The offence of fraud is described as being deceitful, lying or using other fraudulent means to defraud the public, or any person, of property, money, valuable security or any service, and of affecting the public market price of stocks, shares, merchandise or anything offered for sale to the public.
There are two variations of being charged with fraud. The first is Fraud over $5000, where the alleged value of the defrauded amount is over $5000. The second is Fraud under $5000, where the alleged value of the defrauded amount is under $5000.
The definition of Fraud is set out in s. 380 (1) of the Criminal Code of Canada as follows:
380. (1) Every one who, by deceit, falsehood or other fraudulent means, whether or not it is a false pretence within the meaning of this Act, defrauds the public or any person, whether ascertained or not, of any property, money or valuable security or any service,
(a) is guilty of an indictable offence and liable to a term of imprisonment not exceeding fourteen years, where the subject-matter of the offence is a testamentary instrument or the value of the subject-matter of the offence exceeds five thousand dollars; or
(b) is guilty
(i) of an indictable offence and is liable to imprisonment for a term not exceeding two years, or
(ii) of an offence punishable on summary conviction,
where the value of the subject-matter of the offence does not exceed five thousand dollars.
Why should you hire Butz & Company for your Fraud related charges?
At Butz & Company, our criminal lawyers understand that being charged can carry a variety of consequences and may leave you with a criminal record. Our lawyers have the skills and knowledge to defend you in your fraud charges. The disclosure in these cases is extensive and requires a keen eye and patience. We offer a free no obligation consultation to help you navigate the criminal justice system, please call 306-500-7000.