Criminal Lawyers in Fort Myers Handle Money Counterfeiting Cases

by | Jan 25, 2018 | Lawyers

Money can only be created by the United States Federal Reserve. However, there are times when a person will try to create money on their own or change the denomination of the money they already have. If a person is accused of doing this, they will need to speak with one of the Criminal Lawyers in Fort Myers as this is a federal crime and could face serious consequences if they’re convicted of this crime.

Money Counterfeiting

There are two main types of counterfeiting money in the United States. The person who creates counterfeit money might try to print their own or change the denomination on cash they have on hand. The issue is, there are security features they cannot copy or change on the money, which means they can easily be caught trying to spend the money. A person can be caught creating the money, trying to spend the money, or even trying to purchase equipment to use to create the fake money.

Federal Crime With Serious Penalties

Counterfeiting money, since it is a crime against the federal government, is considered a federal crime and is prosecuted by the federal government. A person who is charged with creating counterfeit money faces a fine of up to $250,000 and up to 20 years in federal prison. This is incredibly serious, even if they’re only charged with creating a single counterfeit bill, and the penalties could be more serious if they’re found to have created a large number of counterfeit bills.

Arrested for Creating or Using Counterfeit Money

A person who tries to use a counterfeit bill could be caught when they try to purchase something because of the security features found in modern bills. One argument they might have for their innocence is that they did not know the bill was counterfeit. However, they may be arrested anyways and will need to make sure they have legal assistance to help prove they did not manufacture the counterfeit bill themselves.

If you’ve been arrested and charged with money counterfeiting, you need help from Criminal Lawyers in Fort Myers immediately to avoid a conviction with serious penalties. Be sure to contact the Law Office Of James W. Chandler P.A. now for a consultation to learn how they can help you.

Latest Articles

Categories

Archives

Similar Posts