Click to Call 1-866-766-5245 24/7
Fraudulent Use of a Financial Transaction Device, such as a credit card, is a serious crime. We can Help. Call our Expert Attorneys. (800) 576-6035

Fraudulent Use of a Financial Transaction Device

The Kronzek Firm, Premier Criminal Defense

All Michigan Financial Transaction Device (FTD) Crimes are serious and require a professional, competent criminal defense attorney to defend.  The crime of Fraudulent use of an FTD is not different.  If you find yourself facing any fraud related felony in Michigan, you can rely on the criminal defense team at The Kronzek Firm PLC.  You owe it to yourself to contact us or call us at (866) 766-5245.

The Law on Fraudulent FTD Use

Michigan law prohibits an individual from “knowingly and with intent to defraud” using a financial transaction device to withdraw more money than you had on deposit, or withdraw or transfer more money than you were allowed, or withdraw money more often than you are allowed.

If the amount of funds transferred or withdrawn is less than $200.00, then you may be charged with a misdemeanor, punishable by up to 93 days in jail, a fine up to $500.00, or 3 times the amount of the funds withdrawn or transferred, whichever is greater, or both.

If the amount of the funds withdrawn or transferred is

a) $200.00 or more up to $1,000.00, or

b) the amount is less than $200.00 but there’s one or more prior convictions under this section, then you may be charged with a misdemeanor punishable by up to 1 year in jail, a fine up to $2,000.00, or 3 times the amount of funds withdrawn or transferred, whichever is greater, or both.

If the amount of the funds withdrawn or transferred is

a) $1,000.00 up to $20,000.00; or

b) $200.00 up to $1,000.00 and there is one or more prior convictions under this section, then you could be charged with a felony, punishable by up to 5 years in prison, a fine up to $10,000.00, or 3 times the amount of funds withdrawn or transferred, whichever is greater, or both.

If the amount of funds transferred or withdrawn is

a) $20,000.00 or more, or

b) the value is $1,000.00 up to $20,000.00 and there are two or more prior convictions under this section, then you could be charged with a felony punishable by up to 10 years in prison, a fine up to $15,000.00, or 3 times the amount of funds withdrawn or transferred, whichever is greater, or both.

Call Us to Hire Aggressive Criminal Defense

We’ve been defending clients successfully for over two decades, and we understand the value of having quality legal representation in all criminal cases. The Kronzek Firm PLC offers a free consultation at (866) 7-NoJail for those needing to hire an attorney. Our attorneys are available by appointment and 24/7 for emergency situations. Call (866) 766-5245 for immediate help.

Back to
Top ▲