Counterfeiting
Property Crime Topics
What is Counterfeiting?
Counterfeiting is the act of copying or imitating an item without authorization and passing it off as the genuine or original item. This crime often involves fraudulent reproduction of currency, securities, trademarks, documents, or goods. The intent behind counterfeiting is to deceive others into believing the counterfeit is authentic, which causes financial loss and undermines trust.
Federal Laws on Counterfeiting
Federal counterfeiting laws in the United States cover a broad range of offenses under various sections of the U.S. Code, particularly Title 18. These laws prohibit the creation, possession, sale, or distribution of counterfeit "obligations" (such as U.S. currency and securities) and other counterfeited items. Specific statutes include:
- 18 U.S.C. § 471: Makes it a federal crime to counterfeit U.S. obligations or securities with intent to defraud.
- 18 U.S.C. § 472: Prohibits uttering or passing counterfeit obligations or securities.
- 18 U.S.C. § 473: Addresses buying, selling, or receiving counterfeit obligations or securities intending to use them as legitimate.
- 18 U.S.C. § 481: Addresses possession or use of plates or materials for counterfeiting foreign securities.
These laws are applied to protect the integrity of financial instruments and prevent fraudulent practices.
Penalties and Sentences for Federal Counterfeiting
Counterfeiting offenses under federal law are treated as serious crimes with harsh penalties. Convictions can result in:
Imprisonment: Depending on the charge, offenders face up to 20 years in federal prison, and in some cases involving foreign obligations, up to 25 years.
Fines: Significant monetary fines can be imposed in addition to or instead of imprisonment.
Additional consequences: Convictions may include restitution orders and long-term legal repercussions impacting personal and professional life.
Due to the complexity and seriousness of federal counterfeiting laws, individuals facing such charges should seek expert legal defense to navigate the statutory intricacies and defend against the charges effectively.
Do You Need a Lawyer?
Counterfeiting charges can result in imprisonment, fines, and a life-long criminal record. Regardless of any evidence, our law firm can represent you to fight the charges. Our first goal is to have charges dismissed. If the prosecutor refuses to drop the charges we can negotiate the matter, up to and including trial representation.
What Should I Do Now?
You need to make an appointment with a counterfeiting defense lawyer to discuss your situation. We can provide you with an understanding of what to expect and how we can help you.