What are the penalties if I commit fraud?

Answer

Possible jail time and a mark on your record you will carry for years. Fraud is a deception deliberately practiced in order to secure unfair or unlawful gain. This can be punishable by a sentence of incarceration as directed by the court.
2 Additional Answers
How long you will go to prison for after committing fraud depends on they type of fraud and the monetary value taken. You should not think about doing it, you should instead find yourself a way to better yourself.
If you commit fraud, the length of your prison term will be dependent on the crime you commit. More than likely, the worse case of fraud that you commit, the more time you will receive. You may not do any jail time and will be on probation and have to pay a heavy fine. It all depends on the details of your particular case. It also depends on your lawyer and what deals he can make within your favor. You can find more information here: www.law.cornell.edu
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