Credit Card Fraud

According to Florida law, credit card fraud is when a person uses a credit card illegally or through fraudulent means, to make purchases of goods or services amounting to less than $100, or uses the card less than three times in a six-month period, then it is considered a first degree misdemeanor offense.

“This low level form of credit card fraud is punishable with up to one-year jail term and a fine. The fine can be up to $1,000 or may even be twice the amount of loss suffered by the victim, whichever is higher.” -criminal case study

Credit Card Conviction Breakdown

Under Florida Law, when the perpetrator uses the credit card fraudulently for purchasing goods or services amounting to $100 or more, or uses the card three times or more within a six month period, then it is a third degree felony offense.

“Such offense is punishable with up to five years jail term, and a fine of up to $5,000 or double the amount of loss suffered by the victim, whichever is higher.”

When the person receiving the payment knows the card to be illegal or fraudulent and still accepts the transaction for an amount of $300 or less, then it is a first-degree misdemeanor offense. For amounts exceeding $300, it becomes a third degree felony charge.