What are the consequences for mail fraud?

Mail fraud is a type of white collar crime in South Carolina that is defined as a scheme to defraud or obtain money, property, or services by means of false or fraudulent pretenses, representations, or promises or through the concealment or alteration of material facts. The consequences for mail fraud can vary depending on the severity of the charge. Conviction of mail fraud in South Carolina can result in up to 20 years in prison, a fine of up to $250,000 and/or restitution for the victims. Restitution is the court-ordered repayment of the victims for any financial losses they may have suffered due to the mail fraud. Mail fraud can also carry other consequences such as the loss of professional licensure, for example, doctors, lawyers, and veterinarians. The professional licensing board in South Carolina may suspend or revoke the license of those convicted of mail fraud. In addition, mail fraud may result in restitution to the public. The defendant may be ordered to pay a certain amount as a public slap on the wrist in order to discourage the mail fraud from happening again. These consequences are meant to punish fraudsters and deter others from committing mail fraud in South Carolina. By enacting harsh consequences for mail fraud, it is hoped that the prevalence and consequences of this type of white collar crime will be reduced in the state.

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What are the consequences for mail fraud?

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