Many people wonder what happens if you use a fake credit card, and for this reason, stores are becoming more vigilant and authorities prosecute these offenses vigorously.
Many altered or fake credit cards look like the real thing, complete with logos, names, and of course a functioning account number. One common scheme is to convert a gift card or prepaid card into a credit card by altering the magnetic strip and embossing the account holder’s name on the front. There are ways to detect these forged cards, but merchants rarely have the time to double check every transaction during a busy day.
What Are the Penalties for Creating, Possessing, or Using a Forged or Altered FTD?
According to section 750.157n of the Michigan Penal Code, it’s a felony to knowingly possess a fraudulent or altered FTD. This offense is different than most because it does not require the prosecutor to prove the defendant’s criminal intent. Instead, the prosecutor only needs to prove that the accused knew the card was fraudulent or altered.
Michigan Penal Code section 750.157r punishes the act of forging, altering, simulating, or counterfeiting an FTD. Like the possession of an altered FTD, this offense is a felony. The sentence that you might receive after a conviction for either offense will depend on your lawyer’s abilities and the judge’s appraisal of your case. In general, the maximum punishment for these crimes is a $5,000 fine and up to 4 years in prison.
