Rockaway Borough NJ Fraud LawyerRockaway Borough, NJ police are warning members of the public to be cautious when it comes to potential scams.

The police department issued a news release that advised residents to be careful about deals that seem too good to be true. The department warned Rockaway Borough residents to be on the lookout for any kind of financial scam, including credit card scams, bank scams, lottery scams, and electronic company phone scams.

The Rockaway Borough Police Department made the announcement during the same week that the Morris County Prosecutor’s Office held a roundtable discussion on how to combat financial crimes. The roundtable was hosted by the office’s Financial Crimes Unit. More than 10 prosecutor’s offices in northern New Jersey were expected to take part in a panel on financial crimes prosecution.

Acting Morris County Prosecutor Fredric M. Knapp said that the discussion was needed because it is often difficult to prevent and prosecute financial crimes. Knapp said that financial fraud crimes are tough to detect because of “their highly complicated and technologically sophisticated nature.”

Anyone who has been accused of a financial crime should be aware that NJ prosecutors often seek the maximum penalties in these cases – and the penalties can be severe. For example, theft by deception carries potential prison time. The crime is governed by N.J.S.A. 2C:20-4, which classifies the offense as a third degree felony if the defendant took more than $500. This means that anyone convicted of stealing more than $500 could be sentenced to up to five years in NJ state prison.

For more information, view the NJ.com article entitled “Rockaway Borough Police Warn: Be on the Lookout for Scams.

 

If you are facing theft or fraud charges in New Jersey, contact Morristown NJ criminal defense attorney Travis J. Tormey for a free consultation about your case.