Publication date: 30.05.2024
Lawyer with 15 years of legal experience, specialization: family and civil law, inheritance, contract law, criminal cases, administrative cases, cases involving foreigners, migration law
Financial fraud is one of the most common and complex types of crime in Ukraine. It is a crime that causes significant damage to both individuals and entire companies and banks. In today's economy, the protection of financial resources and legal support for victims of fraud are extremely important.
Types of financial fraud
- Credit fraud: Criminals use forged documents or false information to obtain loans from banks or other financial institutions. Often, the fraudsters disappear after obtaining the loan, leaving banks with unpaid debts.
- Bank card fraud: This includes withdrawing funds from cards using counterfeit cards, skimming (copying data from the card's magnetic stripe), phishing (obtaining confidential information by deception) and other methods.
- Investment fraud: Criminals promise high returns from fictitious investment projects or pyramid schemes, attracting money from investors who subsequently fail to return.
- Insurance claims fraud: Fraudsters submit false claims for insurance payments in order to obtain insurance benefits. This may include faking accidents, fires, or other events.
Legal assistance:
Victims of fraud have the right to seek legal assistance to protect their rights. A lawyer can help you file a report of a crime and represent you in the pre-trial investigation and court.
- Civil action: In addition to criminal proceedings, victims can file civil lawsuits to recover material and non-material damages caused by fraud. A lawyer will help you to properly prepare all the necessary documents and represent the victim's interests in court.
- Mediation: In some cases, mediation between the victim and the fraudster is possible. This allows you to reach an agreement on compensation for damages without a trial. A lawyer can act as a mediator or represent the victim in the mediation process.
To effectively protect their rights, victims of fraud can turn to qualified lawyers. On the Consultant.net.ua website you will find experienced professionals who specialise in criminal cases, in particular, fraud under Article 190 of the Criminal Code of Ukraine. A fraud lawyer under Article 190 of the Criminal Code will provide you with professional assistance at all stages of the case. If you need a fraud lawyer or a lawyer under Article 190 of the Criminal Code of Ukraine, please contact our experts for quality legal support.
Fraud prevention
- Information security: Financial institutions must ensure an adequate level of information security to protect customer data. This includes regular software updates, encryption and two-factor authentication.
- Staff training: Training employees of banks and other financial institutions on how to detect signs of fraud and how to act when they are detected is an important aspect.
- Raising customer awareness: Financial institutions should conduct awareness campaigns for their customers to raise their awareness of the risks of fraud and the security measures they should take.
- Cooperation with law enforcement: Effective cooperation between financial institutions and law enforcement agencies can help to quickly identify and stop fraudsters and prevent new crimes.
Conclusion
Financial resources fraud is a serious problem that requires a comprehensive approach to its solution. Criminal liability for such crimes should be strict to prevent new cases of fraud. At the same time, it is important to ensure effective protection of the rights of victims and provide them with adequate legal support. Contacting qualified lawyers is an important step in protecting their rights and compensating for losses.
