internet fraud Question And Answer
what is theft by conceives and internet fraud?
I had got a payday loan now they said that they are going to charge me with theft by conceives and interent fraud take it to court can they do that please help me
Answers
yeah you need to pay them back you signed papers with them and youre fucked youll be paying doubled then what you owe them
I beleive what you mean is theft by conversion ??
But basicly if you borrow money on a payday loan you write them a check, that they are suppose to cash at the time you get your check,
Many people can't pay that, so they merely pay a high interest rate each payday, getting futher in debt, till they can't pay.
If you don't pay, they will attempt to cash the check, if it bounces, they can file a complaint to have you charged with writting a bad check. ( depending on the size of the check and the state, it can be a felony) and since you knew there was no money in the bank when you wrote the check, they can show intent to defraud them.
If you did this over the internet, they could try internet fruad, but most likly just the check fruad.
If you do not check a company before entering into a transaction, you could lose your money, time and credibility. Some widely used resources are the Better Business Bureau (www.bbb.org) and the national fraud center (www.fraud.org) these days, you can easily find out more about a company using the internet in a few minutes. From a company's website, you can details about its ownership, how old the company really is and feedback from the company's customers.
You can find more detailed information about a company at http://tinyurl.com/gtb89