5 ms·
Isn't fraud already illegal?
by thesis 3y ago
Isn't fraud already illegal?
- wmf 3y agoThey think there will be additional deterrence by making it super illegal. See "identity theft" for a previous example.
- aitchnyu 3y agoSo, did their action solve it?
- hammock 3y agoYes and assaulting someone is also illegal (whether with a weapon or not), reckless driving is also illegal (whether you are drunk or not), and violent hate crimes are illegal (whether you had discriminatory hate in your heart or not)
- Cheer2171 3y agoFraud has to be prosecuted by the Dept of Justice. Deceptive business practices can be independently pursued by the FTC.
- PeterisP 3y agoThe existing criminal process can prosecute fraud after the fact; but there are potential FTC regulations which could make it either harder to commit it or easier to detect it, acting as a deterrent before fraud is done.