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The notary can lose their commission, and can be sued for the full amount of their bond ($7,500.00), which the notary would be required to pay back to their bonding agent. Depending on the offense, the notary could also be guilty of a felony if they notarize a document without the signer being present, and could be imprisoned.
Lots of different penalties can be assessed and it depends on state law. The worst ones involve jail time and can also leave the notary financially liable for the entire transaction (defraud a home sale, foe example, and the notary can end up paying the cost of the house, possibly more than once, plus all the related legal fees plus all the related fines for every party involved...big $$$).
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Where do you report fraud?
Where do I report a suspicion of Notary Fraud in AZ
Benefits of a notary?
Having a notary at a transaction guarantees that each person is who they claim to be which cuts down on fraud and identity theft.
What if a licensed notary emails an unlicensed notary soliciting work in order to trap this notary?
I am unsure what an "unlicensed" notary is. If a notary's commission has expired, that person is no longer a notary and cannot legally notarize documents. If a notary with an expired-commission notarizes a document, the expired-commission notary can face fines or jail-time. The legal status of the improperly notarized document varies from state to state. Asking an expired notary to work, via email or otherwise, is not a crime and does not necessarily constitute an attempt at fraud. If an uncommissioned notary is soliciting work, that person is committing fraud.
What is the punishment for someone who commits internet fraud?
There are many different punishments for someone who commits internet fraud. Some people may get anything from community service to years in prison. It all depends on the person background with the law and the type of offense commited.
If a notary stamps a document for a corporation and they are a part of that corporation is that fraud?
Probably not. The notary in most American states is licensed by the secretary of state to perform notarial duties according to local statutes and regulations and it makes no difference who the "client" is. The notary must carry out the procedures as required by law. On the other hand, if the notary is "ordered" to violate the regulations and does so to keep his or her job, then it may not be fraud, but it is certainly a crime that needs to be dealt with appropriately. A notary is just assuring the person signing the document is the one signing the document. It does not assure anything about the content of the document...it can be "I swear I am not John Smith"...signed by John Smith and notarized by a notary assuring that it is indeed John Smith signing. So what could be the fraud the notary would commit?
Can a notary stamp be altered and used?
No. In fact, alteration of a notary stamp is most likely considered fraud in most jurisidctions and will probably subject the perpetrator to criminal penalties.
Can a wife sign her husband signature and he not be there and have a notary stamp it?
No. The reason why a notary is needed to avoid this kinds of fraud. Both named parties need to be present and sign the notaries journal also.
Can you be a notary if you have a felony over 10 years old?
It depends if the felony was a fraud issue... but is up to the Sectary of State
Is it wic fraud if a boyfriend helps himself to food purchased from wic WHAT WILL HAPPEN IF THIS IS FRAUD?
No, that's not fraud.
What is a person who commits fraud called?
Trickster Hoaxer Prankster deceiver cheat cheater trickster beguiler slicker ... :P
What is the criminal penalty in California for check fraud?
A person who commits check fraud in California could face up to 3 years in prison. They could also pay up to $10,000 in fines.
If you had a notary use someone else's notary stamp and forge the signature what can you do and to whom do you report this issuse?
Not the best answer, but whatever authorizing body, city/county/state, that controls notaries in your state is the one to contact. The local BAR association should know who you need to find and they probably have a free hotline. Fraud is a serious crime and fraud by a notary is worse. The signature of the real notary versus the counterfeit one should be easy enough to show in court, BUT some states allow an improperly or illegally notarized document to stand anyway. Not sure where you might be, but in California it would be with the Secretary of State.....they have a Notary division.
