Counterfeiting is the act of unlawfully reproducing or copying currency or other financial instruments. Counterfeiting of the following items is punishable by up to 10 years in prison, a $1,000 fine, or both under Maryland law:
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Bonds
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Checks
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Deeds
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Drafts
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Endorsements or assignments of a bond, draft, check, or promissory note
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Entry into an account book or ledger
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Letter of credit
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Negotiable instrument
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Power of attorney
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Promissory note
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Release or discharge for money or property
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Title to a motor vehicle
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Waiver or release of mechanics’ lien
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Will or codicil
In addition, simple possession of a counterfeit item, with knowledge that it is not authentic, may warrant up to 3 years in prison and a $1,000 fine.
For more information on Counterfeiting and Related Crimes, a free initial consultation is your next best step. Get the information and legal answers you are seeking talk Arnold F. Phillips by calling [number type=”1″] today.