Familiar fraud has been around since the formation of the most primitive economy. It is also the single most devastating type of fraud that anyone can experience. This type of fraud is a fraud that has been committed by a perpetrator that the victim knows. Most commonly this is committed by actual family members, spouses or very close friends. Because of this the betrayal and emotional impact are often substantial, especially when compared to other types of fraud.
What are the Consequences of Familiar Fraud?
Familiar fraud hits home because it more than likely occurred in the house. When someone targets you for theft from within your household, it can create enormous rifts for the foreseeable, if not permanent, future. This type of fraud has been known to cause lasting divisions, permanently damaging the emotional and mental wellbeing of all those involved.
It is important to realize that familiar fraud can be dealt with, and also that there should be no feelings of guilt on your part.
Cope with Familiar Fraud
Here are the steps to take to deal with familiar fraud and how to alleviate any feelings of guilt along the way.
- Be candid. The first thing to remember is that a crime has been committed. Accepting that you have been a victim of crime is never pleasant. It is also important to talk openly to the person that has committed the offense. Sometimes people make mistakes or commit crimes without thinking of repercussions.
- Be amicable. It might be best to resolve the issue without the police. Has your relative or friend got a problem that they need to have support with such as addiction? Is the theft worth losing the relationship with your son over?
- Be open to discussion. It should be with careful consideration that any action is taken, knee-jerk reactions often cause terrible fallout. Sit down and speak with the perpetrator and other trusted family members before making a decision that could tear apart the family unit.
- Be realistic. Realize that sometimes, there is no easy solution. Very often, especially in cases of addiction, it is difficult to mediate or agree on a resolution whereby the perpetrator relinquishes their behavior.
- Be tough. In these situations, it is potentially better to take a “tough love” approach, reporting the crime to the relevant authorities and also importantly, making those authorities aware that there is an underlying reason. It may be that there is additional help available for your loved one that you can’t provide such as rehabilitation.
- De-escalate the situation. Emotions will run high, and you may be seething, livid even. There might be moments when you are dealing with this situation that you’re overwhelmed by hate and anger.
Leave Your Emotion at the Door
This isn’t the place or time to vent that anger. Ultimately it will cause tensions to rise, and the perpetrator will likely become defensive, put up boundaries and refuse to accept help.
If you have been a victim of Familiar Fraud or know someone that needs help or guidance dealing with the situation, it is crucial to get the support you need first before trying to tackle the situation.