The consequences of fraud vary depending on whether you are found guilty of fraud under or over $5,000. For fraud under $5,000, the Crown can proceed summarily or by indictment. If proceeding by summary conviction, you could face up to two years less a day in prison and/or a fine of up to $5,000. There are also an alternative, more lenient sentences available where you could face no jail time. If the Crown proceeds by way of indictment, you could face a maximum sentence of two years.