Fraud can definitely be classified as a felony, and most of the time it is, particularly for big amounts or intricate plots, but it can also be a misdemeanor depending on certain things such as the amount involved, state laws, and past crimes; federal fraud is typically a felony. It all comes down to factors like the value of the money, the victim (for example, senior citizen), and the nature of the fraud (tax, identity, credit card) to decide whether it is a serious felony punishable by years in prison or a minor offense.
