Access device fraud involving making or distributing devices over $500 is classified as what?

Access device fraud, particularly when it involves making or distributing devices with a value exceeding $500, is classified as a felony rather than a misdemeanor. The classification as F-3 indicates that this type of crime is considered more serious due to the potential for significant financial harm and the underlying criminal intent. Felony convictions often carry harsher penalties than misdemeanors, reflecting the gravity of the offense.

In this case, labeling it as F-3 recognizes the severity of the act of creating or distributing fraudulent access devices, which can include items like credit cards, debit cards, or other payment mechanisms that can lead to identity theft or financial fraud. This classification serves to deter individuals from engaging in such criminal activities and underscores the legal system's focus on protecting financial integrity and consumer safety.

The other classifications relate to lesser offenses or different aspects of fraud that do not address the serious implications of distributing high-value fraudulent devices.