Extremely doubtful. Fraud requires them to get inside your mind and prove that you never intended to pay the lower payments. You will be sued for breach of contract for not maintaining the payments with the new credit card in civll court. In 7 years as a judge and 7 years as a prosecutor, I NEVER saw anyone prosecuted criminally for what you have described. I hope that puts your mind at ease.
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I agree-extremely doubtful.
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Credit fraud requires showing that you had no intent to pay at the time you made the purchase (or in this case transfer). If you actually have no intent to pay the debt then it shouldn't matter to you what the interest rate is and so taking steps to lower your interest rate is actually some evidence that you are not committing fraud.
On the other hand, if you file bankruptcy soon after a large balance transfer (particularly if within 90 days) then the credit card issuer may challenge the dischargability of the debt. However, you will still prevail if your attorney explains that the charge was simply a balance transfer.
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