Many white-collar crimes involve fraud and these charges may carry serious penalties despite being nonviolent offenses.
A conviction can have life-altering effects, including damage to your reputation and ability to find future employment. Fraud cases tend to be complex, making it important to hire an experienced attorney who can properly investigate the evidence against you, adamantly defend your rights and seek a positive outcome that will protect your freedom and future livelihood. Nicole Knox has an established record of defending clients against a range of fraud charges.
Federal law prohibits acts that defraud a bank, or even attempts to do so. The potential punishments include imprisonment and fines.
The elements of bank fraud include:
- Knowingly executing or attempting to execute a scheme to defraud
- The accused having intent to defraud
- The institution being insured by the Federal Deposit Insurance Corporation (FDIC)
Even if the fraud isn’t actually committed, you could be charged with attempt or conspiracy to commit bank fraud. In bank fraud cases, the amount of money lost in the alleged scheme generally plays a primary role in the case and at sentencing.
Mail and Wire Fraud
It is unlawful to use the U.S. Postal Service, or private carriers, to carry out a scheme to defraud someone of money or property. Doing so can bring about an accusation of mail fraud.
Wire fraud involves the use of electronic communication, including the telephone, Internet and fax machine, to accomplish a fraudulent scheme. These schemes include:
- Ponzi schemes
- Pyramid schemes
- Check-kiting schemes
- Tax evasion
- Money laundering
- Internet fraud
Prosecutors are known to seek wire and mail fraud charges when they don’t have enough evidence to justify more serious charges. Mail and wire fraud charges also may be added on to other charges to increase the potential penalties in a case. There also are charges of aiding and abetting mail and wire fraud.
While these charges may not be as serious as some other white-collar allegations, mail and wire fraud investigations and trials can be complex. To prove mail or wire fraud, the prosecutor must establish trickery or deception on the defendant’s part and that the defendant had intent to defraud.
Mortgage fraud is committed when a person lies, confuses or intentionally omits important information during the mortgage application and approval process. Mortgage fraud can be committed by a lender or a borrower and charges can be filed on a single act of alleged fraud, such as a misrepresentation.
A wide range of activity can be considered mortgage fraud and government officials have been cracking down on mortgage fraud since the housing collapse and recession. The prosecution must prove there was intent to defraud in the mortgage process. However, inadvertent mistakes are made in these complicated processes and innocent people can end up facing mortgage fraud allegations. It is essential to obtain a responsible and skilled attorney if you are being investigated or have been accused of mortgage fraud.
Professionals such as stockbrokers, financial advisors and market analysts who are involved in the securities market are subject to strict regulations imposed by the Securities and Exchange Commission (SEC) and other federal authorities.
These professionals have to be extremely careful about the many rules and regulations regarding their work – even a minor infraction can lead to legal problems and possible securities fraud charges. There is a lot at risk if you are accused of securities fraud, including federal prison time, fines and the loss of other privileges. Ms. Knox will thoroughly investigate the evidence against you, examine and explain your options and fight to protect your freedom and reputation.
Meet Nicole Knox
Ms. Knox has dedicated her career to providing high-quality criminal defense representation to individuals. Her record of results includes a long list of not guilty verdicts, dismissals and other positive outcomes.Learn More