Financial crime cases carry severe sentencing ranges and penalties. The severity of the crime is based on the dollar amount of the loss caused as a result of the crime alleged. As a result, financial crimes cases require an experienced attorney who can challenge issues specific to financial crimes and business dealings. Since these cases are complex, they require an attorney who will skillfully investigate, negotiate, and litigate the allegation, including the monetary loss. A conviction can have life-altering effects, including damage to your reputation and ability to find future employment. An attorney who will fight for a positive outcome can minimize these effects.
Nicole Knox regularly defends employees, executives, and employer corporations for allegations or investigation of financial crimes.
Track Record of Success
For more information about Nicole Knox’s most noteworthy and recent results: financial crime cases.
It is a violation of federal law to defraud a financial institution insured by the Federal Deposit Insurance Corporation (FDIC). To convict a defendant of bank fraud, the government must prove beyond a reasonable doubt all of the elements of the crime.
The elements of bank fraud include:
- Knowingly executing or attempting to execute a scheme to defraud
- Intent to defraud
- A financial institution insured by the FDIC
Finally, if convicted, bank fraud is punishable by prison time, fines, and restitution. The amount of money the victim lost due to the fraud determines the range of sentencing options.
Mail and Wire Fraud
Mail fraud is the unlawful use the U.S. Postal Service, or private carriers, to carry out a scheme to defraud someone of money or property.
Wire fraud involves the use of electronic communication to accomplish a fraudulent scheme. For example, common wire fraud schemes include embezzlement, tax evasion, and money laundering.
Often, federal prosecutors charge or indict individuals with wire and mail fraud charges when they don’t have enough evidence to justify more serious charges.
While defending mail and wire fraud investigations and charges are complex, a skilled attorney can fight for a positive outcome.
Business professionals involved in the securities marked, including stockbrokers, are subject to strict federal regulations imposed by the Securities and Exchange Commission (SEC).
Consequently, federal authorities use minor SEC regulation infractions as a legitimate purpose to initiate an investigation of securities fraud. Securities fraud charges are punishable by prison time, fines, and restitution. In addition, collateral consequences include loss of privileges and licenses necessary to continue conducting business in the financial market.