YOU MAY HAVE SEEN TODD SPODEK ON THE NETFLIX SHOW INVENTING ANNA
When you’re facing a federal issue, you need an attorney whose going to be available 24/7 to help you get the results and outcome you need. The value of working with the Spodek Law Group is that we treat each and every client like a member of our family.
Client Testimonials
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THE BEST LAWYER ANYONE COULD ASK FOR.
The BEST LAWYER ANYONE COULD ASK FOR!!! Todd changed our lives! He’s not JUST a lawyer representing us for a case. Todd and his office have become Family. When we entered his office in August of 2022, we entered with such anxiety, uncertainty, and so much stress. Honestly we were very lost. My husband and I felt alone. How could a lawyer who didn’t know us, know our family, know our background represents us, When this could change our lives for the next 5-7years that my husband was facing in Federal jail. By the time our free consultation was over with Todd, we left his office at ease. All our questions were answered and we had a sense of relief.
Individuals who have committed financial fraud have performed an intentional act of deception. The act of financial fraud involves illegal transactions with a goal of personal financial benefit. Financial fraud is often conducted by business professionals who possess specialized knowledge and use it for criminal purposes. Anyone accused of financial fraud should seek legal counsel.
Types of Financial Fraud
Forgery
This happens when an individual intentionally defrauds a person by executing a signature on various documents that are real or have been altered. This is done without an owner’s consent or knowledge. It also occurs when a letter, note or another type of writing is fraudulently presented as the work of a victim. A writing can involve a signature on credit card, bank drafts, deeds, bonds, stock certificates and more.
Internet Investment
This happens when fraudulent operators of investment schemes attract victims to purchase investments products on-line after receiving false advice. Victims are told they will receive high returns at the initial stage of a financial product’s development. In most cases, those operating such a scheme eventually close down their operation and move on with the victim’s money.
Insurance Fraud
This involves individuals lying with the goal of obtaining money from an insurance company. This type of fraud can happen with every type of insurance product. There are two different types of insurance fraud. There is soft fraud and hard fraud. Soft fraud involves things such as exaggerating losses after a house fire. Hard fraud would involve planning a house fire for the purpose of financial reimbursement.
If you are looking for a lawyer that listens, is aggressive where needed, and holds his word above all else, Todd is the best pick. I had hired multiple attorneys prior to hiring the Spodek Group for a white collar case. The first thing that stood out to me was the cost, as anyone going through the process and dealing with the system, money was tight at that time - especially after hiring and firing multiple lawyers. The cost was not as high as others which was definitely a plus. Todd's intake process was also unlike other attorneys. He took the time to actually listen. He cared. He was trying to put himself in my shoes while I was explaining the situation to him and he really took the time to understand the whole situation. Other lawyers will give you 15 mins and send you a retainer agreement. Not Todd, I think he spent almost two hours with me as I was explaining everything.Not only was he great during the onboarding process, he was supportive and very informative through the entire plea process and eventually sentencing. After hiring him, I asked if I should hire a prison consultant, he told me to save my money as he would do everything they would. He was right and held up to his word. Later on I would hear from others that went with the prison consultants that they were a waste of money - I am glad I listened to Todd!When it came time for sentencing, two days prior to sentencing, the prosecutor tried increasing my proposed prison time by almost double - apparently a normal move. Todd and his team worked with me non-stop through the weekend prior to sentencing to ensure that I was not given additional prison time. Again, he took the time to listen and came up with a strategy to explain the case with great detail.Unfortunately, I did plead guilty as that was my best option. Todd and his whole team wrote up nearly 300 pages of a summary of what happened and why I should not be given prison time. If I breakdown the amount I spent with Todd versus the amount of work that I saw being done, I am shocked I was not charged four times as much. The other benefit was, a lot of criminal defense lawyers were just a single attorney with a paralegal or two. Todd had a team of people that I dealt with (5-7 people that I interacted with), but he was ALWAYS accessible. It would never take him more than an hour to reply unless he was in court.I was sentenced to prison and I was emotionally distraught. Todd and his team did whatever they could even after sentencing to make sure I was alright. He personally stayed in touch with my family to ensure I was doing alright and offered support to them. Most lawyers would consider the job complete at sentencing, not Todd.After prison, Todd still spent time with me to make sure I was on the right track and avoiding any potential risks in the future. He has also been giving advice on how to navigate probation etc and has not been looking at the clock for billing.Although I wish I had never been arrested in the first place, I am glad I had Todd and his team in my corner. Without them I likely would have had to spend a lot more time in prison than I did.Thank you, Todd, and the entire Spodek Law team, for helping turn what was a nightmare into a manageable situation!
I am immensely grateful to the entire team at Spodek Law Group for their unwavering dedication and exceptional expertise throughout my case. From our initial consultation to the final resolution, their professionalism and tireless advocacy made all the difference. Their strategic approach and attention to detail instilled confidence in me every step of the way.Thanks to their hard work and commitment, we achieved a truly favorable outcome that exceeded my expectations. Not only did they navigate the complexities of my case with precision, but they also provided invaluable support and guidance during what was undoubtedly a challenging time. I cannot recommend Spodek Law Group highly enough, especially attorneys Todd Spodek and Claire Banks; they are beacons of excellence in the legal profession.YSP.
Todd, Ralph and Alex are amazing. Helped my husband get from a double digit number with multiple charges to a single digit, by the time I blink he will be out. They very professional and help with all your needs. They dealt with my anxiety and worry very well and they understand that your family member needs to get home as soon as possible.
Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.
I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence.Thank you team!
I recently had Spodek Law Group represent me for a legal matter in NYC and I am thoroughly impressed with their services.Alex Zhik secured the best possible outcome for my case.It was a seamless journey from the initial consultation to the resolution of my legal matter. From the moment I spoke to Todd about my case, his enthusiasm to help was evident, setting a positive tone for the entire experience. The efficiency and professionalism displayed by the team is commendable.A particularly noteworthy aspect of their service is their user-friendly portal to upload your documents/evidence. This not only simplified the process, but showcases their commitment to streamline the client experience.Lastly, in an industry where legal fees can often be a concern, I found their pricing to be very reasonable, making needing legal assistance feel accessible and stress-free.I am grateful for their support and wouldn't hesitate to turn to them again in the future.
Unauthorized Financial Transactions
This involves the fraudulent transfer or withdrawal of funds from a person or entity’s bank account without their consent. This often happens when bank account holders are tricked into divulging their banking personal identification number (PIN) or password. A common scheme is to inform a bank account holder they’ve won a cash prize. The fraudster will help the victim set up a bank account for the prize. The victim will be asked to register the fraudster’s cell phone number with their current account so they can finish setting up the new account. Doing this provides the fraudster total access to the victim’s bank account.
Wire Fraud
A person can be charged with this crime if they use an interstate communication device such as the internet or telephone with the intention of defrauding another person or entity for something of value. People have been charged with wire fraud when they used their cell phone to send emails trying to get people to purchase things they do not own such as property, vehicles, jewelry and more. This is classified as a federal crime.
Securities And Investment Fraud
This happens when corporate entities or individuals utilize fraudulent stock values as a way to obtain money from investors. This type of fraud also happens when individuals have insider knowledge that provides them with an unfair investment advantage. This is known as insider trading. A Ponzi scheme involves paying investors from personal funds and claiming it came from an investment. This is done to attract more investors. Financial fraud can also involves making unauthorized stock trades and more.
Credit Card Fraud
This is a common type of financial fraud. It involves the buying, selling or forging of credit card information. This type of fraud also involves using a credit card or debit card information to make unauthorized purchases, cash advances and more. There are many different types of credit card fraud. Should someone be convicted of this, the facts of the case will determine their punishment. An individual’s criminal history, the amount of property obtained and more will be used to determine their punishment.
Legal Implications and Punishment
New York State Penal Code
There are a number of laws covering financial fraud under New York’s penal code. Should a person break one of these laws, they could be charged with something as major as a felony down to a misdemeanor. Should a person be convicted of financial fraud, they will have a criminal record. They could also face time in jail.
Punishment
In the state of New York, a person found guilty of a financial fraud could be facing a variety of charges. They could get everything from a warning to community service. The court has the discretion of giving a sentence of up to 3 years probation. In some cases, they could spend 15 days up to a maximum of a year in county jail.
