Service & Results.

nyc criminal lawyers over 30 years of experienceWe Know How To Win Cases

Spodek Law Group handles tough cases
nationwide, that demand excellence.

Get Free Consultation

Faced 5+ Years in Prison

People Vs Joseph Amico

Covered by NYDaily News. Las Vegas man accused of threatening a prominent attorney and making vile remarks.

Faced 10+ Years in Prison

People Vs. Anna Sorokin

Covered by New York Times, and other outlets. Fake heiress accused of conning the city’s wealthy, and has an HBO special being made about her.

Faced 3+ Years in Prison

People Vs. Genevieve Sabourin

Accused of stalking Alec Baldwin. The case garnered nationwide attention, with USAToday, NYPost, and other media outlets following it closely.

Faced Potential Charges

Ghislaine Maxwell Juror

Juror who prompted calls for new Ghislaine Maxwell trial turns to lawyer who defended Anna Sorokin.

Why Choose Us

Clients can use our portal to track the status of their case, stay in touch with us, upload documents, and more.

Regardless of the type of situation you're facing, our attorneys are here to help you get quality representation.

We can setup consultations in person, over Zoom, or over the phone to help you. Bottom line, we're here to help you win your case.

Law in the Media

View All

Meet Todd Spodek


The Spodek Law Group understands how delicate high-profile cases can be, and has a strong track record of getting positive outcomes. Our lawyers service a clientele that is nationwide. With offices in both LA and NYC, and cases all across the country - Spodek Law Group is a top tier law firm.

Todd Spodek is a second generation attorney with immense experience. He has many years of experience handling 100’s of tough and hard to win trials. He’s been featured on major news outlets, such as New York Post, Newsweek, Fox 5 New York, South China Morning Post, Insider.com, and many others.

In 2022, Netflix released a series about one of Todd’s clients: Anna Delvey/Anna Sorokin.

Why Clients Choose Spodek Law Group

The reason is simple: clients want white glove service, and lawyers who can win. Every single client who works with the Spodek Law Group is aware that the attorney they hire could drastically change the outcome of their case. Hiring the Spodek Law Group means you’re taking your future seriously. Our lawyers handle cases nationwide, ranging from NYC to LA. Our philosophy is fair and simple: our nyc criminal lawyers only take on clients who we know will benefit from our services.

We’re selective about the clients we work with, and only take on cases we know align with our experience – and where we can make a difference. This is different from other law firms who are not invested in your success nor care about your outcome.

If you have a legal issue, call us for a consultation.
We are available 24/7, to help you with any – and all, challenges you face.

How much prison time do federal fraud convictions carry in New York?

By Spodek Law Group | October 16, 2023
(Last Updated On: October 17, 2023)

Last Updated on: 17th October 2023, 05:09 pm


How Much Prison Time Do Federal Fraud Convictions Carry in New York?

Fraud crimes are unfortunately quite common in New York, ranging from small misdemeanors to serious felony offenses. The penalties for a federal fraud conviction in New York can be severe, often involving lengthy prison sentences as well as hefty fines. This article will provide an overview of the typical sentencing guidelines and penalties for various federal fraud crimes committed in New York.

Common Federal Fraud Penalties

Here are some examples of typical penalties for major federal fraud convictions in New York:

  • Wire fraud (using electronic communications like phone, internet, etc. to commit fraud) – Up to 20 years in prison if the scheme impacts financial institutions or public markets; otherwise up to 30 years. Fines up to $1 million for individuals, $5 million for organizations. [3]
  • Mail fraud (using postal mail to commit fraud schemes) – Up to 20 years in prison. Fines up to $250,000 for individuals, $500,000 for organizations. [5]
  • Bank fraud (schemes to defraud or obtain money under custody of a bank) – Up to 30 years in prison and fines up to $1 million. [4]
  • Securities fraud (false statements about securities to obtain money) – Up to 25 years in prison and fines up to $5 million for individuals, $25 million for organizations. [4]
  • Healthcare fraud (false billings to Medicare/Medicaid) – Up to 10 years in prison and fines up to $250,000. [4]
  • Identity theft (using someone else’s identity to commit fraud) – Up to 15 years in prison and fines up to $250,000. [4]

Penalties are increased for losses over $1 million, for crimes committed by executives, and for prior fraud convictions. Restitution to victims is also typically ordered.

Bottom Line

Federal fraud convictions in New York often carry substantial prison sentences, especially for large-scale schemes involving millions of dollars in losses. While the sentencing guidelines provide a range, judges have wide discretion and can impose up to the statutory maximums outlined above. Having an experienced criminal defense attorney can be crucial in negotiating plea agreements or defending fraud charges at trial. The consequences of a conviction are severe, so anyone facing federal fraud charges should take them very seriously.

Free Consultation


I was searching for a law firm with some power to help me deal with a warrant in New York . After 6 days I decided to go with Spodek Law Group. It helped that This law firm is well respected by not only the top law firms in New York , but the DA , Judge as well. I...

~Fonder Brandon

5 Stars
It was my good fortune to retain Spodek Law Group for representation for my legal needs. From the beginning, communication was prompt and thorough. Todd, Kenneth and Alex were the first people I worked with and they all made me, and my company Qumana skincare feel comfortable and confident that the team was going to work hard for me. Everything...

~A G

5 Stars
After meeting with several law firms, I chose the Spodek Law Group not only for their professionalism and experience, but for the personal attention given to me right from the initial consultation. It is important to recognize how crucial having the right legal team is when faced with potentially life altering events that impact families and the lives of loved...

~George Cherubini

Spodek Law Group

White Glove Service

We Provide Superior Service, Excellent Results, At A Level Superior To Other Criminal Defense Law Firms. Regardless Of Where Your Case Is, Nationwide, We Can Help You.
View More

Request Free Consultation

Please fill out the form below to receive a free consultation, we will respond to
your inquiry within 24-hours guaranteed.


85 Broad St 30th Floor, New York, NY 10004


get directions

Los Angeles

611 S Catalina St Suite 222, Los Angeles, CA 90005


get directions


35-37 36th St, 2nd Floor Astoria, NY 11106


get directions


195 Montague St., 14th Floor, Brooklyn, NY 11201


get directions
Call Now!