In case you have been accused or under investigations for bank fraud, the first thing is to talk to a bank fraud defense lawyer.
Unfortunately, many people don’t understand bank fraud laws and sometimes may find themselves committing acts that amount to bank fraud unknowingly. This can be attributed to the complexity and broadness of the federal bank fraud statute.
Most of the bank fraud cases are handled by various investigating agencies including the Internal Revenue Service Criminal Investigations (IRS-CI), the Federal Bureau of Investigation (FBI), and other law enforcement agencies.
Allegations of bank fraud are normally reported by financial institutions or private individuals who have been affected by the fraud or stand to gain something from reporting.
Bank fraud can also be detected through tax reviews and other record audits. One of the most important things to do for anyone facing bank fraud allegations is to determine the nature and source of the allegations.
NJ Bank Fraud Defense lawyers
At Spodek Law Group, we provide legal assistance to people under investigations for bank fraud allegations and those who have already been charged under the bank fraud laws.
Our clients include victims of check fraud, people accused of hacking financial institutions, identity theft, fraud involving credit cards, bank employees accused of embezzling funds, and anybody accused of obtaining money from banks through fraudulent means.
Here is why you should consider working with our bank fraud defense lawyers:
• Our defense lawyers have years of experience as senior trial attorneys in the DOJ
• Years of experience working as FBI agents
• Decades of experience working with the IRS-CI
Considering the harsh penalties associated with bank fraud allegations, you will definitely want to hire a seasoned defense lawyer that will represent you well.
In case you have been notified about a bank fraud investigations, you should quickly contact a bank fraud lawyer to start preparing your defense.
What amount to bank fraud under the deferral laws?
Most bank fraud cases are charged under the 18 U.S.C. 1334 statute. It is the statute that federal prosecutors use to pursue cases against individuals accused of fraudulent activities within the financial sector.
The Criminal Resource Manual stipulates that only institutions or organizations registered under the Laws of the United States are protected by the above statute.
Examples of unlawful acts that amount to bank fraud
Federal bank fraud statutes are broad and complex. As such, understanding the specific act considered to be a bank fraud requires an in-depth analysis of federal case laws and the history of prosecutions in the Department of Justice (DOJ).
At Spodek Law Group, we have lawyers who have experience in various law enforcement agencies including the Department of Justice. We represent individuals accused of the following bank fraud allegations:
• Hacking network systems of financial institutions
• Hacking of individual’s bank accounts
• Use of an influential position or inside information to defraud a financial institution
• Check fraud, bank account fraud, and credit card fraud
• Making use of shell companies in an unlawful manner
• Identity theft and the use of false information to transact with financial institutions
All the above allegations can be prosecuted under the bank fraud 18 U.S.C. statute. Besides, they can also be charged with mail fraud, money laundering, tax evasion, wire fraud among other federal crimes.
If you are have been indicted or being investigated, then it is important to clearly understand what type of allegations you are being accused of. This will help you and your defense lawyer to develop a strong and comprehensive defense.
Why choose Spodek Law Group?
There are several reasons why many people choose to work with our defense law firm. We have years of experience representing clients from all over the country.
Besides experience, our law firm focuses on federal defense. We have the necessary knowledge and experience to handle white-collar crimes. Our lawyers represent clients at every stage of the federal prosecution process.
Last but not least, most of our attorneys have worked with different law enforcement agencies. This means they clearly understand how cases are handled right from the investigation stage all the way to the appeals process.