Financial fraud cases require experienced representation. The Law Office of Andrew Bouvier-Brown has the experience necessary to help you fight bank fraud accusations with competent and honest representation. Our office will take the time to address all of your concerns, and we ensure that you are kept up-to-date on all aspects of your case.
Federal Bank Fraud
Financial fraud cases involve purposefully executing a scheme to defraud a financial institution in an effort to obtain credit, money, assets, or other property. According to 18 U.S.C. Section 1344, bank fraud is a federal crime punishable by fines up to $1,000,000 and/or a prison sentence of up to 30 years.
Various crimes can lead to charges of federal bank fraud. Depositing stolen checks, altering or forging checks, or check kiting are all examples of financial or bank fraud. Check kiting is often used to obtain unauthorized credit against a bank. In these instances, bank customers attempt to use “float time” (the amount of time in between when a check is deposited and when the funds clear) to inflate a bank account falsely and cover checks that would otherwise bounce.
Additionally, bank fraud encompasses accounting fraud, such as falsifying information on financial applications, as well as credit card, and ATM fraud. Those who obtain credit card numbers through criminal means, or place devices on ATMs to scam people out of their credit card information, quickly find themselves in hot water. Recent innovations have made credit card crimes easier to identify and prevent. Further advancements in financial security are being developed to investigate and try those who may have been involved in schemes in the past. If you or a loved one has been charged with credit card or bank fraud, you need experienced representation.
Although all of these crimes can be prosecuted federally, they can also generally be charged as state criminal offenses as well. Don’t assume that because the alleged conduct was relatively “minor,” and the federal government won’t expend the resources to prosecute you or your loved one, that it means no prosecution will follow. It is quite common for a federal agency to turn over a “minor” offense to the state authorities for prosecution.
Contact my office today for a free consultation. I will talk you through your financial or bank fraud case to ensure that we are the right fit for your specific needs. Each case is different. I keep my caseload small to provide the personal attention my clients deserve.
Clients count on my knowledge and attention to detail. Call today to learn more!