A bank fraud attorney from Pravati can help
Bank fraud is the act of illegally taking assets, money, securities or other property from a financial institution through false or fraudulent methods. Oftentimes, bank fraud is a criminal offense. Depending on the amount of money that was taken, it can be considered a felony. And while bank fraud is usually considered a white-collar crime committed by insiders, you don’t have to take directly from the bank to be accused of bank fraud; posing as a bank to obtain money from depositors also falls under this heading.
Penalties & Convictions
Just because you’ve been charged with bank fraud, that doesn’t mean you’re guilty and it doesn’t mean you’ll be convicted. The penalties for those convicted are stiff—including up to $1,000,000 in fines and 30 years imprisonment depending on your state and the seriousness of the crime.
If you’ve been accused of bank fraud, the stakes are high. Already in 2016, there have been several indictments for bank fraud, the most notable of which was against Wilmington Trust Corp. As people find more ways to commit these crimes using technology, the FBI and other law enforcement agencies are becoming stricter about tracking down criminals. Sadly, innocent people often get caught in the crossfire.
Lawyer Referral For Bank Fraud Lawsuits
If you’ve been accused of bank fraud, you can’t take the risk of working with an inexperienced lawyer. You need a bank fraud lawyer with the professional experience of representing others accused of bank fraud—one who understands the complexity of the criminal court system. At Pravati Networks, we take the work out of choosing a bank fraud attorney by matching you to one of the proven lawyers in our network. It is our goal to ensure you get a bank fraud attorney who accepts a small retainer and is dedicated to fighting your fraud case. Our lawyers are ready to act on your behalf to regain your financial assets and property or work toward a more reasonable sentence.
Bank Fraud Attorney
EXAMPLES OF POTENTIAL BANK FRAUD
- A scheme or ruse to defraud or obtain money or property by means of false pretenses, representations or promises;
- A use of the mails or interstate wires for the purpose of executing the schemes; and
- A specific intent to defraud, either by devising, participating in or abetting a scheme.
If you or a loved one were wrongfully convicted of Bank Fraud, contact Pravati Networks today.