Urbana Bank and Wire Fraud Lawyer
Both state and federal governments investigate and prosecute fraud cases aggressively. Charges for bank and wire fraud are typically laid at the federal level. Even though these offenses are non-violent in nature, they still carry harsh penalties that include long sentences in federal prison, high fines, and probation. It is possible to defend against these serious federal charges, but you cannot do it alone. Our Urbana bank and wire fraud lawyer has the necessary experience with the federal justice system to give you the best chance of beating your charges.
What Is Bank Fraud?
Bank fraud occurs when any person attempts to illegally obtain money or other property from a financial institution. Bank fraud is usually considered a federal offense because the vast majority of banks are insured by the Federal Deposit Insurance Corporation (FDIC). Some of the most common offenses that are considered bank fraud are as follows:
- Check kiting
- Credit card fraud
- Identity theft
- Money laundering
- Falsifying information
- Fraudulent loan documents
- Check fraud
- Bank wire transfer fraud
- Accounting fraud
It is critical to work with an Urbana bank and wire fraud lawyer who has the necessary experience to investigate your case and ensure your rights were not violated during the federal investigation. If you did not have the intention to commit a crime, it might be possible to get your charges dropped or reduced.
What Is Wire Fraud?
Wire fraud occurs any time a person uses technology to obtain money illegally. Wire fraud can be a type of bank fraud, but there are other types of wire fraud, as well. Wire fraud usually involves transmitting communication across state lines, which is why it is usually charged as a federal offense. Wire fraud is very similar to mail fraud, but instead of using the U.S. Postal Service, a person uses technological means to commit the crime. Some of the most common types of technology used to commit wire fraud include:
- Wire transmissions
- The Internet
- Fax machine
Individuals can commit wire fraud, but often, these offenses are committed by big businesses or criminal organizations. Often, multiple offenses are also laid for the same scheme. For example, if a person used email to send out letters asking people to donate to a fraudulent charity, they could face a single charge for every email they sent. Each charge can carry a long prison sentence, and when those are added together, they could impact a person’s life for years to come.
Call Our Bank and Wire Fraud Lawyer in Urbana for a Free Case Review
Charges of bank and wire fraud should always be taken very seriously. At Patel Law, PC, our Urbana bank and wire fraud lawyer knows how scary it is to face these charges, but also that there are defenses available. To learn more about your legal options, call us now at 217.384.1111 or reach out to us online to schedule a free review of your case with our knowledgeable attorney.