Bank fraud is a crime that has been around for a long time, as it involves the act of trying to defraud a bank out of money or property by omitting or stating false details. If it is found that an individual has stated false information, the consequences are very serious.
Because bank fraud can be charged and prosecuted at the state and federal levels, it is imperative to receive legal assistance as soon as possible. At Myles A. Schneider & Associates, you will work with an attorney who knows both state and federal law so you can defend yourself against all of the charges.
Bank Fraud Cases
There are a number of different crimes that constitute bank fraud. For instance, lying on a loan application in order to get a personal loan, home loan, car loan, or another type of line of credit is considered defrauding the bank. Some of the violations that may occur also include:
- Omitting information on a loan application
- Misstating the dollar amount of assets
- Placing false information on an application
- A loan officer or other bank employee altering information in order to secure the loan
- Paying off a loan officer or bank employee to approve a loan
If you are investigated or charged with bank fraud, it is important to contact your Glendale bank fraud lawyer as soon as possible so work on your defense can begin immediately. The sooner work begins on your case, the stronger your defense. There are a lot of documents that have to be read and investigated to see what really happened. By doing this, it is very possible to receive a much better outcome in the case than the maximum penalties. This means reduced prison sentences and less of a financial impact if convicted. There are times when individuals accused of bank fraud are not convicted at all. This is because they had a competent, knowledgeable, and dedicated federal defense attorney working by their side.
Representing Clients In The Financial Industry
There have been some rather high profile cases throughout the United States, such as schemes happening within banks or individuals defrauding a large number of banks in real estate fraud schemes. Unfortunately, there are times when individuals working within the banks are responsible for the schemes.
When an individual is convicted of bank fraud, the penalties are very serious. These penalties are based on how much money is involved, the number of people victimized, and the exact act that took place. With a comprehensive defense by a Glendale bank fraud attorney, the outcome can be a much better one.
Contact A Glendale Bank Fraud Lawyer
Bank fraud is a very serious federal offense and it will be aggressively prosecuted at the federal level. Because bank fraud is a significant issue that causes monetary loss to its victims, the prosecutor will push for the maximum sentence and that is why you need an even more aggressive defense attorney working by your side. To learn more about how Myles A. Schneider & Associates, LTD can help you, call 602-926-7373 to schedule a free consultation.