Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
800 Shades Creek Pkwy, Suite 870, Birmingham, AL 35209
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
400 20th Street North, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
500 Office Park Drive, Suite 100, Birmingham, AL 35223
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1500 Urban Center Drive, Suite 450, Birmingham, AL 35242
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
420 20th Street North, Suite 2300, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
2323 Second Avenue North, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
PO Box 2261, Birmingham, AL 35201
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
402 Office Park Dr., Suite 270, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
420 20th Street North, Suite 1100, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1330 21st Way S, Suite 200, Birmingham, AL 35205
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
2700 Highway 280, Suite 110 East, Birmingham, AL 35223
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1819 5th Avenue North, One Federal Place, Birmingham, AL 35203-2119
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1914 4th Avenue North, Suite 100, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1330 21st Way South, Suite 100, Birmingham, AL 35205
Bank Fraud Lawyers | Vestavia Hills Office
2081 Columbiana Rd, Vestavia Hills, AL 35216
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
100 Brookwood Place, 7th Floor, Birmingham, AL 35209
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
505 20th Street North, Suite 800, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
2001 Park Place North, Suite 700, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1901 6th Avenue North, Suite 1700, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
2320 Arlington Ave S, Birmingham, AL 35205
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
420 20th St N, Suite 2200, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
800 Shades Creek Parkway, Suite 400, Birmingham, AL 35209
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
2025 3rd Avenue North, Suite 500, Birmingham, AL 35203
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1901 Sixth Avenue North, Suite 1500, Birmingham, AL 35203-4644
Bank Fraud Lawyers | Birmingham Office | Serving Vestavia Hills, AL
1929 3rd Ave N, Suite 500, Birmingham, AL 35203
Lead Counsel independently verifies Bank Fraud attorneys in Vestavia Hills and checks their standing with Alabama bar associations.
Our Verification Process and CriteriaBank fraud is usually a crime in which the offender knowingly commits, or attempts to commit, a scheme involving theft from either a financial institution or money or property which said financial institution is in the lawful custody of (such as a bank client’s savings account).
There are several different types of bank fraud. Accounting fraud takes place when a business or sole proprietorship attempts to secure a loan from a bank, credit union or other financial institution. While this may be a perfectly legitimate loan on the surface, accounting fraud takes place when the financial representative of the business knowingly lies or misrepresents their ledger to the bank’s loan officer essentially promoting their business as more solvent, profitable or otherwise qualified to take out a loan which they would not have secured had they been honest about their finances. Accounting fraud can also be a form of loan fraud.
Loan fraud takes place either when an individual or business misrepresents their ledger to gain an advantage in a borrowing negotiation, but it can also occur if a criminal, using tactics related to identity theft, presents themselves as another person in order to garner an illegitimate loan.
ATM fraud can occur if a thief uses a skimmer, or another form of technology or technological expertise, to hack or reprogram the machine itself. Once the software or firmware security measures protecting that particular ATM machine are cracked, the criminals help themselves to the cash deposited. ATM fraud can also take place if an individual places an empty envelope (or envelopes) into the machine, claiming an illegitimate deposit. The envelopes being empty, the offender then removes as much money from the false deposit as allowable.
Bank fraud is considered to be a felony at the federal level, and at the state level, whether an incident of alleged bank fraud is categorized as either a felony charge or a misdemeanor charge depends upon the jurisdiction and circumstances.
Most instances of bank fraud become felony offenses, but misdemeanor charges can result. For example, in some states, the crime of forgery falls under the umbrella of bank fraud and can be constituted as a Class A misdemeanor in certain circumstances. Provided that the forged instrument is not a bond, deed, will, debit or credit card, mortgage, contract, release, stock, currency or government-issued, the crime could be considered a Class A misdemeanor.
The maximum penalty in response to a charge of bank fraud at the federal level is 30 years imprisonment, as well as a fine of up to $1 million.
State statutes vary in how they treat crimes related to bank fraud, and each case can be different. To use forgery, for instance, the penalty for the third-degree felony is a fine of no more than $10,000 in addition to a prison sentence of between two to 10 years. A misdemeanor can result in a maximum sentence of one year in jail as well as potential fines of up to $4,000.
That being said, almost all bank fraud cases are prosecuted at the federal level due to the fact that most financial institutions are protected by the Federal Deposit Insurance Corporation (FDIC).
Charges related to bank fraud are generally considered to be serious allegations with severe punishments upon conviction. If you are facing such charges, it would be wise to secure the services of a skilled criminal defense lawyer specializing in white-collar crime cases.
An experienced attorney focusing on fraud cases will be familiar with pre-existing precedent, and attorney-client privilege will allow you to divulge all material evidence and opinions to your legal representative in private.
Do your due diligence by investigating all potential attorneys you’re considering as representation, digging deep into their credentials, courtroom track record and any appearances in media. Speak to your local legal association, legal aid department, and other avenues of relevance in order to build the best profile possible before making your decision.
Embezzlement relates to the deceitful disclosure of assets for illegal conversion of funds. Frequently, embezzlement involves employee theft from a financial institution. Bank fraud is fraudulent activity through a banking institution for the purpose of profiting by the deceit. An example is a bank manager who issues a false letter of credit so that he or she can induce others to lend money or extend credit.
It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you’ve suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.
Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.
Experience. Regardless of the type of legal matter you need help with, an experienced attorney will usually be able to get you better results.
Competence. Determine an attorney’s expertise by asking about their track record for the issue you need help with resolving.
Fit. There are plenty of good attorneys out there; make sure you find one you are comfortable working with.
Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.
Bank fraud and embezzlement are federal crimes and can result in harsh prison terms. Talk to an attorney to learn how you can protect your legal rights and prepare your defense to the charges.