Top Caro, MI Bank Fraud Lawyers Near You
Charged With A Federal Crime? Call A Team Of Federal Criminal Lawyers With A Powerful Court Presence And Decades Of Experience. Who Are Fiercely Passionate About Winning Your Case
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472 Starkweather Street, Plymouth, MI 48170
Assisting people in Caro with their Michigan Bank Fraud issues.
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2000 Town Center, Suite 2350, Southfield, MI 48075
For those working through a Bank Fraud issue in the Caro, Michigan area, Lewis & Dickstein, P.L.L.C. can be your partner in law.
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3150 Livernois, Suite 115, Troy, MI 48083
When you need legal representation for your Bank Fraud, connect with Law Office of John Freeman, PLLC in Caro, Michigan.
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28411 Northwestern Highway, Suite 1150, Southfield, MI 48034
Other Nearby Offices
Spitz, The Employee's Law Firm has experience helping clients with their Bank Fraud needs in Caro, Michigan.
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17197 N. Laurel Park Drive, Suite 201, Livonia, MI 48152
1441 West Long Lake Road, Suite 310, Troy, MI 48098
345 E Cady St, 3rd Fl., Northville, MI 48167
44 1st St, Mount Clemens, MI 48043
6050 Greenfield Road, Suite 201, Dearborn, MI 48126
28175 Haggerty Rd, 110, Novi, MI 48377
39400 Woodward Avenue, Suite 101, Bloomfield Hills, MI 48304-5151
2600 W. Big Beaver Rd., Suite 300, Troy, MI 48084-3312
200 Renaissance Center, Suite 3110, Detroit, MI 48243-1301
27777 Franklin Road, Suite 2500, Southfield, MI 48034
31350 Telegraph Rd., Suite 201, Bingham Farms, MI 48025-4366
801 West Big Beaver Rd, Troy, MI 48084
29199 Ryan Road, Warren, MI 48092
500 Griswold Street, Suite 2450, Detroit, MI 48226
17430 North Laurel Park Drive, Suite 120E, Livonia, MI 48152
5182 Cutty Ln, Warren, MI 48092
480 Pierce St, Suite 300, Birmingham, MI 48009
12900 Hall Rd, Suite 200, Sterling Heights, MI 48313
30300 Northwestern Hwy, Suite 111, Farmington Hills, MI 48334
44444 Mound RoadSuite 100, Sterling Heights, MI 48314
101 W Big Beaver Rd, Suite 1100, Troy, MI 48084
Caro Bank Fraud Information
Lead Counsel independently verifies Bank Fraud attorneys in Caro and checks their standing with Michigan bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
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Pledge to follow the highest quality client service and ethical standards.
What Is Bank Fraud?
Bank 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).
What Are Some Different Types of Bank Fraud?
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.
Is Bank Fraud a Felony or a Misdemeanor?
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.
What Is the Punishment for Bank Fraud?
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).
How to Choose a Bank Fraud Lawyer
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.
Have You Been Charged With Embezzling or Defrauding a Bank?
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.
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.