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Bank Fraud

Full Video Transcript

Bank fraud can take many forms. Some cases involve laundering money, usually to hide illegally obtained income. It can also involve identity theft or other unauthorized use of a person’s bank account. Legally speaking, fraud involves an intention to deceive. In the case of bank fraud, the perpetrator may intend to deceive the bank itself or a bank customer. International bank fraud can be attempted by way of email scams asking people to engage in illicit wire transfers. Regardless of the form of bank fraud, it can result in serious criminal action and heavy fines, and the FBI can get involved in serious cases of bank fraud or money laundering. For more information, contact an attorney in your area today.

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