Bank fraud involves any activities undertaken in an attempt to defraud a bank of its funds. Being investigated for, or charged with, bank fraud is an incredibly serious matter that threatens tremendously severe penalties. It is a federal crime punishable by fines of up to $1,000,000 and up to 30 years in prison. A federal criminal defense lawyer in Los Angeles can assist in navigating the legalities of such a crime.
Instances of bank fraud can typically be quite intricate. Very often, the activities involved in instances of bank fraud involve methods and actions that amount to additional criminal charges. These may include mail fraud, loan fraud, or wire fraud in Los Angeles. Additionally, actions such as falsifying financial documents or checks can also land you facing a criminal charge of forgery. A Los Angeles forgery attorney should be contacted in such a case.
With such serious charges involved, it is vital that you retain exceptional representation from a Los Angeles bank fraud attorney at Martinian Lawyers. Reach out today for a free consultation.
Understanding 18 USC § 1344: Bank Fraud and its Defined Actions
As defined by the law, bank fraud specifically refers to one of two very specific actions:
- Defrauding a financial institution
- Using false and/or fraudulent pretenses such as misrepresentations or promises in order to obtain the money belonging to a financial institution. Included in these activities are any actions taken to obtain bank credits, bank funds, bank assets, and other forms of bank property.
In some cases, bank fraud is constituted by the actions of an individual to obtain money from a depositor(s) through fraudulent representation, i.e. acting as a bank or financial institution. The handling of bank fraud cases requires great familiarity with such matters. Our many years of experience and accumulated knowledge will be used to serve you with intense commitment.
Contacting a Los Angeles Bank Fraud Lawyer for Representation
We understand that facing any kind of criminal charge is a frightening experience, let alone one as significant as bank fraud. With a Los Angeles bank fraud attorney from our firm representing your case, you can rest assured that we will guide you through the process with care and fight relentlessly to protect your freedom.
Contact us today for a free consultation.
