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Boston Federal Lawyers for Bank Fraud and Embezzlement Cases
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Boston Federal Lawyers for Bank Fraud and Embezzlement Cases
If you or someone you know has been charged with bank fraud or embezzlement in Boston, you need an experienced federal defense lawyer on your side. These white collar crimes carry serious penalties like prison time, fines, and restitution. Let’s break down what constitutes bank fraud and embezzlement, what the penalties are, and how a knowledgeable lawyer can defend you.
What is Bank Fraud?
Bank fraud involves engaging in a “scheme or artifice to defraud” a bank or other financial institution, or to obtain money or property from a bank through false statements or fraudulent pretenses[3]. Common bank fraud schemes include:
- Check forgery
- Using counterfeit documents
- Making false statements on loan applications
- Identity theft
- Embezzlement
- Check kiting
- Mortgage fraud
There’s two ways to violate the federal bank fraud statute[3]:
- Engaging in a broad “scheme to defraud” the bank through a pattern of deception.
- Making specific false statements or misrepresentations to obtain money or property.
Prosecutors don’t need to prove the bank suffered an actual financial loss, only that they were put at risk[3]. The penalties for bank fraud are up to 30 years in prison, $1 million in fines, or both.
What is Embezzlement?
Embezzlement involves an employee or insider stealing money or property from their employer. It often involves financial industry workers taking funds from banks, credit unions, or investment companies. But it can also apply to employees stealing from any organization[5].
Common embezzlement schemes include:
- Skimming money from accounts
- Forging checks
- Making unauthorized electronic transfers
- Stealing physical assets
- Falsifying expense reports
Penalties depend on the amount stolen but can include years in prison, fines, and mandatory restitution to repay the stolen funds.
How Can a Lawyer Defend You?
An experienced federal defense lawyer can protect your rights and build the strongest possible case for dismissal or acquittal. Here’s some of the ways we defend bank fraud and embezzlement charges:
- Challenge the evidence and raise doubt about intent to defraud.
- Argue you did not personally benefit and lacked criminal intent.
- Claim prosecutorial misconduct if errors were made.
- Negotiate a plea deal for reduced charges or sentencing.
- File motions to suppress evidence improperly obtained.
An aggressive lawyer will thoroughly investigate the allegations, identify weaknesses, and construct the best defense strategy for your specific situation.
Why Hire Us?
The lawyers at our firm have decades of experience defending complex white collar cases in Boston federal courts. Here’s some key reasons to choose us:
- Proven track record getting charges reduced or dismissed.
- We know how to exploit flaws in the prosecution’s case.
- Our lawyers have great relationships with prosecutors and judges.
- We will relentlessly defend your innocence and reputation.
- We are highly respected within the Boston legal community.
Put our skills and experience to work protecting your freedom and future. Call today for a free case review.