Criminal Defense Lawyers

How to Handle a Criminal Case Involving Financial Crimes in New York

How to Handle a Criminal Case Involving Financial Crimes in New York

Financial crimes can have devastating consequences for individuals and businesses in New York. If you or your company is facing allegations of financial fraud, embezzlement, money laundering, or other white collar offenses, it’s critical to take immediate action to protect your rights and build a strong defense. At Spodek Law Group, we have extensive experience handling complex financial crime cases throughout New York. Our skilled attorneys can guide you through every step of the process and fight aggressively to achieve the best possible outcome.

Understanding Financial Crimes in New York

Financial crimes encompass a wide range of illegal activities involving fraud, deception, or abuse of financial systems for personal gain. Some of the most common types of financial crimes we see in New York include:

• Securities fraud
• Embezzlement
• Money laundering
• Tax evasion
• Bank fraud
• Wire fraud
• Insurance fraud
• Credit card fraud
• Identity theft

These offenses can be prosecuted at both the state and federal level, depending on the nature and scope of the alleged criminal activity. Financial crimes often involve complex paper trails, electronic records, and intricate financial transactions. Building an effective defense requires in-depth knowledge of financial regulations as well as criminal law.At Spodek Law Group, we have the expertise to handle even the most complicated financial crime cases. Our attorneys stay up-to-date on the latest laws and regulations governing the financial industry in New York. We know how to analyze complex financial data and transactions to identify weaknesses in the prosecution’s case.

Key Steps to Take When Facing Financial Crime Charges

If you’re under investigation or have been charged with a financial crime in New York, taking the right steps early on is crucial. Here are some of the key actions we recommend:

1. Contact an experienced financial crimes attorney immediately. The sooner you have skilled legal representation, the better positioned you’ll be to protect your rights and build a strong defense. At Spodek Law Group, we’re available 24/7 to take your call and start working on your case right away.
2. Do not speak to investigators without your attorney present. Anything you say can be used against you, even if you’re innocent. Let your lawyer handle all communication with law enforcement and prosecutors.
3. Preserve all relevant documents and records. Do not destroy or alter any financial records, emails, or other documents related to the alleged offense. This could be seen as obstruction of justice.
4. Conduct an internal investigation if applicable. For businesses facing allegations, a thorough internal review can help identify any compliance issues and demonstrate good faith efforts to address problems.
5. Consider negotiating with prosecutors. In some cases, it may be possible to resolve charges through a plea agreement or deferred prosecution agreement. We can advise you on whether this is a good option in your case.
6. Prepare for the possibility of asset seizure. Financial crime investigations often involve freezing of assets. We can help you take steps to protect your finances and property.
7. Develop a comprehensive defense strategy. We’ll carefully analyze all evidence and craft a tailored defense approach based on the specific facts of your case.

By taking these proactive steps with the guidance of our experienced attorneys, you’ll be in the strongest possible position to fight the charges and protect your future.

Our Approach to Defending Financial Crime Cases

At Spodek Law Group, we take an aggressive and strategic approach to defending clients against financial crime allegations. Some key elements of our defense strategy include:

• Thorough investigation: We leave no stone unturned in examining all evidence and identifying any weaknesses in the prosecution’s case. Our team includes former prosecutors and investigators who know how to spot flaws in financial crime investigations.
• Challenge evidence: We scrutinize how evidence was obtained and file motions to suppress any illegally seized evidence. We also work with forensic accountants and other experts to challenge the prosecution’s interpretation of financial data.
• Negotiate with prosecutors: In many cases, we’re able to convince prosecutors to reduce or dismiss charges based on problems with their evidence. We have strong relationships with prosecutors’ offices throughout New York.
• Prepare for trial: While we aim to resolve cases favorably before trial when possible, we’re always ready to fight charges aggressively in court if needed. Our attorneys have extensive trial experience in complex financial crime cases.
• Mitigate consequences: Even if conviction can’t be avoided, we work hard to minimize penalties and collateral consequences like asset forfeiture. We advocate for alternatives to incarceration when appropriate.

Our goal is always to achieve the best possible outcome for our clients, whether that means getting charges dropped, negotiating a favorable plea deal, or fighting for acquittal at trial. We tailor our strategy to the unique circumstances of each case.

Christine Twomey

2024-03-21

Just had my Divorce case settled 2 months ago after having a horrible experience with another firm. I couldn’t be happier with Claire Banks and Elizabeth Garvey with their outstanding professionalism in doing so with Spodek Law Group. Any time I needed questions answered they were always prompt in doing so with all my uncertainties after 30 yrs of marriage.I feel from the bottom of my heart you will NOT be disappointed with either one. Thanks a million.

Brendan huisman

2024-03-18

Alex Zhik contacted me almost immediately when I reached out to Spodek for a consultation and was able to effectively communicate the path forward/consequences of my legal issue. I immediately agreed to hire Alex for his services and did not regret my choice. He was able to cover my case in court (with 1 day notice) and not only was he able to push my case down, he carefully negotiated a dismissal of the charge altogether. I highly recommend Spodek, and more specifically, Alex Zhik for all of your legal issues. Thanks guys!

Guerline Menard

2024-03-18

Thanks again Spodek law firm, particularly Esq Claire Banks who stood right there with us up to the finish line. Attached photos taken right outside of the court building and the smile on our faces represented victory, a breath of fresh air and satisfaction. We are very happy that this is over and we can move on with our lives. Thanks Spodek law 🙏🏼🙏🏼🙏🏼🙏🏼🙌🏼❤️

Keisha Parris

2024-03-15

Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.

Taïko Beauty

2024-03-15

I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence. Thank you team!

Anthony Williams

2024-03-12

Hey, how you guys doing? Good afternoon my name is Anthony Williams I just want to give a great shout out to the team of. Spodek law group. It is such a honor to use them and to use their assistance through this whole case from start to finish. They did everything that they said they was gonna do and if it ever comes down to it, if I ever have to use them again, hands-down they will be the first law office at the top of my list, thank you guys so much. It was a pleasure having you guys by my side so if you guys ever need them, do not hesitate to pick up the phone and give them a call.

Loveth Okpedo

2024-03-12

Very professional, very transparent, over all a great experience

Bee L

2024-02-28

Amazing experience with Spodek! Very professional lawyers who take your case seriously. They treated me with respect, were always available, and answered any and all questions. They were able to help me very successfully and removed a huge stress. Highly recommend.

divesh patel

2024-02-24

I can't recommend Alex Zhik and Spodek Law Firm highly enough for their exceptional legal representation and personal mentorship. From the moment I engaged their services in October 2022, Alex took the time to understand my case thoroughly and provided guidance every step of the way. Alex's dedication to my case went above and beyond my expectations. His expertise, attention to detail, and commitment to achieving the best possible outcome were evident throughout the entire process. He took the time to mentor me, ensuring I understood the legal complexities involved to make informed decisions. Alex is the kind of guy you would want to have a beer with and has made a meaningful impact on me. I also want to acknowledge Todd Spodek, the leader of the firm, who played a crucial role in my case. His leadership and support bolstered the efforts of Alex, and his involvement highlighted the firm's commitment to excellence. Thanks to Alex Zhik and Todd Spodek, I achieved the outcome I desired, and I am incredibly grateful for their professionalism, expertise, and genuine care. If you're in need of legal representation, look no further than this outstanding team.

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Google rating score: 4.9 of 5, based on 736 reviews

Common Defenses in Financial Crime Cases

There are a number of potential defenses that may be applicable in financial crime cases, depending on the specific allegations and evidence. Some defenses we commonly employ include:

• Lack of intent: Many financial crimes require proof of intentional fraud or deception. We may be able to show that any irregularities were due to honest mistakes rather than criminal intent.
• Insufficient evidence: The prosecution must prove guilt beyond a reasonable doubt. We challenge the reliability and completeness of their evidence.
• Violation of rights: If law enforcement violated your constitutional rights during the investigation, we may be able to get evidence thrown out.
• Entrapment: In some cases, we can show that law enforcement improperly induced or coerced the alleged criminal activity.
• Good faith defense: For some financial crimes, acting in good faith reliance on professional advice can be a valid defense.
• Statute of limitations: Many financial crimes have a statute of limitations. We examine whether charges were filed within the applicable time limit.

Our attorneys carefully analyze the facts of each case to identify the strongest available defenses. We leave no stone unturned in building the most compelling case for our clients.

Potential Penalties for Financial Crimes in New York

The penalties for financial crimes in New York can be severe, often including hefty fines and significant prison time. Some examples of potential sentences include:

In addition to prison time, convictions often come with large fines, asset forfeiture, and restitution requirements. There can also be serious collateral consequences like loss of professional licenses, damage to reputation, and difficulty finding future employment.Given the high stakes involved, it’s critical to have an experienced financial crimes attorney fighting for you. At Spodek Law Group, we have a proven track record of helping clients avoid or minimize these harsh penalties.

Why Choose Spodek Law Group for Your Financial Crime Defense

When you’re facing serious financial crime charges in New York, you need a law firm with the experience, resources, and dedication to achieve the best possible outcome. Here’s why Spodek Law Group should be your choice:

• Extensive experience: We’ve successfully defended clients against a wide range of financial crime charges at both the state and federal level. Our attorneys include former prosecutors who understand how the other side builds these cases.
• In-depth knowledge: We stay up-to-date on the latest developments in financial regulations and white collar criminal law. We know how to navigate even the most complex financial crime cases.
• Aggressive advocacy: We fight tirelessly for our clients at every stage of the process, from initial investigation through trial if necessary. We never back down when our clients’ futures are at stake.
• Personalized attention: Unlike big corporate firms, we give each case the individual focus it deserves. You’ll work directly with our experienced attorneys, not be passed off to junior associates.
• Strong track record: We have a history of achieving favorable outcomes for our clients, including case dismissals, charge reductions, and acquittals at trial.
• 24/7 availability: We know that legal emergencies don’t just happen during business hours. That’s why we’re available around the clock to take your call and start working on your case immediately.

When you choose Spodek Law Group, you’re not just getting a lawyer – you’re getting a dedicated team of legal professionals committed to protecting your rights and your future.

Contact Us for a Free Consultation

If you’re facing financial crime charges in New York, don’t wait to get the skilled legal representation you need. Contact Spodek Law Group today at 212-300-5196 for a free, confidential consultation about your case. Our experienced financial crimes attorneys are standing by 24/7 to take your call and start building your defense.Remember, the actions you take early on can have a major impact on the outcome of your case. Don’t try to handle this alone – let our knowledgeable team guide you through the process and fight for the best possible result. With Spodek Law Group on your side, you’ll have a powerful advocate working tirelessly to protect your rights and your future.Don’t let financial crime charges derail your life – call Spodek Law Group now at 212-300-5196 for the aggressive defense you deserve!