Bank fraud is a federal offense that can lead to incredibly severe penalties, including:
- High Fines
- Incarceration in a Federal Prison
Individuals charged with bank fraud in the Long Beach area can be overwhelmed by these charges if they attempt to fight them on their own. You can improve your odds of beating a bank fraud charge by contacting the Simmrin Law Group. Let our bank fraud lawyers in Long Beach focus on defending you today.
The Legal Definition of Bank Fraud
Individuals can be charged with bank fraud under 18. U.S. Code Section 1344. This legal code allows the federal court system to prosecute any individual who intends to defraud a financial institution. You may also be charged with bank fraud for using false promises or pretenses to obtain money from a financial institution.
Note that you may be charged with bank fraud even if you do not carry out a success fraudulent action. The court can consider individuals guilty of bank fraud just for intending to defraud a financial institution.
You can get help handling any charge of bank fraud by contacting a professional criminal defense lawyer in Long Beach right away.
Examples of Bank Fraud in Long Beach
Bank fraud does not usually involve storming into a financial institution and demanding money. In fact, individuals can be charged with bank fraud even if they never enter a bank. Examples of acts that can be charged as bank fraud include:
Loan fraud occurs when someone lies to secure approval for a loan that they would not otherwise be able to get.
Forgery or Counterfeiting
Individuals could be charged with bank fraud if they forge checks. Counterfeiting documents used by a bank could also be considered bank fraud.
Falsifying Information or Documents
You could be charged with bank fraud for providing a bank with false information, or for falsifying any bank document.
The federal government prosecutes any act that falls under the umbrella of bank fraud. Federal prosecutors are often highly trained and experienced in getting convictions. A federal crimes lawyer in Long Beach may be able to help you deal with these serious charges.
Bank Fraud Penalties in Long Beach
Bank fraud convictions come with incredibly harsh penalties. Many people are unaware of the severity of penalties for a federal crime. You might face the following consequences if you are convicted of bank fraud:
- Fines: Up to $1 Million
- Prison Time: Up to 30 Years
A bank fraud charge can also remain on your record, even after all fines are paid and all prison time is served. Many people discover that they cannot get credit or even a job after a conviction for bank fraud. The Simmrin Law Group understands how important it is to fight any bank fraud charge. Let us start going over your case today to protect your future.
Possible Defenses to Bank Fraud Charges
You do not have to just give up and accept a conviction if you are charged with bank fraud. A bank fraud lawyer may be able to build your defense by arguing:
You Did Not Intent to Commit Bank Fraud
Individuals who acted without meaning to hurt or lie to anyone should not face charges for bank fraud. Sometimes, individuals make mistakes without ever intending to commit a crime.
You Never Committed a Fraudulent Act
In some cases, you could be accused of fraud for carrying out a lawful banking transaction. There are many complex regulations in the banking community that can confuse this issue.
You will have the best chance of building a solid defense if you get professional legal help on your side immediately.
Let a Long Beach Bank Fraud Lawyer Build Your Defense
Individuals who try to beat bank fraud charges alone often end up facing years in a federal prison and incredibly high fines. Let the Simmrin Law Group focus on building your defense today. Our team of bank fraud lawyers in Long Beach can offer you a FREE case evaluation today so you can learn more about your legal options.
Call us at (310) 997-4688 or complete our online contact form to get professional legal help.