NYC Bank Fraud Attorney
If you have been charged with bank fraud, your first course of action should be to contact a skilled New York City criminal defense attorney who has experience handling these types of matters. At Mark I. Cohen, Esq., we have over three decades of experience defending greater New York City residents, including charges for bank fraud.
Even in situations where you are just being investigated or questioned so far, it’s best to have an experienced New York City bank fraud attorney on your side. Your attorney can ensure you do not make any incriminating statements, which may happen more times than you realize. Working with an attorney right from the start ensures your rights are protected, the police conduct proper search and seizure, and there is no evidence that was illegally obtained.
Common Types of Bank Fraud in New York
We represent clients for a wide variety of different types of bank fraud charges. Some of the more common ones include:
- Credit card fraud
- Check fraud
- Obtaining a fraudulent loan
- Accounting fraud
- Impersonating someone else
If you attempted to pass a counterfeit check, tried to secure a loan under false pretenses, committed petite or grand larceny, credit card or ATM fraud, you could be charged with bank fraud in New York.
It’s not uncommon that bank fraud charges accompany other charges for white-collar crime. White-collar crime can include acts involving insider trading and other investment fraud, mail fraud. Bankruptcy fraud. Securities fraud, bribery, insurance fraud, and more. For example, if you obtained a fake credit card, you may be charged with mail fraud, computer fraud, or ATM fraud.
Because there is such a propensity to have additional charges added in bank fraud cases, it’s even more important that you work with a knowledgeable and experienced New York City bank fraud attorney. In some cases, you may be looking at federal charges, which can carry significantly stronger penalties.
Federal Bank Fraud Charges
The Department of Justice has taken a greater interest in prosecuting bank fraud cases in the federal court system due to the increase in financial crimes. If you are convicted of federal bank fraud under 18 U.S.C. §1344, you could be facing up to a million-dollar fine and 30 years in prison.
There are two important subsections to note: §1344(1) relates to anyone who knowingly defrauds a financial institution, while §1344(2) is more limited in scope and refers to someone who knowingly executes a plan to obtain credit, money, or another asset owned by, or under the control, of any financial institution through the use of false pretenses.
Contact a New York City Criminal Defense Attorney
Defending bank fraud charges is not impossible, but it can be complicated. The same rules of justice apply though — the prosecution has to prove that you intended to commit the act and that it was not negligence or a pure accident. Because many bank fraud cases also involve multiple defendants, there could be conspiracy charges. Building the best defense possible is key in a successful outcome in a bank fraud case. If you are being investigated or have been charged with bank fraud,contact Mark I. Cohen, Esq., today to schedule an initial consultation.