FEDERAL FINANCIAL CRIMES
A financial crime typically involves the theft of large sums of money or property. These crimes exploit the systems that manage or administer funds or property. These are non-violent offenses committed by individuals or corporations. These crimes often result in a financial loss to another individual or corporation. These are severe offenses, so the consequences of committing federal financial crimes can include incarceration. If you have charges against you for a purported federal financial crime, reach out to an attorney. An experienced, committed, and determined federal defense attorney can fight for a positive outcome for you.
Federal Financial Crimes
Federal crimes can be grouped into several categories. That is because there are specific ways a federal court can be involved when a case is brought before it. Federal crimes charges are commonly alleged in matters such as tax fraud, real estate, embezzlement, money laundering offenses, and more.
Wire fraud is a kind of financial fraud accomplished by using telecommunications or information technology. Information is transmitted electronically over a wire via a financial transaction, computer, telephone, or telegraph signal.
Real Estate Fraud
Real estate fraud may be committed electronically, as well. Allegedly fraudulent electronic communications sent from one state to another may result in the case being heard in federal court. For instance, real estate fraud might involve closing documents containing material omissions or misstatements intended to defraud someone may be faxed from one state to another.
Mail fraud is a strategy that intends to deprive an individual of their money, property, or services by using the U.S. Postal Service or an interstate mail carrier to bring about the crime.For instance, if someone writes bad checks and then mails them from one state to another, it is considered mail fraud.
Investigating Financial Crimes
- The Inspector General’s Office
- The FBI
- The U.S. Postal Service
- The IRS (in cases of tax violation)
Intensity of Investigation
The intensity of any investigation can vary depending on the agency performing the investigation. Most agencies follow up appropriately when there is an investigation. On the federal government side, investigators typically commit much personnel to conduct the investigation. With an intense federal investigation for financial crimes, you must monitor the investigation process and avoid self-incrimination. A federal criminal defense attorney can help with this.