Defense Against Fraud Charges
Fraud is intentionally lying in order to induce someone to believe the lie and part with something of value. The three types of fraud charges are mail fraud, wire fraud and bank fraud. However, fraud is frequently broken down informally into other categories such as:
- Credit card fraud or check fraud
- Internet fraud and computer hacking
- Tax fraud
- Identity fraud or identity theft
- Accounting fraud
- Insurance fraud
- Bankruptcy fraud
With more than 30 years of experience, The Law Firm of Frank Stanley, PC, provides criminal defense representation to individuals, professionals and businesses charged with all types of fraud. The firm has handled these complex felony cases in Michigan and nationwide.
Three Types of Fraud Charges
The federal government has three general anti-fraud statutes: Mail, bank and wire fraud.
Mail fraud is the most commonly charged of the types of fraud. It has two elements. The first is a scheme devised to defraud by fraudulent means. The second is using the mail in furtherance of that scheme. The scheme to defraud element is extremely broad. It can cover a wide range of frauds, which is why it is so common.
Wire fraud requires an interstate or foreign transmittal of a communication by wire, radio or television. The federal bank fraud statute criminalizes the conduct of any party who knowingly executes, or attempts to execute, a scheme to defraud a financial institution, by means of false or fraudulent pretenses, representations or promises.
In one of many successes in fraud and related cases, the firm defended a bank officer accused of laundering more than $1,000,000 in stolen HUD money. A conviction would have resulted in a minimum sentence of 15 years. After two weeks of trial, the firm filed a motion to dismiss on the grounds that there was insufficient evidence to send the case to the jury. The federal judge agreed. Learn more about this and other successes.