Wire Fraud Criminal Defense Attorney In Los Angeles
Wire Fraud Is a Federal Offense
Wire Fraud is considered a serious crime under federal law. There are 2 major factors that determine if a crime is wire fraud:
- One willfully devised or intended to devise a scheme or means to defraud another person of money or property with the intent to defraud.
- They must do it through the use of interstate wire facilities, such as telephone, television, email or the internet.
The penalties for wire fraud are stiff fines or imprisonment for up to 20 years, or both. However, if the violation affects a financial institution like a bank the fine can go as high as $1,000,000 or imprisonment up to 30 years, or both.
If you are being investigated for or have been arrested for wire fraud it is crucial to your defense that you contact a Los Angeles criminal defense attorney that is qualified to handle and investigate this type of crime ion your behalf. These types of crimes are generally investigated over a period of time by law enforcement as they build their case. Telephone activity, financial records of various types, and email or internet traffic is liable to be examined. In some cases investigators and prosecutors may reach out to suspects in the hopes of further incriminating them, obtaining further evidence, widening their investigation or acquiring a plea bargain.
It is vital that anyone arrested for or under investigation for wire fraud consult with a criminal defense lawyer at Cron, Israels & Stark. Our firm will inform you of your rights and act as your legal advocate during the investigation.
Related Federal Wire Fraud Stories in the News:
U.S. Department of Justice - "Six Charged with Wire Fraud on Mortage Fraud Scheme in San Diego"
A 10-count federal indictment charged six people with conspiracy to commit wire fraud and wire fraud by submitting false and fraudulent mortage loan applications devised to defraud mortage lenders.
U.S. Department of Justice - "Long Beach Man Sentenced to Federal Prison for Ponzi Scheme"
A Long Beach, California man who collected $33 million from investors with false claims of large profits from real estate investments was sentenced to 78 months in federal prison for running the Ponzi scheme. He pled to one count of wire fraud arising from a nearly half-milliondollar investment made by a couple who were promised a 20 percent annual return.
Los Angeles Certified Criminal Specialist Lawyers
Only 358 attorneys throughout the state carry the title of Certified Criminal Specialist. At Cron, Israels & Stark, two of our partners carry this title. You need someone you can trust who has the background and experience to skillfully assist you regarding a wire fraud investigation. In some cases we've been able to pre-empt an investigation by vigorously defending our clients' rights and steering investigators in another direction. Let our firm help you through this complex situation by contacting our office today.
If you are being investigated for wire fraud
contact Cron, Israels & Stark
and get an experienced and resourceful criminal defense attorney on your side.