Tim Anderson Law Home Who We Are Practice Areas Our Blog Consultation Search … Your NJ Federal Criminal Defense Lawyer Explains Bank Fraud and Why It Is Critical to Have a Proper Defense

The federal crime of bank fraud covers a broad range of activities. As your NJ federal criminal defense lawyer explains, to be convicted of bank fraud, you typically must have:

• Attempted to carry out a scheme to obtain money or property from a financial institution chartered or insured by the federal government; or

• Concealed information or made statements or promises you knew were false when you made them.

Your NJ federal criminal defense lawyer notes that you can be convicted of bank fraud even if the scheme was not successful, and the bank did not suffer an actual loss. In addition, you may be prosecuted even if the conduct was outside of the United States.

Defenses

Your NJ federal criminal defense lawyer can describe the defenses available. A few of the common defenses seek to show that:

• You made the false statements in good faith and believed them to be true when you made them; or

• The property involved was not under the custody or control of the financial institution.