Camden Bank Fraud Lawyer

Camden Bank Fraud Attorney

If you’ve been charged with bank fraud, whether you believe you’re innocent or not, the charges are serious and should not be taken lightly. Bank fraud is a federal crime that can lead to years in prison and substantial fines, plus other serious financial consequences such as forfeiture of assets or even tax consequences. Anyone charged with bank fraud should consult a Camden bank fraud lawyer. The sooner you hire a bank fraud lawyer, the better your chances are of having a more favorable outcome in your case.

Hire a Bank Fraud Lawyer With Deep Experience

Tim Anderson Law is an extremely experienced federal criminal defense law firm. We have represented numerous successful white-collar crime cases, including bank fraud cases. Our general strategy for criminal defense is significant case preparation. This involves investigating and asking questions. We believe cross-examination begins on the day we take a case, and our methods work. There is a reason we are among the most respected criminal defense law firms in New Jersey.

Why You Should Hire a Camden Bank Fraud Lawyer

A Camden bank fraud defense attorney who has a deep understanding of federal bank fraud laws and procedures is essential when facing bank fraud charges. There’s a lot at stake. You need a strong lawyer who can represent you through each stage of your case at the Mitchell H. Cohen United States Courthouse. You also need a lawyer who knows how to investigate and challenge the evidence that has been marshaled against you.

A good bank fraud criminal defense attorney is used to doing the amount of work that is required for these cases. An experienced attorney:

• Analyzes the allegations against the defendant
• Collects, investigates, and questions every piece of evidence the prosecution has against the defendant
• Carries out meticulous case preparation
• Identifies and verifies professional testimonies, personal statements, and eyewitnesses who can contribute to, support, and back up the defense
• Prepares to negotiate with the prosecution if necessary
• Prepares as if the matter will go to trial, to be ready for that possible eventuality and to help with potential negotiations with the prosecution, even though most cases never go that far

Bank Fraud Penalties

The sentencing after a federal bank fraud conviction can be severe. Bank fraud charges can result in a maximum of 30 years in prison, with a maximum fine of up to $1 million. This is, of course, the worst-case scenario. Actual sentencing is determined based on many sentencing factors, including the amount of money involved (“the loss”), any prior criminal record of the defendant, and other factors, such as the means by which the fraud was committed. Some examples of these factors are described below:

• Concealment of the crime by use of some sophisticated method
• Impeding or obstructing justice in official investigations conducted to identify the criminal act or criminal involvement
• Execution of the crime using an unauthorized means of identification, such as stolen social security numbers
• The number of victims affected by the crime
• Misuse of a position of trust to carry out the crime

In 2023, the United States Sentencing Commission reported 4,855 cases that involved theft, property destruction, or fraud. The number of credit card and other types of financial instrument fraud offenses alone was 736. The average sentence for those individuals found guilty of financial instrument or credit card crimes was 27 months in prison, and 91% of them were sentenced to prison.

This is why it’s so important to have a good lawyer to improve the chances that, if convicted, your sentence is less than the average. Ideally, you will want to be in the 9% who don’t get sentenced to prison.

Why Choose Us?

When you choose Tim Anderson Law, you’re showing that you care about your future and the outcome of your case. Testimonials from existing clients describe us as thorough, efficient, and persistent. We believe these are all desirable qualities in a lawyer, and we take pride in the positive feedback we get from our satisfied clients. We extend our top-notch legal services to you as well.

FAQs

How Can I Beat a Bank Fraud Case?

To theoretically beat a bank fraud case in Camden, a strong defense strategy is necessary. If you can challenge any of the three conditions for fraud, you have a better chance of beating the case. The easiest of these conditions to disprove is that the defendant intentionally deprived of wronged the bank. It is recommended that you speak with a bank fraud lawyer to determine the best and most effective defense strategy.

What Are the Three Conditions for Fraud?

According to the U.S. government, the first condition for proving bank fraud is to show that there was a deceptive act through a false statement, an act of omission, or a misrepresentation of information. The second condition is to establish that the defendant intended to deceive the bank and acted willfully and knowingly in their deception. The third condition is to prove that the victim relied on the defendant’s misrepresentation or was directly targeted, and they suffered a loss.

What Is the Difference Between Fraud and Theft?

The difference between fraud and theft is that, in cases of fraud, the criminal deceives the victim in some way to get the victim to part with their property or money. However, in cases of theft, the property or money is just taken by the criminal directly. In both types of criminal activity, some form of property is stolen or taken from another person or institution. The difference is in the way the criminal takes possession of that property.

Connect With a Knowledgeable Camden Bank Fraud Criminal Defense Attorney

At Tim Anderson Law, we understand state and federal laws as they apply to bank fraud, and we also get to know our clients. By listening to what they’re going through, we can craft a defense strategy that aligns with the client’s unique situation. We are prepared, persuasive, and persistent in the defense of our clients. Over the years, we have found this to be an effective approach to defending bank fraud charges. Contact our office to learn how we can help you.