Federal Fraud Crimes Defense Lawyers

Fraud crimes are a serious issue. They involve clever plans to illegally gain money or similar benefits through dishonest means, such as lying, hiding important facts, or misleading actions. Both the federal government and states have laws against these types of crimes, highlighting their seriousness. They demand evidence of a planned deceit or trickery aimed to commit the fraud.

Understanding Fraud vs. Theft

• Theft vs. Fraud: Theft is about directly taking something valuable through stealing or force. On the other hand, fraud is about tricking someone to get something valuable. It’s more about the brain than brawn.
• Category of Crime: Fraud falls under the umbrella of white-collar crime, which refers to financially motivated, non-violent offenses usually committed by business and government professionals.

Seeking Legal Help in Ohio for Federal Fraud Charges

Facing fraud charges can be daunting, with significant consequences at stake. A guilty verdict can bring harsh penalties and put your freedom on the line. That’s why it’s critical to have an experienced Youngstown criminal lawyer from Youngstown fighting for your rights.

Why Choose Youngstown Criminal Law Group?

• Expertise: Our team of Youngstown OVI lawyers specializes in defending clients against federal fraud allegations.
• Advocacy: We are committed to advocating fiercely for our clients’ rights.

How to Reach Us

If you’re facing accusations of federal fraud, it’s time to act quickly. Contact Youngstown Criminal Law Group for a staunch defense:

• Free Consultation: Start with a no-cost discussion about your case.
• Our Phone Number: (330) 992-3036, call us to see how we can assist you.
• Serving Area: Our services are aimed at residents of Youngstown and encompass the neighboring counties to provide legal support where it’s most needed.

Protecting your rights is our top priority. Don’t face legal challenges alone; reach out to Youngstown OVI lawyer  for expert assistance and representation.

Understanding Federal Fraud Law

Fraud is a serious crime in the United States, covered under various statutes. These laws aim to protect individuals and organizations from deceitful practices across different sectors, including healthcare, securities, and taxes. Each category of fraud has specific legal definitions, penalties, and defenses.

Health Care Fraud (18 U.S.C. § 1347)

What Constitutes Health Care Fraud?

• Executing or attempting to execute a plan to deceive any health care benefit program.
• Seeking to unfairly obtain money or property from a health care benefit program through deceit.

Consequences:

• Individuals involved are at risk of facing substantial fines and up to ten years in prison.
• If the fraudulent actions cause serious injury, imprisonment can extend to twenty years; death incurs life imprisonment.

Securities Fraud (18 U.S.C. § 1348)

Definition and Acts of Securities Fraud:

• Committing or attempting fraud connected to commodities, registered securities, or any security of an issuer.
• The misuse of false pretenses to acquire money or property.

Penalties:

• Offenders may face penalties up to $250,000 for individuals ($500,000 for organizations) and/or twenty-five years of imprisonment.

Examples Include:

• Ponzi schemes, pyramid schemes, embezzlement, and foreign currency fraud.

Tax Fraud (26 U.S.C. § 7201)

Illegal Activities:

• Willfully attempting to evade or defeat paying taxes.

Penalties:

• A fine of up to $100,000 for individuals ($500,000 for corporations), a maximum of five years in prison, or both, plus the costs of prosecution.

Statute of Limitations

• Federal fraud crimes have a five-year statute of limitations, with specific exceptions extending this period.

Defense Strategies

Some common defenses include:

• Claiming good faith or lack of intent or knowledge.
• Arguing entrapment or that the representations were not fraudulent.
• Mistaken identity.

Additional Resources

• Federal Trade Commission (FTC) Fraud Reporting Tool: Utilizes consumer reports for investigations and legal actions against fraud.
• Department of Justice (DOJ) Fraud Section: Offers extensive information on various types of fraud.

Need Legal Assistance?

Youngstown Criminal Law Group

Facing federal fraud charges can be daunting. Our Youngstown criminal lawyer, specifically works with individuals accused of federal and state fraud offenses, providing expert legal support aimed at protecting your rights and freedom.

Contact Us: For a consultation, dial (330) 992-3036. Serving Youngstown and the surrounding areas, we’re here to help guide you through these challenging times.