Frequently, individuals who are prosecuted for white collar crimes may not be aware they were involved in an illegal operation, or they were not the person responsible for organizing the crime ring or enterprise.  According to federal statutes: whoever knowingly executes, or attempts to execute, a scheme or artifice to defraud a financial institution; or to obtain any of the moneys, funds, credits, assets, securities, or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises; shall be fined or imprisoned, or both.

Before a person can be convicted of federal bank fraud charges, the Unites States District Attorney (the prosecution), must prove the following four things beyond a reasonable doubt:

  • The accused individual executed or attempted to execute a scheme to defraud a financial institution or to obtain money, assets, or property from a financial institution by means of false or fraudulent pretenses, representations, or promises relating to a material fact;
  • The accused did so willfully with an intent to defraud;
  • The false or fraudulent pretenses, representations, or promises were material; and
  • The financial institution was federally insured or chartered.

The federal court system can be very complicated and cause a great amount of stress in one’s life without the right federal attorney on your side to guide you and defend you during the process. It is vital to hire a federal defense attorney with the experience and knowledge of the complex laws involved in federal bank fraud cases. Penalties could include fines and even federal prison sentences. Our federal attorneys have the experience and success in fighting federal bank fraud charges and will give you the best possible representation in order to help you prove your innocence. For those who have committed the crime of bank fraud, there are many options for you as well. Just because you are guilty of a federal crime does not mean you need to go to federal prison.

The Bottom Line:  If you are facing charges of federal bank fraud, do not waste any time getting in touch with a Cincinnati white collar crime lawyer.  I can help.  I will do my best to put together the proper arguments with hopes of minimizing a sentence.  There are even times that the case will come to a resolution before ever seeing a court room.  Call me: 513-260-2099