Defending Against Bank Fraud Charges

 Posted on February 19, 2024 in Criminal Defense

When businesses or individuals face accusations of bank fraud, the legal stakes are high. Federal prosecutors aggressively pursue financial crimes under statutes carrying potentially lengthy prison sentences. If you find yourself being investigated for bank fraud, understanding the common charges can help prepare an informed defense. A Texas criminal defense attorney is someone who you can benefit from having on your side.

Check Kiting Schemes

The practice of check kiting relies on exploiting the float time between deposits across different banks. By rapidly shifting funds between accounts, perpetrators falsely inflate balances and withdraw cash before checks bounce.

If federal investigators believe you utilized this technique, you may face indictments for bank fraud itself, money laundering, theft, or false statements. An experienced legal team can carefully examine the supposed paper trail for procedural flaws or investigative missteps. For example, they may find that certain deposits were delayed by processing errors rather than intentional deception.

Fake Checks and Accounts

Allegations of fake checks or falsified accounts also trigger serious criminal liability. Prosecutors may pursue charges of bank fraud, identity theft, wire fraud, or use of counterfeit instruments.

In preparing a defense, attorneys can closely evaluate the documentary evidence and witness accounts behind these accusations. For instance, we may find weaknesses in the forensic analysis linking you to suspicious checks or transfers. There may also be issues with how investigators handled accountholder interviews. Witnesses can change stories or recount events inaccurately, especially when pressured by authorities.

Authorized User Embezzlement

Unlike strangers committing fraud, authorized account users have legitimate access making the lines between civil disputes and criminal charges blurrier. However, misusing one’s position as a bank employee, account holder, or authorized party can still lead to embezzlement charges.

Given your inside status, the sophisticated tools used in financial investigations can seem intimidating. However, an experienced legal team understands how to strategically approach the forensic accounting, electronic records, client profiles, and other elements that build these cases. Finding contradictory information or procedural errors can undermine the prosecution’s stance.

Work With a Plano, TX Criminal Defense Attorney

Facing allegations of bank fraud feels overwhelming, but avoiding reactionary self-incrimination early on is key. Remember that the responsibility lies with prosecutors to establish criminal acts beyond a reasonable doubt. A Fort Worth, TX criminal defense lawyer knows how to navigate these complex investigations. Call The Crowder Law Firm, P.C. at 214-544-0061 for a free consultation to see how and if we can help you with your case.