If charged with a financial crime, you may be tempted to underestimate the serious nature of what you are up against. After all, if no one was hurt, the penalties may not be very steep. In reality, a conviction for a white collar crime can result in consequences that can change the course of your life. You would be wise to take your case seriously.
One of the most important steps is to learn more about the specific type of charges against you. For example, fraud is a type of financial crime that encompasses a wide range of activities. Understanding the charges allows you to develop a defense strategy that is custom-tailored to your needs and long-term objectives. Even if you do not think the prosecution’s case is that strong or you are only under investigation at this point, you will benefit from the guidance of an experienced defense attorney.
Types of fraud
Fraud is a term used to describe any type of criminal activity done with the intent to swindle someone out of his or her money. This includes direct face-to-face interactions, but many fraudulent activities take place online. These cases are difficult to investigate, and there are both state and federal laws that apply. Common types of fraud include:
- Insurance fraud
- Credit card fraud
- Telemarketing fraud
- Securities fraud
- Tax evasion
- Mail fraud
Elements of a fraud case
Every fraud case is different, but the following elements are common in these types of financial crime cases:
- Representing something as true when it is false
- Doing this knowing the representation is untrue
- Causing someone to act on this false information
- A person suffering financial loss as a result
A careful investigation of your case can help you build a defense that is uniquely suited to your needs and the details of your individual situation. A guilty plea or conviction is never your only option.
Where to start?
You should not face fraud charges alone. As soon as possible after an arrest or after the initiation of an investigation, you will benefit from reaching out to an experienced New Jersey defense attorney. With the right help, you can effectively confront the case against you, fight for your future interests and preserve your rights at every step as your case moves through the criminal justice system.