New York City Fraud Defense Lawyer

Experienced Defense Against Fraud Charges in New York

If you're facing allegations of fraud in New York City, having an experienced legal team on your side is crucial to defending your rights. Fraud is a serious offense that can lead to severe penalties, including hefty fines and imprisonment. The legal process can be complex and overwhelming whether you’re accused of identity theft, credit card fraud, or any other deceptive practice. At Barket Epstein Kearon Aldea & LoTurco, LLP, our New York City fraud defense attorneys are dedicated to providing robust legal defense tailored to your specific case. With a deep understanding of civil and criminal fraud charges, we are committed to securing the best possible outcome for our clients. Let us help you navigate the intricacies of fraud law and protect your future.

Have you been charged with fraud in NYC? Call Barket Epstein Kearon Aldea & LoTurco, LLP today at (888) 779-0267 or contact us online to discuss your case!

What is Fraud?

Fraud is a deceptive act where one party intentionally misrepresents or withholds key information to gain an unfair advantage, usually at the expense of another party. In criminal law, fraud involves deliberate deceit for financial gain or other benefits and can have serious legal consequences. Criminal fraud can take many forms, including identity theft, credit card fraud, insurance fraud, and securities fraud. These acts are not only harmful to the victim but also violate state or federal laws, resulting in potential criminal charges. Depending on the severity of the fraud and the amount of financial harm caused, criminal fraud can lead to significant penalties, including hefty fines and imprisonment. In these cases, the government prosecutes the offender to punish fraudulent behavior and deter future criminal activity.

Categories of Fraud in New York

In New York, like in many other jurisdictions, fraud crimes encompass many illegal activities involving deceit, misrepresentation, or dishonesty for personal gain.

Here are some common types of fraud crimes that occur in New York:

• Identity Theft: Identity theft involves using someone else's personal information, such as their Social Security number, credit card details, or bank account information, without their consent for fraudulent purposes.
• Credit Card fraud involves the unauthorized use of another person's credit card or credit card information to make purchases or obtain funds.
• Insurance Fraud: Insurance fraud is fraud committed to deceive an insurance company for financial gain. This can include filing false insurance claims, staging accidents, or providing false information to obtain insurance coverage.
• Securities Fraud: Securities fraud involves deceptive practices in the stock market or other investment schemes. Examples include insider trading, falsifying financial statements, or false investor promises.
• Mortgage Fraud: Mortgage fraud occurs when individuals or groups intentionally provide false information or omit important details on mortgage loan applications to secure a loan or gain financially.
• Health Care Fraud: Health care fraud involves making false claims or providing false information to obtain healthcare benefits, insurance reimbursements, or payments from government health care programs.
• Internet & Cyber Fraud: With the rise of online transactions, internet and cyber fraud have become prevalent. This includes various scams, such as phishing, online auction fraud, fake websites, or identity theft through hacking or malware.
• Wire Fraud: Wire fraud involves using electronic communications, such as phone calls, emails, or online platforms, to deceive individuals or organizations for financial gain. This can include schemes like advance-fee fraud or fraudulent investment opportunities.
• Bank Fraud: Bank fraud encompasses activities aimed at deceiving a bank or financial institution, including check fraud, forging checks or documents, or using false information to secure loans or obtain funds illegally.
• Tax Fraud: Tax fraud involves intentionally providing false information on tax returns to evade paying taxes or obtain undeserved tax refunds.

Each type of fraud has unique legal implications and potential defenses, which makes the role of a knowledgeable fraud attorney in New York indispensable. Fraud offenses often carry severe penalties, including fines, restitution, and imprisonment, depending on the type and magnitude of the fraud. The complexity of fraud cases requires a strategic approach considering immediate and future legal consequences.

Understanding the intricate nature of fraud and its potential defenses is crucial for those facing charges. Legal representation ensures that all angles of the situation are considered, mitigating potential risks and working to achieve the most favorable outcome possible.

Additionally, if the fraud offense is committed in multiple states or involves perpetrators and/or victims in more than one state, it may be charged as a federal crime. A federal conviction results in harsher penalties.