Fraud Attorney, Bank Fraud, Insurance Fraud, White Collar Crime Attorney
If you have been charged in the city of Pittsburgh with fraud, or believe you may be under investigation, hiring a competent Pittsburgh fraud attorney will leave you in a better position when formal charges are filed. Do not speak to anyone except your white collar crime attorney. Talking with the police or federal agents without counsel by your side can be a costly mistake. Don’t be fooled when they tell you that by getting an attorney you appear guilty; better you appear guilty and walk free than seem innocent behind bars. Whether you believe you have something to hide or not, it doesn’t matter. What may appear as an honest answer to you will be twisted by the prosecution and used against you. Be polite, but refuse to answer their questions, and insist on having an attorney present to represent you whenever the prosecutor or police want to ask you about your case.
Generally, a person charged with a white collar crime will be a government employee or other professional. He or she will be charged with a theft scheme or fraud.
Plaintiffs in white collar lawsuits can be a person or people who were wronged by an institution, a class action suit against that institution, a business or agency who sues an individual, or a government entity that has brought a suit against an individual. If the defendant gets convicted, that guilty verdict may be used against them in another lawsuit filed by a different plaintiff who claims to have suffered from the defendant’s actions. Furthermore, a civil action brought by a government might seek disgorgement, which is the turning over to the government of any profits obtained from that crime. A suit by a non-government party may seek restitution or repayment or other damages to make up for the harm they suffered. In addition to fines and possible jail time, a defendant may also face asset forfeiture; if successful, anything purchased with the proceeds of the offense would be seized by the government.
White Collar Crime Law Firm
White collar crime is defined as nonviolent crimes committed by using deceit and for financial gain.
Bank fraud occurs when people obtain bank loans by submitting false information. Most of the time, it is an individual who is prosecuted by the bank for getting a loan from them for which they would not have qualified otherwise.
Insurance fraud is knowingly and with intent, submitting incomplete or misleading information concerning any fact or thing material to the insurer’s determination in approving or denying that person’s insurance claim.
Ponzi schemes are considered to be white collar crimes, as are insider trading, securities fraud, embezzlement, wire fraud, forgery, and money laundering.
Forgery is changing documents without permission and using checks, credit cards, or money that has been altered. A person can be charged with forgery for buying something with fake money, and for creating the fake money. However, merely having fake money in your possession is not enough to get you arrested and charged.
Embezzlement is taking benefits, money, or other assets from a company you work for and transferring those things to yourself. Embezzlement charges require that there was a duty on the part of the employee to not take the assets.