NYC Federal Fraud Lawyer

NYC Federal Fraud Attorney

Facing fraud charges at the federal level can be a scary and overwhelming experience. Often, these charges occur when an individual has been accused of taking part in a crime that involves misrepresentation or a deceitful action that permits them personal financial gain. It is important to understand these charges so that those accused can make informed decisions regarding their future. A NYC federal fraud lawyer can help review the case and defend against these charges.

At the Law Office of Jonathan Savella, we understand how serious these charges are and how much is at stake. If you find yourself under investigation or arrest for a federal fraud crime in New York City, it is understandable that you feel confused and unsure of what to do next. There are several penalties often involved in these cases, many of which can harm your future. Trust the team at the Law Office of Jonathan Savella to defend you and fight for your rights.

Common Federal Fraud Charges in NYC

On an annual basis, the federal government loses between $233 billion and $521 billion to fraud. This is based on data collected by the U.S. Government Accountability Office between the years 2018 and 2022. There are several different types of fraud that can be committed in NYC that will be dealt with at the federal level. The most common types of fraud include the following:

• Wire fraud. In NYC, wire fraud is considered to be any kind of criminally fraudulent activity that is committed through the use of any type of electronic communication, such as the telephone, emails, text messages, or social media messages. The specific elements of wire fraud include the existence of a scheme of fraud and the use of an interstate phone or other mode of electronic communication to commit the scheme.
• Bank fraud. This crime involves fraudulent schemes against a financial institution. This can include the act of deceiving a bank in order to gain money for personal gain. Bank fraud can take several forms, including stolen checks, check fraud, and loan application fraud, such as providing incorrect information in order to obtain a loan, internet fraud, forgery, or counterfeiting.
• Tax fraud. In NYC, both businesses and individuals can be guilty of committing tax fraud. The most common actions of tax fraud can include tax evasion, aiding or assisting an individual or business in preparing false tax documents, conspiracy, and making false statements on your income tax returns. There are several penalties for these crimes, including fines, jail time, and repayment.
• Identity theft. When an individual allegedly steals the personal information of another, such as their Social Security number, date of birth, or name, it is considered identity theft and is illegal. This action is usually taken in order to commit fraud or other crimes, such as applying for loans or mortgages, opening a new credit card, securing medical services, or filing a fraudulent or false tax return.
• Healthcare fraud. In 2023, 447 of the reported fraud cases involved healthcare fraud. This kind of fraud can include many schemes that are meant to exploit the American healthcare system. These schemes of fraud can include billing for services you did not actually receive, submitting multiple identical claims to different insurance companies, also known as duplicate billing, prescription fraud, and home healthcare fraud.
• Mail fraud. In the United States, mail fraud occurs when an individual allegedly uses the United States Postal Service to act on a fraudulent scheme in order to obtain money or other items of value. This can include several other kinds of fraud, including tax fraud, identity theft, and healthcare fraud.

Why You Need a Lawyer When Facing NYC Federal Fraud Charges

In a federal fraud case, the alleged crime will be investigated by an agency such as the IRS, FBI, or Department of Justice, depending on the nature of the crime itself. If an individual is believed to have committed an act of federal fraud, and there is enough evidence, these agencies can cooperate with federal prosecutors to bring these charges against them. Once arrested, you will be taken into federal custody, and an attorney will become vital.

At the Law Office of Jonathan Savella, our attorneys can review your case and the supposed evidence that the prosecution has against you to determine if there are any weaknesses in the prosecution’s case. These forms of evidence might include witness statements, emails, documents, police reports, and surveillance camera footage. Allow us to search for any mistakes in procedure or unreliable witness statements that can cast doubt on your guilt.

FAQs

Q: How Do You Respond to Federal Fraud Charges in NYC?

A: If you find yourself being investigated or arrested for federal fraud charges in NYC, there are several actions that you can take that can be beneficial when responding to these charges. These actions can include remaining silent, reviewing the evidence that is being brought against you, hiring an experienced lawyer, and weighing your options between agreeing to a plea deal or going to trial.

Q: How Many Cases of Tax Fraud Occur Every Year?

A: In 2023 alone, of the 64,124 cases of fraud that were reported to the United States Sentencing Commission, 363 of those cases involved tax fraud. Though this number is down from the fiscal year 2019 by 27%, these cases still happen every day, and having an attorney on your side is vital.

Q: Can You Appeal a Federal Fraud Case?

A: If you are sentenced for a federal fraud charge, it is important to remember that you can appeal a conviction or sentence at a higher court with the assistance of an attorney. In many cases, common arguments for an appeal in a fraud case include insufficient evidence, incorrect instructions given to the jury involved in the case, and misconduct of the prosecution.

Q: What Are the Usual Penalties for Federal Fraud Charges?

A: Depending on the nature and severity of the fraud charge, including the amount of money involved, there are several penalties for federal fraud charges in NYC. The most common penalties can include prison time, large fines, probation, forfeiting any property connected to the act of fraud, and restitution payments. An experienced attorney can help you review the potential penalties you face.

Speak With a Federal Criminal Defense Attorney Today

If you find yourself under investigation or arrest for a federal fraud crime, the attorneys at the Law Office of Jonathan Savella are here to help. Whether your case is being heard on Pearl Street in the Southern District of New York or in Brooklyn at Cadman Plaza East in the Eastern District of New York, allow us to advise you on how to protect your freedom and future and seek the most favorable outcome in your case. Contact us today to schedule an initial consultation.