Bank Fraud / Mortgage Fraud

Bank fraud is a federal offense that the U.S. Attorney’s Office prosecutes to the full extent of the law. Exercise your right to a legal defense; Frank Prieto, Esq., is a highly skilled Miami federal criminal defense lawyer who will obtain a positive outcome for you. It is imperative that you speak with the Prieto Law Firm as soon as you are arrested, or even better, BEFORE you have been arrested.

Bank fraud will many times be charged with wire fraud which can increase penalties depending on the amounts of the fraud involved (“amount of loss” or “intended amount of loss”).  

Bank Fraud Offense can stem from:

• Providing false statements on any federal forms
• Forging checks
• Loan/Mortgage fraud
• Falsifying loan documents or other financial documents
• Other financial crimes involving a federally insured bank or loan program

The banks have guidelines that they must follow and this includes reporting suspecting criminal activity. There are computer programs that alert the bank’s own investigative personnel who are more than happy to get Federal investigators involved.   

Prosecutors can bring charges even if they think you have made one misleading or false statement. This can occur even if a bank employee or other licensed professional assisted you with all the documentation.  Convictions and fines range into the millions and maximum penalties can exceed 30 years in prison for these offenses.