The Story of Bank Fraud at Wells Fargo Continues to Develop

Following the news in this day and age is often accompanied by the feeling of being overwhelmed. Whether the headlines are about what’s going on in Hollywood, what might happen regarding the world wide web and net neutrality, the countless number of political issues that are at the forefront of daily life, or even the […]

3 Qualities of a Great Bank Fraud Attorney

Here at the Law Offices of Robert J. DeGroot, we’re proud to say that we’ve assembled a team of experts who can handle any case that comes our way. With over three decades of experience in our industry and a track record of success, we’re well equipped to handle everything from defending you against bank […]

3 Steps to Take If You’re Being Investigated for Bank Fraud

If you’re being investigated for bank fraud, there’s a good chance you’re feeling like there’s not much you can do for yourself. Fortunately for you, nothing is further from the truth. Although the recent housing downturn has made for an uptick in bank fraud and federal officials are conducting more investigations than ever, if you […]

What is Bank Fraud and When is it Time to Hire a Defense Attorney?

It’s well known that bank fraud is often considered a criminal offense, but how is it different than simply robbing a bank? The goal of both is the same, right? After all, at the end of the day, the goal of bank fraud and bank robbing are both to take home money that doesn’t belong […]

Are You Being Investigated for Bank Fraud?

We’ve seen an uptick up cases involving bank fraud in recent years. What is the cause? It’s hard to say for sure, but many point to the somewhat recent economic and housing downturn in which it became harder and harder for people to afford their mortgages. This, of course, led to quite a bit of […]

How the Online World Opens You Up to Bank Fraud

E-Commerce has boomed over the last 20 years for the purchase and sales of online products. As useful as the internet is, it also leaves individuals open to vulnerabilities with their bank accounts and personal identifying information. Tech savvy generation Y tends to be more open to using the internet without considering the bank fraud […]

Securities in Paper Checks to Prevent Check Fraud

One of the most common forms of bank fraud is through the use of checks. Individuals can simply steal checks and withdraw cash as their own. Other individuals may simply do what is called check kiting, or intentionally using checks for goods even though they know they have insufficient funds. Doctoring checks is much less […]

How Helping Can Hurt

Buying a new home is a big step for anyone. Part of the American Dream tends to be described as owning your own home in the suburbs. But with housing prices high and a required 5 percent down to purchase a home with a conventional loan, many individuals look to their families for money to […]

Three Tips For Guarding Against Check Fraud

In a previous blog post, we briefly discussed the many faces of bank fraud, which occurs when a person or group obtains money or other assets from a bank or other financial institution using illegal means. Among the more common types of bank fraud is check fraud, which includes the modification, theft, and forgery of […]

Mortgage Fraud: What is a Straw Buyer?

Taylor wants to buy a house, but he can’t get financing because of his poor credit score. He asks his sister for help, and she purchases the home for him. Taylor pays his mortgage payments to his sister, who then pays the lender. In this example, Taylor is the real buyer, and his sister is […]