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
February 26, 2016 by ·
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
February 4, 2016 by ·
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?
January 31, 2016 by ·
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 […]
Guard Against Mortgage Fraud While Refinancing Your Home
January 11, 2016 by ·
Homeowners choose to refinance their homes for many reasons. Restructuring your mortgage can result in lower monthly payments, a lower interest rate, or a longer loan term, making it more manageable to repay the loan. Homeowners might also opt to refinance due to a divorce, in order to get a fixed-rate mortgage, or for a […]
6 Tips For Protecting Your Credit/Debit Card Information
December 12, 2015 by ·
There are many ways in which a criminal can get hold of your credit or debit card information. “Skimming” is a crime where the information contained on the card’s magnetic strip is reproduced via a device that scans and stores the card data. Lost or stolen cards might also end up in the wrong hands, and dishonest […]
The Many Faces of Bank Fraud
November 22, 2015 by ·
Most of us hear words like “theft” and “fraud” in our everyday lives, but we’re unfamiliar with what those things really mean when it comes to criminal charges. Bank fraud, for example, can take a number of forms and can be perpetrated by persons in a variety of positions. There are two parts to the […]
The NJ Federal Criminal Defense Attorney For Internet Crimes
May 1, 2015 by ·
It is crucial to understand just how serious your situation is if you’re facing criminal charges at the state or federal level. Any criminal charge, whether misdemeanor or felony, will have a negative impact and potentially haunt you for years. To make sure that you achieve the best possible outcome in your case it is crucial to have […]
Bank & Mortgage Fraud Is No Laughing Matter
March 10, 2015 by ·
You need to contact a criminal defense attorney as soon as you learn you’re being investigated for mortgage or bank fraud in Newark, are contacted by law enforcement authorities, or even suspect you may be in trouble. Your ability to defend yourself depends on your ability to know your rights, and only an experienced criminal […]
Bank Fraud Charges Require An Experienced Criminal Defense Attorney
January 20, 2015 by ·
If you’ve been arrested or indicted on charges related to bank fraud, you need to contact a criminal defense attorney as soon as possible. Because you’re dealing with charges at the federal level, this is nothing to take lightly. We’ve seen incredible examples in the last decade of bank fraud…some people have gone to prison. […]
