If you have been charged with bank fraud, you need the services of a sophisticated lawyer who has extensive experience defending persons accused of this type of illegal activity. Federal white collar crimes attorney David M. Dudley is a state and federal criminal defense attorney who has practiced law since his graduation from Harvard Law School in 1984.
Mr. Dudley has successfully represented defendants accused of many types of white collar crimes, including bank fraud. His experience includes insider fraud as well as representing individuals accused of committing bank fraud even though they don’t work for the bank.
Bank fraud is a serious allegation. If you are arrested and charged for bank fraud, or are suspected of committing bank fraud, you should contact Mr. Dudley as soon as possible so he can begin building your defense. To schedule a consultation with Mr. Dudley, contact our law office today.
Mr. Dudley can help you if you are charged with any of the following:
Bank Fraud Involving Identity Theft
Bank fraud cases can involve identity theft. This involves the thief or hacker who gains access to someone else’s bank account and credit card information. With the increasing use of the Internet to pay for items, persons committing Internet bank fraud use names and addresses or account information to apply for fraudulent accounts, credit cards, loans, or other purchases.
Check fraud may be committed by the owner of the check or by someone who has stolen or kited a check. One form of check fraud is simply changing the monetary amount of a check, for example, by adding a zero to $10 to make it $100. Another type of check fraud is check kiting. This occurs when the person writing the checks knows there are not enough funds in the account to cover the amount of the check.
Embezzlement refers to the fraudulent activity of someone who works at a bank. They can steal money from account holders or from the bank.
Document fraud occurs when someone uses a fake document to illegally obtain bank funds. This can include the use of false identity cards, deeds to property, references or statements of assets.
Banks commonly wire large amounts of money daily. Someone who works at the bank can wire money to a personal account at a bank out of the country. The bank may not know funds are missing for many months.
This can occur when a bank employee enables someone to fraudulently take out a loan they never intend to repay.
This means that someone hides the source of stolen money. Common forms of money laundering include illegally buying and selling securities, using money as collateral for loans, or writing off money as business expenses.
Selected Case Results:
- P. v. R.B.: The defendant was charged with numerous counts of money laundering. A two-week trial resulted in a HUNG JURY. Shortly before the re-trial was to commence, the prosecutor agreed to DISMISS all charges.
- P. v. M.W.: The defendant was a Chinese businessman who received from the purported victim goods worth over $250,000. As partial payment for those goods, the defendant provided the supplier with a check for $100,000. The defendant’s bank returned the check for insufficient funds. The prosecution charged the defendant with several felony fraud counts in relation to his provision of that check. At preliminary hearing, Attorney Dudley persuaded the court that the district attorney had not met its burden of proving that his client had the necessary wrongful intent. Consequently, the judge DISMISSED the case against the defendant.
- U.S. v. R.D.: An attorney was indicted for mail and wire fraud in federal court after filing an insurance claim for his yacht which he claimed had been destroyed by pirates in the Mediterranean Sea. Convicted at trial, the defendant hired Mr. Dudley for sentencing. At the sentencing hearing, Attorney Dudley persuaded the court to impose a prison term significantly less than that which both the government and the PSR had recommended. In the process, however, the court rejected the defense contention that a two-point upward guideline adjustment did not apply. The court of appeals later agreed with that argument and REVERSED the defendant’s sentence. A subsequent resentencing resulted in the defendant’s prison term being reduced.
- P. v. S.L.: As an accountant for a nationwide private air transportation company, the defendant supposedly embezzled over $125,000 from that business. Prosecutors charged her with several felony embezzlement counts. Challenging some of the documentation which the alleged victim provided in support of its claims, the defense negotiated a disposition which permitted the defendant to receive PROBATION with electronic monitoring, while only having to pay $25,000 in restitution.
- P. v. M.T.: A bank repossessed an expensive sports car which the defendant had purchased by providing false information for his loan application. Because the bank received a low price of the vehicle at auction, it claimed a loss of $100,000 due to the defendant’s conduct. The district attorney then charged him with several felonies. Over the prosecutor’s objection, Attorney Dudley persuaded the judge to impose a PROBATIONARY sentence with no jail time if the defendant provided rapid restitution to the victim institution. The defendant did, in fact, provide such full restitution and successfully completed his term of probation. On defense motion, the court later DISMISSED the case.