Wire Fraud Offenses

Wire fraud offenses are types of financial crimes that involve deceptive practices to defraud individuals, organizations, or financial institutions. Wire fraud is similar to mail fraud but involves the use of electronic communications, such as telephone, television, or the internet, to carry out fraudulent schemes. Wire fraud encompasses a wide range of fraudulent activities that use electronic communications to deceive victims and obtain money or property.

Examples of Wire Fraud Offenses Include:

• Sending fraudulent emails, commonly known as phishing, to trick individuals into revealing sensitive financial information or login credentials.
• Using fraudulent online auctions or sales platforms to deceive buyers into making payments for nonexistent products.
• Conducting fraudulent wire transfers or electronic fund transfers to misappropriate funds from individuals or businesses.
• Engaging in business email compromise schemes, where scammers impersonate company executives to deceive employees into wiring money to fraudulent accounts.

It’s important to note that these are general descriptions and specific laws and regulations regarding these crimes may vary by jurisdiction.

Wire Fraud Penalties

Federal wire fraud penalties may be found at 18 U.S.C. Section 1343. The penalties for wire fraud are similar to those for bank fraud, with a maximum punishment of imprisonment for up to 30 years and fines of up to $1,000,000. It is worth noting that these are the maximum penalties, and the actual punishment can depend on various factors, such as the severity of the offense, the amount of money involved, the defendant’s criminal history, and whether there was any aggravating or mitigating circumstances.

What Does a Defense Attorney Representing Individuals Charged with Federal Bank Fraud, Mail Fraud, or Wire Fraud Do?

Defense attorneys practicing in this field provide legal representation to individuals or organizations facing charges related to such offenses.
Key tasks and responsibilities of defense attorneys representing individuals accused of federal bank fraud, mail fraud, or wire fraud:

Case Evaluation – The defense attorney will thoroughly analyze the client’s case, examining the evidence, witness statements, and any other relevant information to assess the strengths and weaknesses of the prosecution’s case. They will identify potential defense strategies and determine the best course of action.

Legal Advice and Counsel – The attorney will provide legal guidance to the client, explaining the charges, potential consequences, and available defense options. They will help the client understand their rights and obligations throughout the legal process.

Investigation – The defense attorney will conduct an independent investigation to gather evidence, interview witnesses, and examine any relevant documents or records. This investigation aims to uncover any inconsistencies or weaknesses in the prosecution’s case and gather evidence to support the defense.

Defense Strategy Development – Based on the case evaluation and investigation, the attorney will develop a defense strategy tailored to the specific circumstances of the case. This strategy may involve challenging the credibility of witnesses, contesting the admissibility of evidence, or presenting alternative explanations for the alleged fraudulent activities.

Plea Bargaining – If it’s in the client’s best interest, the attorney may negotiate with the prosecution for a plea bargain. This involves seeking a reduction in charges or penalties in exchange for the client’s guilty plea. The defense attorney will advise the client on whether accepting a plea deal is advisable, considering the potential risks and benefits.

Trial Representation – If the case goes to trial, the defense attorney will represent the client in court. They will present the defense’s case, cross-examine prosecution witnesses, challenge the prosecution’s evidence, and make persuasive arguments to the judge or jury. The attorney will aim to create reasonable doubt in the minds of the jurors regarding the client’s guilt.

Legal Documentation – The defense attorney will handle the preparation and filing of legal documents, such as motions, briefs, and appeals. They will ensure that all necessary paperwork is properly completed, submitted within deadlines, and comply with the relevant legal requirements.

Negotiations and Settlements – In some cases, the defense attorney may engage in negotiations with the prosecution outside of the trial setting to explore the possibility of resolving the case through a settlement or agreement that is favorable to the client’s interests.

Post-Trial Assistance – If the client is convicted, the defense attorney can assist with post-trial matters, such as preparing an appeal or seeking a sentence reduction.

Overall, a defense attorney specializing in federal bank fraud, mail fraud, and wire fraud crimes works diligently to protect the rights of their clients, challenge the prosecution’s case, and strive for the best possible outcome given the circumstances of the case.

The lawyers at the Attorneys For Freedom Law Firm are admitted to practice in federal court and have defended the rights of their clients for over three decades. Our attorneys have the experience and knowledge to provide the best possible defense of these charges.

To schedule a Strategy Session with an experienced defense attorney, contact the Attorneys For Freedom today. We can be reached online at AttorneysForFreedom.com or by calling our Arizona office at 480-755-7110 or our Hawai’i office at 808-647-2423.