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Houston Fraud Defense Attorney
Fraud is one of the most difficult to detect offenses, and charges can sometimes easily be misdirected at an innocent party. The crime occurs on a daily basis in the United States and at a number of different levels. While most cases of fraud are for relatively small amounts, large fraud cases result in losses of millions of dollars. Texas takes fraud convictions very seriously, making the need for a qualified defense attorney integral to the success of your case. All types of fraud are considered federal offenses.
Fraud is defined as using deception for financial gain. Unlike embezzlement, however, it is usually monetary gain that is handed over by the victim under false pretenses, not stolen outright. In fraud cases, a defendant may face criminal and civil cases and penalties. Many cases are considered felonies and may lead to a prison sentence, fines, and other sentencing.
Anytime someone falsifies an insurance claim in order to receive the benefit, it is considered an act of healthcare fraud. Lying to health care practitioners about symptoms in order to receive certain prescriptions is also fraud. Modifying records, duplicating claims, and any other intentional acts of misdirection for financial gain are all considered fraud. Due to the overwhelming rate of healthcare fraud it in the system, it is suspected that every 10 cents out of a dollar that is spent in the healthcare system goes towards covering fraudulent claims.
Using the United States Postal Service mail to engage in any form of scheme or other illegal activity is considered mail fraud. Most often, schemes are used in which individuals will claim to be a company or other service in need of information or money when the need and other information are entirely false. It is a federal crime that is punishable by prison time and fines.
Securities fraud involves lying about company information or stock information to misdirect the financial decisions of investors and other parties. Securities regulations are complex and require in-depth knowledge of regulations and laws to successfully fight securities fraud charges. Common types of securities fraud include failing to report accurate financial statements to shareholders in a company, publicly spreading false information about a company in order to alter the stock market, and any form of insider trading.
Wire fraud is any act of fraud that takes place electronically or through the phone. Telemarketer scams, people pretending to be with a healthcare company, and people asking for financial assistance for an organization that does not exist are all considered forms of wire fraud. The act must be intentional with the purpose of deceptively gaining money, be targeted at the victim, and use interstate wire connections to be considered wire fraud. Personal information such as social security numbers, financial routing numbers, and other information may be asked for during the course of a wire fraud scheme.
While the definitions of these forms of fraud may seem straight forward, they can easily become complex during the course of a criminal case. Protecting your rights in fraud cases includes having a clear understanding of the evidence presented. Contact the white collar criminal attorneys at the Law Office of David A. Breston for more information about our fraud defense services. All of our attorneys are well acquainted with the laws that surround these forms of fraud and can help you in your case from the initial investigation until the trial is completed.
We are dedicated to forming and maintaining relationship with our clients so that we can better understand all aspects of your case. It will be extremely valuable to have the representation of an attorney as soon as you are aware of any allegations of fraud. We can help you navigate discussions with investigators, address any concerns you have, and provide you with the necessary support to make informed decisions about your case every step of the way.