Bank Fraud

Bank Fraud

Federal Bank Fraud Charges

What is Bank Fraud?
It’s a Federal crime to carry out or attempt to carry out a scheme to defraud a financial institution, or to get money or property owned or controlled by a financial institution by using false pretenses, representations, or promises.

A Defendant can be found guilty of bank fraud only if all the following facts are proved beyond a reasonable doubt:

  1. The Defendant knowingly carried out or attempted to carry out a scheme to defraud a financial institution, or to get money, assets, or other property from a financial institution, by using false or fraudulent pretenses, representations, or promises about a material fact.
  2. The false or fraudulent pretenses, representations, or promises were material.
  3. The Defendant intended to defraud the financial institution or someone else.
  4. The financial institution was federally insured or chartered.

What Are The Penalties for Bank Fraud?

If a person is convicted of bank fraud, the maximum fine is 1 million dollars, and the maximum prison sentence is 30 years.  The judge will also order a person convicted of bank fraud to pay back the money that they obtained as a result of the fraud.

In a bank fraud case, the amount of loss to the bank, actual or intended, will greatly impact a Defendant’s sentence.

Are you looking for the best bank fraud defense lawyer in Tampa Florida? Contact Attorney David C. Hardy.

Tampa Attorney David C. Hardy is a former prosecutor that now represents people in matters related to federal criminal offenses.

Attorney Hardy is Board Certified by the Florida Bar and the National Board of Trial Advocacy as an Expert in Criminal Trial Law. In the Federal Courts, he has handled a wide variety of cases including international extradition, drug trafficking, bank fraud, health care fraud, immigration offenses, aggravated identity theft, racketeering, the misbranding of drugs, and firearms offenses.  He has represented clients in Federal Trial and Appellate Courts in Florida, Texas, and Georgia.

Attorney Hardy has the knowledge, skills, and experience to guide you through this process and obtain the best possible results.  Contact Attorney Hardy for a free consultation.