Bank Fraud and Mortgage Fraud Defense —
Pennsylvania, New Jersey and Delaware
The federal bank fraud statute (18 U.S.C. §1344) is one of the shortest in the United States Code. It states:
"Whoever knowingly executes, or attempts to execute, a scheme or artifice … to defraud a financial institution; or … to obtain any of the moneys, funds, credits, assets, securities, or other property owned by, or under the custody or control of, a financial institution, by means of false or fraudulent pretenses, representations, or promises; shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both."
It is plain that whatever this statute may lack in length, it more than makes up for in terms of how serious the penalties can be. For this reason alone — anyone charged with a bank fraud offense would be well-advised to seek out an experienced defense lawyer as soon as possible.
For over 30 years of experience in the federal courts and an advocate who will vigorously fight to protect your rights — call Philadelphia attorney Mark S. Greenberg directly at or 267-253-7933.
Types of Bank Fraud
In practical terms, acts that could lead to formal bank fraud charges under the federal statute include assuming a false identity for purposes of a financial transaction, providing false information on a mortgage application (also known as mortgage fraud), forging signatures on checks, engaging in ATM fraud or embezzling bank funds. There are just a few examples of possible charges.
What is important to remember is that they are just that, charges. There is always a defense and the government cannot convict you without overcoming that obstacle. They have to prove their case.
There Is Always a Defense – Find Yours Here
For answers to other bank fraud or mortgage fraud questions, or to schedule a professional consultation — contact us online or call federal criminal defense lawyer Mark S. Greenberg directly at either or 267-253-7933. Our offices are located in Center City, Philadelphia, but we are available to meet with you at more convenient locations as well.
