NJ Mortgage Fraud Defense Lawyers
Protect Your Future with the Help of NJ Mortgage Fraud Defense Attorneys
Mortgage fraud is a serious white-collar crime, often resulting in devastating consequences on someone’s future. In New Jersey, it is commonly considered one of the most prevalent types of financial institution fraud. This offense arises from lying or misrepresenting information about a mortgage application to gain personal benefits.
Banks scrutinize each detail entailed in mortgage applications. If they suspect foul play, federal authorities are notified immediately. The penalties for being convicted on this charge can include harsh fines up to $1 million and even imprisonment for as long as 20 years.
If you find yourself accused of mortgage fraud, you must retain an aggressive defense lawyer immediately to defend your rights. The professionals at Spodek Law Group have over forty combined years of criminal defense experience and a history of successful results. Their goal is to reduce or entirely dismiss the charges against their clients.
Missed payments can trigger flags that lead authorities to investigate alleged cases of mortgage fraud. It can still be filed against people who are falsely attested when:
– Banks knew their customers were providing false information on their application
– Firms or employees encourage them to deceive banks or falsify documents
– These individuals provide mostly correct details in their applications
– Loan procedures are eventually declined.
Before 2008, people used to acquire federal mortgages right and left without much scrutiny by banks, enabling fraudulent practices like never before seen before. Even today, many residents throughout NJ serve prison time because they committed mortgage crimes since then. Due diligence has since tightened dramatically in recent years wherein any inaccuracies must be addressed instantly concerning investigations involving possible financial fraud offenses.
The government lays down bank fraud statute limitations that cover ten years in most cases; hence unless concrete evidence supports a lack-of-good-faith defense from your side, there may still be prosecution attempts launched against you long afterward. Conspiracy theories and wire payments would also have consequences that may add to the severity of legal punishment.
Protecting yourself from these offenses should be paramount, as mortgage fraud charges carry serious criminal consequences. Felony convictions can impact someone’s job prospect, likely impact their participation in voting or affect their gun-carrying licensed status. Judiciary committees may also disallow those convicted of felony offenses to serve on a jury for many years into the future. There is no time for delay in hiring an attorney when it comes to combating such criminal accusations.
Spodek Law Group understands this common challenge and has zealously advocated clients throughout New Jersey with their unique cases of mortgage fraud investigation and prosecution. Having successfully defended many clients over the years due to spurious prosecutions, their defense attorneys understand precisely how devastating criminal consequences can be for your future. They are skilled at crafting vigorous defenses tailored specifically to each client’s case requirements because no two financial fraud cases are the same.
Do not wait until it’s too late; call Spodek Law Group now for robust representation and personalized defense strategy!
NEW JERSEY CRIMINAL DEFENSE ATTORNEYS