When it comes to technological advances, the world that we live in today is the pinnacle of all of the rapid developments that have come before. In Atlanta, this comes with the possibility for e-commerce and other online transactions and collaborations, which introduces complexity to business and banking.
With the rise in such online processes, it is easy to get wrapped up in accusations of complex online crimes such as wire fraud and money laundering. At The Law Office of Lawrence J. Zimmerman, our fraud defense lawyers are experienced in handling complex wire fraud cases, as well as dealing with federal prosecutors. A lawyer from our team can speak to you about the specifics of your case, understand your questions and concerns, and help you create a strong defense.
Wire fraud is a complex and highly-charged crime that is taken very seriously in the city of Atlanta and by federal authorities. It is considered to be a white-collar crime that requires using communications technology, such as the internet, to trick someone into sending valuable assets, such as information or money, to the solicitor.
Usually, wire fraud involves deceit in order to get someone to send something they would otherwise not consent to sending, such as critical personal information, passwords, or financial assets. For example, in order to get someone’s password, an individual might send a fraudulent email that mimics another site, requesting that a user must reset their password and make them enter their old password in order to do so.
Another type of deceit that can be used to prompt individuals to send assets or information includes tricking individuals into thinking that they are carrying out a real financial transaction. If the targeted person gives into the fraudulent scheme, then the perpetrator can get a hold of the victim’s information or money.
Individuals such as the elderly or mentally challenged can be particularly vulnerable to wire fraud crimes. Anyone that does not have a good knowledge of how technology or the internet functions or is naive to believe certain stories can be at risk of falling victim to a wire fraud scheme.
Wire fraud is a federal offense in the United States. 18 U.S.C. § 1343 lays out the penalties associated with committing such a crime through wire, radio, or television. Because this crime can seriously injure victims on both a personal and financial level, the penalties associated with it are high.
If you are convicted of wire fraud under 18 U.S.C. § 1343, you can either face up to 20 years in prison, be obliged to pay large fines, or both. In the case that the wire fraud crime is somehow connected with exploiting a presidentially declared emergency or disaster or if it seriously impacts a financial institution, then the associated penalties are even worse. In this specific case, you can be fined up to one million dollars, face up to 30 years in jail, or have to pay fines and serve prison time.
In order to be charged with wire fraud, the prosecution will need to show that you defrauded a person or many people into handing over valuable assets or information through means of wire beyond a reasonable double. While wire fraud is considered to be a white collar crime, it can also be charged along with other crimes that may not be considered white collar, such as drug trafficking.
In such complex cases where there are one or multiple serious charges under different classifications, it’s important to have a strong Atlanta defense lawyer who has experience dealing with similar cases. A defense lawyer may help you defend against your charges by assisting in the following ways:
When it comes to defending against wire fraud, it is critical to work with a wire fraud attorney who understands how such crimes are prosecuted under the law, as well as the associated procedures for defending against such serious crimes.
Even if you have been convicted of such a crime, an experienced wire fraud lawyer can help you appeal your case based on whether there have been certain errors made during the process of your conviction or if other issues may have come up that had an influence on your case decision.
Money laundering is considered to be a very serious crime in Georgia and is, therefore, subject to serious penalties. If convicted of money laundering in Georgia, an individual may have to pay large fines and spend up to 20 years in prison. While money laundering can be charged under Georgia state law in some cases, it is usually charged under federal law.
In proving that an individual is guilty in a money laundering case, it is not necessary that they carry out the actual act of money laundering. In the instance that one or more individuals are found to be linked beyond a reasonable doubt to a money laundering case and that they knew that the money they received had been obtained through fraudulent means, then they can be implicated in the charges.
Yes, there is a difference between bank and wire fraud; however, it is possible to have a fraud case that can be classified as both wire fraud and bank fraud. Wire fraud refers to the method through which the fraud is committed, which in this case is through means of wire, such as the internet or phone lines. Bank fraud means that the target of the fraud is a banking institution.
If money fraudulently solicited is worth less than $1,500, the bank fraud case in Georgia can be charged as a misdemeanor. However, if the money obtained fraudulently is worth more than the aforementioned amount, this is considered to be a felony in Georgia.
Facing bank or wire fraud charges in Atlanta can be extremely stressful, as associated penalties are typically high, and the implications of the charges on your reputation and future can seem bleak. At The Law Office of Lawrence J. Zimmerman, our lawyers have years of experience dealing with fraud defense cases and have what it takes to defend you both in and out of court. Talk with one of our legal team members today to get started with building your defense.