Being the subject of a federal fraud investigation is understandably unsettling. Numerous agencies may be involved in the most intricate details of your life, and the outcome could have significant legal ramifications. Knowing how these cases begin can prepare you for a robust defense.
So, too, can retaining an experienced federal crime defense attorney. If you are facing an investigation or charges in Syracuse or elsewhere, it’s time to get serious about protecting your future. Connect now with the attorneys of Carden Dotzler Hammond, PLLC.
The Basics of Federal Fraud Investigations
Federal agencies such as the FBI, IRS, and Department of Justice may launch an investigation into various matters that potentially implicate fraud. These are some common examples of the subjects involved in these investigations:
- Mail/wire fraud
- Tax fraud
- Bank fraud
- Credit card fraud
- Healthcare fraud
- Insurance fraud
- Mortgage fraud
- Securities fraud
Sometimes there are overlapping fraud investigations with other criminal matters, such as identity theft and embezzlement. Investigations can begin in one of several ways, including:
- A report or tip: Someone in Syracuse or elsewhere in New York could file an anonymous report or tip with a law enforcement agency that then leads investigators to dig deeper into possible fraud.
- Other criminal proceedings: There could be an already existing investigation or case against another person who (perhaps to seek a plea deal) informs investigators of possible fraudulent activity.
- Regulatory matters: Various regulatory agencies could become suspicious of an individual’s or business’s behavior and alert law enforcement.
- Parallel investigations: If one federal agency like the Securities and Exchange Commission believes another agency or department could have jurisdiction over a matter, they may bring them in.
- State and federal coordination: Law enforcement agencies at the New York State or federal level often collaborate and share information that could lead to a federal fraud investigation.
What To Do If You Are Being Investigated For Fraud
Whether and when you will learn of a federal criminal investigation will depend on the unique circumstances of your case. Nonetheless, if you find out that you are the subject of an investigation in Syracuse or elsewhere in upstate New York, we suggest the following steps:
- Do not speak with agents or officials: Various individuals from different agencies could be involved in your investigation. Even if you believe you have done nothing wrong, speaking with agents or officials could get you in more trouble.
- Start documenting everything related to the investigation: For example, if you have been accused of securities fraud, find everything you can about any securities dealings or transactions in which you have been involved.
- Do not contact others: It may be tempting to reach out to other individuals who are or could be involved in the alleged fraud. Your best step is to focus on your own interests, since these persons may not have them in mind.
- Retain legal counsel: Be sure you hire an attorney early, since you will be best positioned to defend yourself by acting sooner rather than later. Our federal crime defense attorneys are ready to consult with you.
- Be honest with your lawyer: One of the most important things you can do is be upfront and honest with your lawyer. Hiding things from your attorney will make it extremely difficult to defend you.
Ready To Begin Your Defense? Contact CDH Law
Have you received a subpoena, target letter, or had any other indications that you are being investigated for fraud in New York? Let CDH Law handle the matter and defend you against any federal charges that may result. Get in touch with us today to get started.