Fraud charges in New York can encompass a wide range of allegations, from securities fraud to identity theft. These white-collar crimes often involve complex investigations and carry severe consequences, including significant fines, restitution, and lengthy prison sentences.

What Constitutes Fraud in New York?
Fraud involves intentionally deceiving another party to secure an unfair or unlawful gain. Common types include:

• Securities Fraud: Manipulating stock markets or providing false financial information.
• Identity Theft: Using someone else’s personal information for financial gain.
• Insurance Fraud: Falsifying claims to obtain payouts.

Real-World Example
In a high-profile case, a New York business executive faced charges of wire fraud for embezzling millions from investors. The prosecution presented evidence of falsified financial statements and forged documents. With the right defense, the case could hinge on proving intent or lack thereof.

Building Your Defense
Defending against fraud charges often requires:

• Reviewing evidence for procedural errors.
• Challenging the prosecution’s claims of intent.
• Negotiating to reduce charges or penalties.

At Portale Randazzo LLP, our attorneys have a deep understanding of New York’s fraud laws and the strategies to achieve the best outcomes for our clients.

For more insights, visit our blog at Portale Randazzo LLP.