Business Fraud Charges

Sacramento criminal attorney

A felony business fraud charge typically involves larger amounts of money, more significant harm to victims, or repeat offenses. Examples include large-scale embezzlement, Ponzi schemes, and major instances of false advertising or securities fraud. Felony convictions often result in substantial fines, restitution, and incarceration in state prison.

On the other hand, misdemeanor business fraud charges generally involve lesser financial amounts and less severe harm. These might include smaller-scale scams, minor instances of false advertising, or petty theft within a business setting. Misdemeanor convictions can lead to fines, probation, and shorter jail sentences, usually in a county jail rather than state prison.

Contact Sacramento Criminal Attorney

The consequences of being convicted of business fraud in Sacramento County are serious and can impact your personal and professional life profoundly. If you or someone you know has been charged with business fraud, it’s crucial to seek competent legal representation. Contact the Law Office of Wing & Parisi in Sacramento for experienced and dedicated criminal defense. Their team understands the complexities of business fraud cases and will work tirelessly to protect your rights and achieve the best possible outcome. Don’t let a charge define your future – get in touch with Sacramento criminal attorney at the Law Office of Wing & Parisi for a consultation and robust legal defense.

Types of Fraud in Business

Fraud in business encompasses a wide range of illegal activities, each characterized by deceit, misrepresentation, or dishonest conduct for financial or personal gain. Here are some common types of business fraud:

• Embezzlement: This involves an individual, often an employee, unlawfully taking funds that they were entrusted to manage but not own.
• Ponzi Schemes: A type of investment fraud where returns are paid to earlier investors using the capital from more recent investors, rather than from profit earned.
• Pyramid Schemes: Similar to Ponzi schemes but based on recruiting new members into a program with the promise of high returns, which are primarily derived from the entrance fees of the newer members.
• Securities Fraud: Includes deceptive practices in the stock or commodities markets, like insider trading or providing false information to investors.
• Bankruptcy Fraud: Concealing assets to avoid having to forfeit them or filing false or incomplete forms.
• Tax Evasion: Illegally avoiding paying taxes, often by misrepresenting income or deductions.
• Insurance Fraud: Involves false claims to receive insurance payments, or underwriting insurance policies under false pretenses.
• Credit Card Fraud: Using someone else’s credit card information for unauthorized transactions.
• Identity Theft: Stealing someone’s personal information to commit fraud, such as opening credit lines or taking out loans in their name.
• Payroll Fraud: Tactics like ghost employees (paychecks issued to non-existent workers) or misrepresenting hours worked.
• Check Fraud: Writing bad checks, or using another person’s checkbook without authorization.
• False Advertising: Misleading consumers about the quality, characteristics, or origin of a product.
• Bribery and Corruption: Offering, giving, receiving, or soliciting something of value for influence on a transaction or decision.
• Money Laundering: Disguising money obtained from criminal activities as legitimate income.

Each of these fraud types can have serious legal consequences and can be prosecuted at both the state and federal levels, depending on the nature and scope of the fraudulent activity.

If you find yourself facing charges related to any of these types of business fraud, it’s crucial to seek experienced legal representation. Contact the Law Office of Wing & Parisi in Sacramento for a dedicated Sacramento criminal attorney who can provide you with the defense strategy and guidance you need. Don’t navigate the complexities of the legal system alone; reach out for professional help to protect your rights and future.

Contact Criminal Defense Attorney in Sacramento

When you have been charged with a crime, choose a criminal defense attorney in Sacramento with the experience and dedication to make a difference. The Law Office of Wing & Parisi is dedicated to provide exceptional customer service and excellent legal representation for those charged with any type of crime.

Whether it’s your first charge or your second, you need a dedicated and skilled attorney by your side. Contact us online or call at (916) 441-4888 for a free and confidential case consultation, available in Spanish. We appear in state and federal courts in the Sacramento and Davis communities as well as throughout Placer and San Joaquin counties.