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Category: Bank Fraud

Bringing a Civil Claim Against a Cryptocurrency Thief

Bank FraudLitigation By Harvey Binnall PLLC - 2019/06/28 at 02:49pm

Experienced Fraud Attorney in Alexandria, VA Since the introduction of Bitcoin in 2009, and more specifically, since the rise of the speculative cryptocurrency market in 2015, cryptocurrency investments have become increasingly popular among the tech-savvy public, casual investors, and market speculators.  Though the jury is still out on whether cryptocurrency is a strong long-term investment, one underreported concern is the security of such funds. Hackers and the Risks of Cryptocurrency Cryptocurrency does not have to be held online.  Most cryptocurrency can be moved into in an offline “wallet” that requires a physical key.  This is the most secure way of […]

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Accounting Fraud Basics

Bank Fraud By Harvey Binnall PLLC - 2019/02/07 at 06:46pm

Accounting fraud — regardless of the jurisdiction in which you have been charged — is a serious felony that is punishable by financial penalties and a term of imprisonment (up to 10 years in Virginia).  If you’ve been charged with accounting fraud, it’s critical that you consult a qualified white collar defense attorney as soon as possible. Defining Accounting Fraud There are many forms of accounting fraud, though all operate on the same fundamental principles.  Put simply, accounting fraud involves the manipulation (i.e., falsification or concealment) of financial records so as to create a false impression of a company, which […]

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Common Defenses to a Bank Fraud Charge

Bank Fraud By Harvey Binnall PLLC - 2018/09/14 at 11:08pm

If you have been charged with bank fraud, then you could be exposed to significant criminal penalties of up to a million dollars in fines and 30 years imprisonment — this can cause many defendants to feel incredibly nervous about the impending litigation.  Should the prosecution gather sufficient evidence to convict you of bank fraud, your entire life will be irrevocably change. Government authorities can be rather heavy-handed in their investigation and prosecution of suspected bank fraud, however, in part because the public has become more suspicious of white-collar crimes in the wake of the 2008 subprime loan crisis and […]

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