One of the most common white collar crimes is real estate fraud. This type of crime can take many forms and may impact many different types of people in various ways. If you are charged with real estate fraud, it’s vital that you contact a professional white collar crime attorney as soon as possible for guidance. Your lawyer understands the law and can help you through this time. Make sure you are honest and up-front with your attorney. Whether or not you committed the crime you are accused of, remember that your attorney will not judge you. Their goal is to help you get through this experience and walk away with a positive outcome; however, your lawyer can’t help you if you lie to them.
Common Types of Real Estate Fraud
There are a number of different types of real estate fraud, so make sure you understand exactly what you are being accused of. Whether this is your first offense or you have dealt with the law before, you should understand that the charges are so that you and your attorney can create a reasonable defense for your situation. Types of fraud may include, but are not limited to, mortgage fraud, title fraud, value fraud, occupancy fraud, and foreclosure fraud.
One of the most common types of fraud is identity fraud. If you impersonate another person or pretend to be someone you are not in order to make a sale or buy a property, this constitutes fraud. Another common form of fraud is false advertising. For example, if you are selling a property and you blatantly lie about the status of the property, its history, or any problems the home has, this could be considered fraud.
Penalties for Real Estate Fraud
The type of penalties for real estate fraud are based on the type of crime committed. They will vary depending on how severe the crime is. If convicted, you may have to pay a fee as a result of the fraud. In some cases, there could be jail time. It’s important to talk with your attorney about possible penalties for your particular case. Depending on the severity of the crime, you may also be required to pay restitution to the victims of the crime, as well.
Your first step should always be to reach out to an experienced attorney who can help you during this time. You do not need to face these charges alone. More importantly, you shouldn’t. Your lawyer understands the law and how the justice system works, which means that your attorney will be able to create a defense that can help you when you’ve been accused of a white collar crime. Whether the charges against you seem manageable or overwhelming, it’s vital that you refer to a lawyer who can help create a strong defense during this time.
Call today to schedule an appointment with your attorney. You’ll find out exactly what your next steps should be.