Latest News 2011 July Former Bank Official Indicted for Fraud

Former Bank Official Indicted for Fraud

A former officer and bank official has reportedly been indicted for bank fraud in an Elmwood Park, New Jersey matter. According to reports, the man allegedly defrauded a bank to obtain a $1.9 million loan to buy two apartment buildings. Now, he is formally facing the charges of conspiracy, bank fraud and bribery along with two counts of loan application fraud. In the fraud matter, he reportedly provided false statements and documents to the bank for the loan.

Fraud charges can be incredibly serious and result in consequences such as jail time and heavy fines depending on the situation. It's important that you understand what you are being charged with and how you should go about resolving this matter. You do have rights to protect during this difficult time and options to do so. Begin the process of moving forward with your life.

It's in your best interest to work with a criminal defense lawyer who will understand your case and be able to guide you through this difficult process. A defense attorney will know how to deal with court proceedings and any other aspects necessary. You can count on a defense lawyer to always have your best interest in mind while fighting to protect your rights. Please take some time today to contact a criminal defense attorney and begin discussing the details of your case.

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