Los Angeles Real Estate Fraud Attorneys
Aggressive Defense for People Charged with Real Estate Fraud
Being accused of any crime is serious, and real estate fraud is no exception. With an increase in reports of fraud following the real estate boom and bubble burst, prosecutors are intent on making examples of those charged with these offenses in Los Angeles.
Even worse, real estate fraud can be charged as a federal crime: federal investigators and prosecutors with tremendous resources at their disposal may get involved in these cases. In other words, a conviction can have a devastating impact on the rest of a person’s life.
If you or a loved one has been charged with real estate fraud, or you believe you are being investigated, you need an experienced attorney to represent you. Call Werksman Jackson & Quinn LLP at (213) 688-0460 to discuss your case.
Types of Real Estate Fraud
There are many different actions that can be viewed as real estate fraud. This can include filing paperwork that is suspected of being forged or that contains deceptive information, as well as misrepresenting information about the value of real estate in a transaction. Some forms of real estate fraud can be so subtle that a person might commit them without even realizing it.
In the majority of real estate fraud cases, the prosecution must prove there was intent by the defendant to defraud someone. Proving this intent is often the cornerstone of their argument, and attacking that point is one of the best ways to defend against such a charge.
Penalties for Real Estate Fraud
Real estate fraud may be charged as a local or state crime. Depending on the details of the case – usually the monetary value of defrauded assets or whether it was a repeat offense – fraud can be charged as either a felony or misdemeanor. Penalties for felonies are more severe than misdemeanors, which is why a knowledgeable lawyer will not only fight the charges against you but also work to have them reduced.
Penalties for a real estate fraud conviction can include:
- Incarceration in prison
- Criminal fines
- Financial restitution paid to the defrauded party
Real estate fraud can escalate beyond a lot of other white-collar offenses when federal charges are filed. There is a good chance that the lender was backed or insured through a federal agency. When the lender is allegedly defrauded, the federal government is defrauded, which is why a seemingly simple case can suddenly become a federal offense.
Penalties for a federal conviction can include decades in prison, hundreds to thousands to millions of dollars in fines, and massive criminal restitution demands. Private individuals who show they were affected by supposed real estate fraud can also file civil lawsuits against a defendant. These can result in even more financial penalties for someone accused of fraud.
You Need a Rigorous Defense
No matter what your situation is, you need to protect yourself. If you have been officially charged with real estate fraud, or you believe you are being investigated, you need an experienced Los Angeles federal crime lawyer on your side. Call Werksman Jackson & Quinn LLP at (213) 688-0460 to make sure your rights are protected.
Recent Case Results
- Complete Dismissal of Molestation Charges
Attorney Mark Werksman’s 29 year old client was falsely accused of molesting two neighborhood children and was subsequently charged with felony child molestation, with a significant prison sentence hanging over his head should he be convicted. Instead, at the preliminary hearing Werksman was able to convince the court to grant his client a complete dismissal of any charges.
- Decision Set Aside
Client, a college student in a faulty Title IX case, was awarded $130,000 in attorney fees.
- Probation with No Jail Time for Drug Money Laundering Charge
Wilmington man accused in New York federal court of laundering drug money through the sale of laptop computers. Mark was able to get the case transferred to federal court in Los Angeles, where he convinced the United States Attorney to reduce the charges. His client was sentenced to probation with no jail time on a misdemeanor conviction.