Financial Fraud Law

The word fraud means dishonest act and behavior by an individual or intends to gain profit over another individual. It is pertinent to mention here that fraud has not defined in Indian Penal Code. However, the provision related to cheating, concealment, forgery, counterfeit and breach of trust has been thoroughly elaborated in Indian Penal Code.

Financial fraud means misappropriation of fund. This kind of offences runs into crores and crores of rupees. This kind of crime is considered as white collar crime. However, sometime innocent person can be falsely implicated because of their political and business rivalries.

Financial, or finance fraud is a fraudulent or deceptive business practice that occurs during a financial transaction. Financial crimes can happen in different ways such as bank fraud, credit card fraud, and billing fraud. It can affect individuals, companies, organizations, and even states.Our top financial fraud lawyers represents client in financial fraud class action lawsuits. Our financial fraud lawyers also represent victims of securities fraud and investment fraud, including people who lost money Real Estate Investment Trusts (REITs), and Exchange Traded Funds (ETFs). Employee theft, forgery, misrepresentation and unscrupulous business practices also fall into financial fraud activity.

Our best financial fraud lawyers review the case of the clients carefully and suggest the best legal action of the rights of the victim also and recommend future practices to safeguard you from fraud.Our team has experienced credit card fraud lawyers, bank fraud lawyers, legal counsels specializing in cases related to securities and investment management and other related crimes.

Types of Financial Fraud

  1. Identity fraud– Someone impersonates you and uses your personal information to steal money. It is common on Internet. Fraudsters give instructions to banks for fraudulent money transfer. Financial fraudsters send e-mails to people in the name of RBI to trap the consumer, in which the message is written that RBI will pay millions, crores of rupees in your name. For this, you have to give your full name, bank account etc. information. Frauders take complete information from you through e-mail. After taking complete details of your bank account, they fraudulently manipulate the money from your account.
  2. Skimming – This involves stealing information of a credit card during a legitimate transaction. Fraudsters swipe the card through an electronic device known as a “wedge” or “skimming device” which records all information contained on the magnetic strip.
  3. Fund Transfer scams -You are asked through an advert or email to receive a payment into your bank account, and to send it abroad in return for receiving a commission.

Any kind of fraud in banking activities does not just affect the bank, but it has a bad effect on its customers and society. The Supreme Court said that in such cases, courts should not take any kind of prejudice. A bench of Justices SJ Mukhopadhyay and Ranjan Gogoi held that corruption of conduct dominates in such a crime. The accused in such cases should not be left just after paying the money. Our financial fraud lawyers are expertise in dealing matters of financial fraud related to bank transactions. We have a number of running financial fraud cases at various consumer courts and district courts. Our team of lawyers is keen observer and they keep eyes on the Supreme Court observation on financial fraud cases. Our goal is to do everything possible to help you avoid being convicted of financial fraud by making it impossible to prove a case against you.  We make strong arguments and negotiate a favorable plea. Our motive is to provide our clients strong legal representation.

In recent years, the number of innocent individuals and corporations has fallen into the trap of someone else’s fraudulent behavior regarding finances management. If you have ended up being accused of funds misappropriation and are investigated or charged with related crimes contact our best financial fraud lawyers who are experienced and experts in the field of defending the financial fraud cases.  Our financial fraud lawyers have successfully provided legal representation to business professionals such as financial advisors, brokers, board members, as well as to corporate clients engaged in financial activities and their representatives. Our experienced financial fraud lawyers have the skills and strategies that safeguard the accused from jail and probation.

Our financial fraud legal team has extensive experience that is providing legal representation in cases where clients have been accused of financial fraud. Our goal is to do everything possible to help you avoid being convicted of financial fraud by making it impossible to prove a case against you.  We make strong arguments and negotiate a favorable plea. Our motive is to provide our clients strong legal representation. Our top financial fraud lawyers do everything possible to avoid or minimize consequences of a financial fraud. Our law firm defends client accused of committing wide variety of financial fraud crime. Penalties for financial fraud vary depending upon variety of fraud you are charged. Our financial fraud lawyers are competent to deal with complex financial fraud cases. Our financial lawyers are experts to deal with the accusation of financial fraud.

Our law firm is having a pool of best financial Froud lawyers who can assist bankers, banking companies on account of serious financial fraud. Our law firm also stood behind those individual or corporate who have been falsely implicated into such cases.