Laws on Corporate Fraud

Corporate Fraud, sometimes known as business fraud, occurs when any employee or representative of a company, business, agency or organization attempts or does commit theft against that entity for personal gain. In addition the employee or agent must attempt to hide or conceal the theft in order for it to be fraud, rather than just a theft. Typically this includes altering documents, falsifying reports and otherwise misrepresenting information to the company along with actually stealing something of value, which may include other items besides just money. Corporate fraud could include stealing time or labor from the company if documents are falsified to support the crime.

Corporate Fraud Penalties

Corporate fraud charges are typically filed when the value of the theft and concealment of the theft is significant. It is hard to determine how many employees are just let go without any fraud charges being pressed, however many businesses are now actively seeking both criminal and civil cases when this type of activity is discovered.

Possible Penalties

• Jail time
• Probation
• Significant fines and fees
• Restitution

Corporate Fraud Sentencing

Typically a court jury and Chief Judge will look at all the evidence provided and also at the prior history of the individual that is charged. Often these cases are difficult to prove in some aspects, especially if there are gray areas about what is allowable as a business expense and what was to be carried by the individual, or what was considered company time and what was possibly provided as time in lieu of wages or other factors. Working with a criminal defense attorney familiar with corporate fraud cases is important in getting the best and most effective defense to these types of charges.

Should You Hire An Attorney For Corporate Fraud?

Since there are heavy fines and possible jail time, plus the possibility of civil suits, it is essential to work with an experienced criminal defense attorney as soon as you are aware of the charges. Corporate fraud charges and allegations can impact your ability to find work, so getting these charges dismissed if at all possible is critical.

• If you have been charged with Corporate Fraud, Submit Your Case for a Free Review from a skilled DUI Criminal Defense Attorny.