Denton Criminal Lawyer

Understanding Wire Fraud Charges

Although wire fraud is considered a “white collar” crime, these charges are serious and the associated penalties can be heavy. Often, wire fraud charges are pursued on a federal level for a crime that otherwise would have only been a violation of state law. Those who are convicted face steep fines and jail time, and life after such a conviction can be fraught with difficulty.

Wire fraud charges are serious and require an experienced defense team. Contact the Denton fraud defense attorneys of Alexander & Associates today at 972-420-6560 to speak with someone about your case.

Elements of Wire Fraud

Wire fraud is a charge often associated with suspected Ponzi schemes or similar situations. In order for prosecutors to be successful in convicting someone of wire fraud, the following three elements must be present:

• The defendant must have come up with a plan to defraud someone based on a material representation
• They must have carried out this plan with the intent to defraud
• They must have used interstate electronic communication of some kind, which can include radio, telephone, or online correspondence

Also, if the alleged victim is a financial institution, the penalties for the crime can be even higher, should the defendant in question be found guilty.

Contact Us

Wire fraud is a serious charge. The penalties of a conviction can mean serious financial loss as well as time spent in prison. Recovering from a conviction can be extremely difficult. If you or a loved one is facing wire fraud charges, you need an experienced and dedicated legal team to work on your defense. Contact the Denton fraud defense lawyers of Alexander & Associates by calling 972-420-6560 today.