Mortgage Fraud Crime
David Wroblewski & Associates – Defending Those Accused of Mortgage Fraud
One of the most widely covered issues by the media recently is the mortgage crisis in the United States, as millions of people have already gone through a foreclosure or are facing that prospect due to their inability to keep up with the payments on their adjustable rate mortgages. When this happens, collective outrage rises on the part of the public, and the government takes notice of such an outcry.
As a result, law enforcement officials have begun to aggressively investigate and prosecute people associated with the mortgage industry for charges that include mortgage fraud. The correlation between the public’s awareness and the government’s reaction is no accident, and if you are facing such a situation, you need to act now to secure your rights.
Below is a brief overview of the mortgage fraud issue in Arizona, and before you attempt to handle this legal problem yourself, you need the help of the criminal defense attorneys at David Wroblewski & Associates to make sure that your rights are protected. Contact the firm today to schedule an initial consultation.
Potential Defendants
The first place to look for problems with this issue from a criminal defense standpoint is to identify those people who have become the targets of government investigations. Below are a few examples of those who have come under scrutiny:
- Mortgage brokers
- Real estate agents
- Appraisers
- Buyers
- Sellers
- Mortgage companies
Each of these categories creates opportunities for someone to commit mortgage fraud, as each plays a clearly-define role in any sale of a home or property.
Types of Charges
Prosecutors are charging defendants with many different crimes in conjunction with their investigations, and a few examples of these charges include:
- Fraudulently inflating property value
- Bribery
- Offering and/or accepting ‘kick-backs,’ which are illegal commissions
- Identity fraud
- Property flipping
Of course, this is far from an exhaustive list, but the potential for severe punishment for anyone convicted of a crime within this issue is high. All of these crimes can be punished by years in prison and come with substantial fines and penalties upon a conviction, and many who are convicted also face civil lawsuits after the criminal prosecution is completed.
Your Next Step
If you face any sort of legal problem that relates to mortgage fraud in Arizona, you need to act now to make sure that you are properly protected. Contact the criminal defense attorneys at the Arizona law firm of David Wroblewski & Associates today to schedule an initial consultation.