Bank Fraud Charges in Florida: State and Federal Cases Explained
Bank fraud allegations can come from many situations, such as loan applications, checks, account activity, or pandemic-era relief programs like PPP loans, and they’re often investigated long before anyone is charged. Bank fraud cases are typically federal crimes prosecuted by federal prosecutors, though some related conduct can also be charged in Florida state court.
This post explains in general terms how bank fraud cases are generally handled under Florida law and in the federal system, at the time of this writing. Every case is different and laws change, so the best way to get answers about a specific situation is to call Attorney Ron Frey for a free and confidential consultation at (813) 775-2276 or toll-free at (844) 766-3739.
The Laws Involved
Federally, bank fraud is generally charged under 18 U.S.C. § 1344 (bank fraud), which covers schemes to defraud a financial institution or to obtain its money or property through false statements. Related federal charges can include wire fraud under 18 U.S.C. § 1343. In Florida, related conduct may be charged under Section 817.034, Florida Statutes (the Florida Communications Fraud Act), or under Chapter 831 (forgery and uttering). As always, laws are subject to change and revision, so contact Attorney Ron Frey to discuss the details of your case and the current status of the law.
How Federal Bank Fraud Cases Generally Work
Bank fraud cases are typically investigated by federal agencies, such as the FBI or the bank’s federal regulators, often after a bank flags suspicious activity. These investigations can take months or years, and a person may first learn about one through a target letter, a subpoena, or a visit from agents. In the Tampa area, these cases are generally prosecuted in the Middle District of Florida.
Federal bank fraud can carry significant penalties, and prosecutors may also seek restitution and forfeiture of money or property they claim is connected to the alleged offense. Attorney Ron Frey reviews how the evidence was gathered, what the government can actually prove about intent, and whether the facts support the charges at all.
When Florida Charges Related Conduct
Some bank-related conduct, such as forged or altered checks, fraudulent account activity, or schemes involving smaller amounts, may be charged in Florida state court instead. The value involved generally affects how serious a state charge is. Because the same facts can sometimes lead to state charges, federal charges, or both, it’s important to talk with Attorney Ron Frey early to understand where the case may be headed.
Talk With Attorney Ron Frey
If you’ve received a target letter, been contacted by federal agents, or been charged with bank fraud, getting counsel early can matter. Attorney Ron Frey has a financial background, with degrees in finance and economics from John Carroll University, and has been named a Super Lawyer with a 10.0 Avvo rating. He also handles cases in federal court, including the Middle District of Florida. Call (813) 775-2276 or toll-free at (844) 766-3739 for a free and confidential consultation. Texts are welcome too.
Disclaimer: This post is for general informational purposes only and is not legal advice. Reading it does not create an attorney-client relationship.