Bank fraud is a white collar crime that is often addressed through the federal courts.
Organizations – usually overseas – will hack into banks or illegally obtain debit or credit card information through ATM machines. The organization will then create duplicate cards in order to take money out of the person’s account.
This operations can be so sophisticated, the organization can hack into the banks and ATMs to remove or increase the daily withdrawal limit. They can also steal the person’s identity, open new credit lines, take out mortgages, etc.
Bank fraud is a very serious allegation. If you have been charged with bank fraud, it is absolutely imperative that you contact NYC white collar crime attorney Paul D. Petrus, Jr. immediately to begin formulating your defense. Attorney Petrus offers free initial consultations.