Fort Lauderdale Mortgage Fraud Lawyer
Known as one of the most notorious crimes in the country, mortgage fraud
is a growing crime that hurts businesses, homeowners and the national
economy. The government is continually working on new ways to detect and
track down mortgage fraud, and more individuals have been charged with
this crime in recent years than ever before. Mortgage fraud is defined
as the intent to materially misrepresent or omit information on a mortgage
loan application to obtain a loan or a larger loan than one would have
received under truthful circumstances.
There are numerous types of mortgage fraud that can occur, including income
fraud, occupancy fraud, employment fraud, fraud for profit and more. This
criminal offense affects all of the parties involved in the mortgage acquisition
process, and Florida ranks 2nd in the country for its large number of
reported mortgage fraud cases. If you have been accused of a form of mortgage
fraud, act now to protect your rights and call an experienced criminal
defense lawyer in Fort Lauderdale at the distinguished
criminal defense firm of Parks & Braxton, PA.
Penalties for Mortgage Fraud in Fort Lauderdale
Thanks to the Fraud Enforcement and Recovery Act of 2009, the penalties
for being convicted of mortgage fraud have significantly increased. This
Act provides nearly half a billion dollars in additional funding to government
agencies such as the FBI for the investigation of financial fraud and
mortgage fraud. It is vitally important to have the backing of a tough
defense attorney who can help fight for your rights if you have been accused
of mortgage fraud, and the team at Parks & Braxton, PA has the experience
you are looking for.
Contact the Team at Parks & Braxton, PA 24/7
With over 50 years of combined legal experience, the defense attorneys
at our firm are well-acquainted with the laws that protect your rights.
We work tirelessly to build a strong defense case against your charges
so that you can avoid the serious penalties of mortgage fraud. If convicted,
you may face up to 30 years in prison and up to $1 million in fines. Don't
risk the possibility of these horrific penalties, call our firm today.
We have already handled thousands of successful cases and we are available
to take your call 24/7.
Contact a Fort Lauderdale mortgage fraud lawyer
at Parks & Braxton, PA to schedule your free and confidential consultation!