Insurance Fraud in Kansas City | Banking & Money Crimes

The majority of banking crimes and insurance fraud offenses are considered white collar crimes, and generally do not involve violence or physical injury to others. However, it is important to note that although these types of offenses are not usually violent or heinous, the penalties for those convicted can be extremely harsh. Whether you have been accused of forging checks, loan fraud, making false statements, falsifying loan documents, or intentionally defrauding an insurance company, it is crucial to discuss your situation with a skilled and knowledgeable Kansas City bank crimes lawyer. At The O’Connor Law Firm, we provide outstanding legal guidance and support, fighting aggressively on behalf of each of our clients regardless of the severity of the charges.

Missouri Banking and Insurance Crimes

There are many fraudulent offenses that may result in someone being charged with a banking or insurance crime, including but not limited to wire fraud, loan fraud, mortgage fraud, mail fraud, and intentionally making a misleading or false statement when filing an insurance claim.

Whether an individual or company, these allegations should never be taken lightly. Banking and insurance fraud convictions often result in prison time, fines, and other punishment that can change your life. Prosecutors are aggressive when pursuing those suspected of crimes related to financial institutions or insurance. As seasoned Kansas City criminal defense attorneys, we know that the prosecution must prove specific elements of a crime in order for a defendant to be convicted. We fight the charges against you every step of the way, challenging the evidence, performing our own investigation, and determining all legal options and potential defense strategies in an effort to protect your freedom and secure exceptional results.

What are the Criminal Penalties for Those Convicted of Banking & Insurance Crimes or Fraud in Kansas City

Regardless of the state you reside in, bank fraud charges are considered federal crimes and are prosecuted on the federal level. This means that you could ultimately face decades in prison, along with substantial fines and a criminal record. Insurance crimes are extremely serious as well, resulting in jail/prison time, fines, and other punishment for those convicted.

Depending on the specific crime you are charged with, a conviction could result in fines of up to $1 million and/or a maximum of 30 years for bank fraud. With insurance fraud, the punishment depends on whether the offense is considered a “soft” or “hard” fraud. Penalties may range from probation, community service, or up to one year in jail to any number of years in prison, along with monetary fines.

For many people, having a criminal record is the most damaging consequence of all as it will affect your career, employment and housing opportunities, and more. You must take action immediately to fight the allegations against you.

Contact The O’Connor Law Firm Now

Whether you are accused of falsifying documents with the insurance company, making false statements, wire or loan fraud, forging checks, or overstating the damages on an insurance claim, your freedom and reputation may be in jeopardy. It is urgent you consult with a skilled and experienced Kansas City insurance fraud attorney right away in an effort to minimize the potential damage to your future. For outstanding legal representation, contact The O’Connor Law Firm today for a free consultation at 1-816-567-MATT.