Counterfeit Schemes And Wire Fraud: Defending Your Rights In Illinois
When facing wire fraud charges in Illinois, you’re up against serious state and federal accusations. These complex cases demand an aggressive and experienced defense. At Pissetzky Law LLC, we stand ready to vigorously protect your rights against these charges.
Our hard-hitting approach and experience in high-stakes criminal cases make us the go-to firm for defendants battling wire fraud charges in Chicago and throughout Illinois.
Understanding Federal Wire Fraud Charges
Both Illinois state law and federal law criminalize wire fraud, but it is a much more common charge in federal cases. Wire fraud occurs when an individual devises or intends to devise a scheme to defraud or obtain money or property by false pretenses, representations or promises. This scheme is executed using electronic communications such as a telephone, radio or television.
Wire fraud can involve various types of schemes, including but not limited to:
- Investment scams
- Phishing and identity theft
- Counterfeit goods operations
- Fraudulent business opportunities
- Wire fraud conspiracy
Our experienced wire fraud lawyers understand the complexities of these financial crimes and how to challenge each element effectively.
Consequences Of A Wire Fraud Conviction
Under Illinois law, wire fraud is a Class 3 felony. The penalties can be severe:
- Two to five years in prison (extended term of five to 10 years possible)
- Fines as determined by the court
- Restitution to victims
- Potential asset forfeiture
When prosecuted federally, penalties can be even harsher:
- Up to 20 years in federal prison
- Fines up to $250,000 for individuals or $500,000 for organizations
Federal charges may carry additional enhancements, especially if the crime:
- Affected a financial institution
- Was connected to a presidentially declared disaster or emergency
- Targeted vulnerable populations, such as older adults
A conviction at either level will result in a permanent criminal record, which can severely impact one’s future prospects and personal life.
Cases Can Cross Jurisdictional Lines And Come With Severe Consequences To Your Life
Wire fraud cases often cross jurisdictional lines. In Illinois, wire fraud can occur in multiple locations based on where the transmission is sent, received or accessed. This means you could face charges in multiple counties or at both state and federal levels. The stakes are incredibly high, and the consequences can be devastating.
Our wire fraud attorneys understand the gravity of these charges and will use our experience in both state and federal courts to give you a fighting chance. Call 312-239-8292 or email us to schedule a consultation with our Chicago or Northbrook offices today.
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