The state of Pennsylvania takes all allegations of fraud very seriously, and lenders or borrowers can face criminal charges if they lie about or omit certain information during the mortgage application process. In certain cases, alleged offenders may also face federal charges for this type of fraud.
The penalties can be quite severe if a person is convicted of this offense, with punishments including several years of imprisonment, substantial fines, and possibly even restitution to victims. Prosecutors will aggressively pursue maximum sentences in these cases.
If you have been accused of any type of fraud relating to mortgage loans, you will want to make sure that you are working with an experienced Pennsylvania white collar defense attorney. Michael J. Skinner is admitted to practice in state courts throughout Pennsylvania as well as the federal United States District Court for the Eastern District of Pennsylvania.
The Skinner Law Firm defends mortgage fraud clients from all over Chester County and surrounding areas in Delaware County, Montgomery County, and Lancaster County. Contact (610) 436-1410 today to have your case reviewed during a free, confidential consultation.
Some of the specific types of illegal activity that can result in this type of criminal charge including:
The classification of this type of fraud depends on the specific charges involved, but punishments for a conviction in Pennsylvania may include:
It should be noted that a federal conviction for this crime can result in up to 30 years in prison and fines of as much as $1 million.
There may be several defenses that can help a person overcome these types of allegations. Some successful defenses include, but are not limited to:
Michael J. Skinner is a former Assistant District Attorney of Chester County. He understands how prosecutors handle these cases and know what weaknesses to look for when it comes to evidence.
The Skinner Law Firm represents clients throughout Montgomery County, Delaware County, Lancaster County, and Chester County. Let our firm review your case and help you understand your legal options by contacting (610) 436-1410 right now to schedule a free consultation.