Online Investment Fraud and Solicitation
Internet Crimes Defense Lawyer Assisting Clients in Los Angeles
When an online investment site lures victims to invest in a fictitious company or scam, it is a crime of fraud. Online investment scams include Ponzi schemes, pyramid schemes, or advance fee fraud. In these scams, the victims invest money with the perpetrators of the fraud, being promised high returns on their investment. In truth, the money they invest is not used in a legitimate investment operation but used to pay off earlier investors. This type of scam continues until the money is gone and the entire scam collapses.
If you or someone you know has been charged with or is under investigation for online investment fraud and solicitation in Los Angeles, it is in your best interests to consult with a Los Angeles internet fraud defense attorney at our firm. Our legal team has been defending clients facing criminal charges in the Los Angeles area for decades. We are well-versed in all aspects of criminal law, including internet crimes at both the state and federal level. We can provide aggressive and dedicated representation for you, both in court litigating your defense and out of court, investigating your case and negotiating with prosecutors, law enforcement, and judges.
The Internet Crime of Online Investment Fraud and Solicitation
Online investment fraud may also be conducted through schemes such as advance fee loans, charity scams, scholarship scams, prizes and sweepstakes, multilevel marketing, Nigerian money offers, bogus credit card offers, buyers clubs and more.
These crimes of fraud may be charged as misdemeanors or felonies, depending on the type of crime, the number of victims defrauded, and the amount of money taken in by the offenders. Punishments for investment fraud and solicitation include prison time, heavy fines, restitution to the victims, and probation. It is best to speak directly with a Los Angeles internet fraud defense lawyer at our firm about the specifics of your case to receive appropriate legal counsel.
Contact a Los Angeles Internet Fraud Defense Attorney
at our firm if you are facing charges of online investment fraud and solicitation in Los Angeles.