Latest News 2014 April Man Convicted of $50 Million Fraud

Man Convicted of $50 Million Fraud

A man in the Baltimore, Maryland area has reportedly been convicted of a $50 million fraud matter. According to reports, he was convicted of conspiring to fraudulently obtain more than $50 million in government contracts. He is now facing five years in prison. In the fraud matter, he defrauded the Small Business Administration Section 8 program which assisted disadvantaged small businesses that needed federal contracts. By hiding the fact that he, not another man, was in control of the company and operations, he was able to get $50 million in contacts. In turn, he paid the other man millions.

It's important that you understand the seriousness of fraud charges as they can result in heavy fines and possible jail time among other consequences. You need to know how to handle your case and protect your rights during this difficult time. You do not have to suffer if your matter is resolved in the best way possible. By employing assistance with your case, you will be able to move forward with your life. If you or someone you know is facing fraud charges then it is in your best interest to work with a criminal defense attorney who will be able to help you settle this matter. By working with a defense lawyer, you will have your rights protected throughout this process. You can count on a defense attorney to always have your best interest in mind while dealing with court proceedings. Please take some time today to contact a criminal defense lawyer and begin discussing your case.

Categories: Criminal Defense, Fraud

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