The term “internet fraud” generally refers to any type of fraud scheme that uses emails, online advertisements or websites to solicit prospective victims, conduct fraudulent transactions or transmit proceeds from the scheme to financial institutions.
While internet fraud schemes may affect people worldwide in a matter of seconds, defending against fraud charges requires the rectitude and experience of white collar defense attorneys who have spent decades investigating, defending and prosecuting fraud.
Federal Authorities Are Stepping Up Efforts
The frequency of prosecutions in this area is increasing, and the penalties are severe. The Department of Justice has criminally prosecuted defendants for a wide variety of internet-related offenses, including identity theft, false online auctions and fraudulent investment schemes.
Additionally, the Federal Trade Commission has investigated multiple retail schemes, and the SEC has sought enforcement actions for numerous internet market manipulation schemes, which are characterized by the dissemination of false information on the internet to effectuate dramatic, upward price shifts in stock price and the subsequent sale of such stocks when the market is artificially high.
We know how these crimes and civil violations are investigated and this knowledge informs the defense strategies we develop for our clients.
The attorneys of Hilder & Associates, P.C., have advised and represented targeted individuals and businesses accused of complex fraud schemes in both the criminal and civil litigation context. We have also launched internal investigations to reveal fraudulent schemes of which the business or client was unaware, and we have helped set up mechanisms to prevent such activities from the beginning.