How to Hire a Suitable Investment Fraud Lawyer: All You Need to Know

By Allen Brown

According to a report prepared by the Federal Bureau of Investigation and released late last year, white-collar crime profits for people who commit them are estimated at more than 5 billion dollars. This figure takes into account all of the different types of white-collar crime.

White-collar fraudsters are incentivized to commit their crimes with this kind of return. If you've been a victim, how do you get back your money? Worse, if you're accused, how do you defend yourself?

What is a fraud lawyer?

Just as there are different types of offenses against the law, there are lawyers to deal with them. Fraud, as well as any other white-collar crime, is handled by an attorney who specializes in the field. Such a lawyer does not handle minor cases but deals with only complex criminal investigative matters and pursues prosecution of serious cases such as fraud, embezzlement, and extortion.

There are also different types of fraud lawyers. The first one is the auditor. These lawyers are concerned with things like bank or credit card fraud, insurance fraud, and Medicare fraud, just to name a few. They investigate cases involving corporate malfeasance in accounting and ensure that companies do not break any laws on public disclosure of important information such as financial records.

The second type is the enforcement lawyer. These are people who work for a government agency such as the FBI or the Securities and Exchange Commission. They help find investors to put money into companies in order to save them from bankruptcy.

The last type is what you would call a criminal defense fraud lawyer. They handle complex cases of alleged white-collar crimes like any charge of fraud, embezzlement, or extortion.

How to hire the right lawyer for you

Now that you know the different types of lawyers, how do you pick the right one?

First, make sure that the attorney specializes in white-collar criminal law. The specialists at this California broker negligence firm can help you. You will also need to look for a lawyer who has good credentials and one who has experience in handling complex cases of fraud, embezzlement, or extortion.

It is important to hire the right attorney first as this will help increase your chance to win your case. If you are the one defrauded, they can help you recoup your losses, as well as see the perpetrators brought to justice. But if you are the one charged with committing fraud, embezzlement, or extortion, they can help you defend yourself against the charge.

Consider these key aspects when considering the right attorney for you:

The attorney's reputation

Before you hire a fraud lawyer, do a "background check" on his reputation. Visit their, and others, websites and read the reviews left by previous clients to find out if they had any good or bad experiences with them. You can also ask for recommendations from your friends and family members who have similar cases to yours.

Fees and billing rates should be reasonable

You do not have to worry about paying more than you can afford, as most lawyers will be able to give you a good estimate on how much you will spend upfront, no matter what type of case it is. There are also portioned fees for staying services based on the amount you are charged in the end.

Someone who can tell you what's next

Once you have an idea of what kind of lawyer you would like to hire, make sure that he or she can provide additional information on how to get your money back, if it involves investment fraud cases, or if there is any way for you to initiate a lawsuit.

What else can a fraud lawyer do for you?

Fraud lawyers can also help with cases involving accounting and tax violations, as well as contract law. While these offenses may seem relatively minor compared to other crimes like murder or rape, when committed by a person or an entity, they can cost you not just your hard-earned money, but also your reputation in the community and potentially put you behind bars.

If you think you have been victimized by a white-collar criminal, do not hesitate to contact an attorney who specializes in these cases. Like any other attorney, many fraud lawyers work on a contingency fee basis which means if they win your case, then they will charge you a specific amount as their fee. And if they do not win the case, then you are not charged anything for hiring their services. With their fees based on contingency, it is better to hire a fraud lawyer to handle such serious cases because, even if they lose, at least you have tried your best to resolve the issue.

We hope that these tips have been helpful in your journey to find a suitable investment fraud lawyer. If you are still unsure of what to do, do not hesitate to get expert guidance.