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Securities & Commodities Fraud

Due to the huge financial losses and economic stress that securities and commodities fraud places on both individuals and the economy, federal agents and prosecutors diligently and aggressively target alleged fraudsters. And the penalties can be massive. In order to fight the charges, you need the help of an experienced and capable securities and commodities fraud attorney. At Grabel & Associates, our federal lawyers will provide a no-stones-left-unturned legal approach combined with aggressive criminal defense strategies to keep you out of jail.

For a free consultation with our law firm, call our federal criminal defense lawyers today at 1-800-342-7896.

Integrated global markets have provided a whole new variety of investors with the means to expand and diversify their stock portfolios. At the same time, however, this growth has also led to an increase in the amount of fraud and misconduct in the securities and commodities market. Known as securities and commodities fraud, this white-collar federal crime is essentially characterized by deceptive practices designed to induce investors to buy or sell based on false information.

Federal Laws Regarding Securities and Commodities Fraud

Similar to many other types of fraud offenses, securities and commodities fraud typically involves complex schemes that induce others to put forth money or assets on false pretenses. To curb this type of fraud, it is a crime at both the state and federal level, and federal agencies such as the Securities and Exchange Commission (SEC) and the FBI play a major role in investigating and prosecuting individuals suspected of committing fraud.

A securities fraud offense violates one or more of the following federal statutes:

In many cases of fraud, there are similar individuals who are charged. These people often include:

  • Corporate executives suspected of insider trading
  • Business executives suspected of falsifying accounting entries
  • Investment brokers suspected of misrepresenting financial products

It is important to note that this type of fraud doesn’t always involve high-level corporate officers, and in some cases, a securities and commodity fraud scheme didn’t violate one or more of the above federal statutes.

Types of Securities and Commodities Fraud Schemes

Fraud has always been an ever-growing field, and sometimes, fraudsters are one step ahead of the federal agencies. As such, fraudsters are constantly coming up with new types of schemes. Some of the most common types of securities and commodities fraud include:

  • Ponzi schemes
  • Pyramid schemes
  • Prime bank investment fraud/trading program fraud
  • Advance fee fraud
  • Promissory note fraud
  • Commodities fraud
  • Broker embezzlement
  • Market manipulation

Another common type of fraud is individual securities fraud. In this type of fraud, market insiders disseminate false or misleading information in an effort to influence stock prices. Corporate securities fraud, on the other hand, occurs when corporate employees use their business to carry out fraudulent schemes. Sometimes, these corporate employees misrepresent or withhold information about the corporation in public filings in an attempt to influence stock price. Other types of fraud may include microcap fraud, boiler rooms, and “short and distort” practices.

Penalties for Securities and Commodities Fraud

Generally, when federal agents investigate suspected fraud, they are seeking to charge everyone involved with the scheme. A conviction for securities fraud, however, can result in massive penalties, including both civil and criminal penalties.

  • Fines for securities fraud often depend on the circumstances. Insider trading, for example, can result in upwards of $5 million in fines. Other types of securities fraud can result in fines of $10,000 or more.
  • Imprisonment for securities fraud can include a 5-year federal prison sentence per offense.
  • Restitution is a common penalty in cases of securities fraud because this type of fraud often involves investors, employees, clients, or others who suffer a financial loss.

The Importance of a Securities and Commodities Defense Lawyer

Most cases of securities and commodities fraud involve a wide array of complicated facts and extensive federal investigations. Furthermore, due to the fact that a conviction can result in lengthy imprisonment, huge fines, and a ruined career, you should speak with a federal crimes defense lawyer as soon as you discover that you’re under investigation or under arrest. With the help of a Grabel & Associates attorney, we will fully evaluate the case and provide crucial legal advice regarding your next steps moving forward. Moreover, we will tirelessly work to develop our own evidence challenging the prosecution’s narrative and evidence.

To get started on your case, contact our federal fraud attorneys today by dialing 1-800-342-7896. Free emergency consultations are available 24/7.

Client Reviews

If you are reading these reviews you are about to make a decision that will have a large impact on the rest of your life. I choose Grabel and Associates to represent me in my case and I could not have been more satisfied with the level of professionalism and dedication to their clients. I had the opportunity to meet and work with multiple lawyers in the practice all of which showcased a vast knowledge and understanding of the inner workings of the legal system. When you choose Scott Grabel to represent you will open yourself up to all of his resources. Depending on your case Grabel knows experts in all fields. I worked with polygraph examiners, investigators, and forensics experts. Grabel and Associates will defend without prejudice of innocence or guilt. Scott Grabel was able to lead me through every step of the process with great communication the whole way. I would recommend Scott Grabel and Associates to my friends, family and anyone who is in need of representation. B. A.
Best attorney in state of Michigan. Caring and a true friend. Scott was with us every step of the way. He fought for a great injustice for our son and was able to provide an outcome that gave his life back. L. A.
Scott and his firm did an awesome job representing a family member of mine, I would highly recommend him and his firm! They were extremely reliable, trustworthy and very informative and did a great job with the case. I couldn't be happier with the results that we received, I can't speak highly enough about the great job he did. If you are thinking about using his firm, I would highly recommend, I would definitely use his firm again if needed, he is an a great attorney with a great firm, you won't be disappointed! M. F.