Securities Fraud and Securities Offenses in Washington DC
Securities crimes in Washington DC are generally first investigated by the Securities and Exchange Commission (SEC) and may be prosecuted with the assistance of a number of other government agencies – including the United States Attorney’s Office. At KaiserDillon PLLC we are committed to staying current on the laws as they develop through new case decisions and legislation.
Securities Fraud Prosecutions Are Not Limited To High Profile Cases
Due to recent media coverage most people have heard the term “Ponzi scheme” and know that Bernie Madoff was recently sent to jail for the rest of his natural life as a result of his involvement in a Ponzi scheme. The highly publicized nature of his criminal trial has led many people to falsely assume that only high profile, high value cases are prosecuted by the SEC.
Unfortunately some of our clients know that nothing could be further from the truth. At KaiserDillon PLLC we have seen a number of different Washington DC securities crimes cases. Securities fraud cases come in many variations, including:
* Ponzi schemes which involve the elaborate creation of fake investments, payments and reinvestments. Typically the person orchestrating the scheme will take the funds “invested” by one person to pay a “return” on the investment of a person that had previously invested funds in the scheme. Typically there is no actual investment vehicle and the perpetrator uses some or most of the funds given to him/her for personal gain.
* Insider trading involves the illegal use of private, inside information to make a stock purchase or sale for personal gain. Use of inside information for trading purposes is illegal and considered a securities crime.
* Internet fraud with respect to Washington DC securities crimes involves the use of the internet to provide the public with false information about a stock or company. This information is often used to induce outside investors to purchase the stocks at an inflated price.
* Accountant fraud occurs regularly and is often prosecuted by the SEC without a lot of publicity. Accountant fraud involves misstatements about the profitability of a company to the public and is a prosecutable securities crime in Washington DC.
If you are involved in a securities crime investigation in Washington DC we encourage you to take the investigation very seriously. If you are charged with a security crime you could face a series of very drastic punishments including the loss of personal and business assets, payment of restitution to the victims, payment of fines to the government and time in prison.
If possible, avoiding these devastating consequences is our goal at KaiserDillon PLLC and we use our experience and knowledge of SEC investigations and the law to defend the rights of our clients accused of Washington DC securities crimes. Working with us you will receive the personalized attention you need to mount an effective defense and we will work with you through each step of the process.
Please call us at (202) 640-2850. We are here to help.