Financial Crime Lawyers in Edmonton and Alberta
The penalties for financial crimes vary greatly with the level of the crimes.
Many people charged with a low-level financial crime are legitimate business owners facing the criminal justice system for the first time.
If you have been charged with fraud or another financial offence, you may be worried about damage to your business and reputation in addition to fines and potential jail time.
If you are facing more serious charges or have a prior criminal record, you are understandably concerned about lengthy imprisonment.
Regardless of the severity of your charges, our experienced Alberta financial crime lawyers are here to help. With decades of experience in criminal law, we have successfully defended clients against every financial charge in the Criminal Code.
Our office is based in Edmonton, however, we defend against financial offence charges in all Alberta jurisdictions.
Financial Criminal Offences & Penalties in Alberta
If you are being investigated or have been charged with any financial crime in Alberta, it is critical to seek the counsel of an experienced financial crime lawyer immediately. Do not speak to the police without a lawyer present to protect your rights.
The legal team at Chadi & Company offers strong and effective advocacy throughout every step of the criminal process, from police investigation and bail hearings to trial.
Examples of common financial offences and their corresponding penalties include:
Fraud is the use of false representation or deceit with the intent to deprive a person or the public of property, money, or any valuable service. According to the Criminal Code:
- The punishment for fraud under $5,000 is a maximum imprisonment of two years;
- The punishment for fraud over $5,000 is up to 14 years imprisonment.
Money laundering involves the intent to conceal property or proceeds from property knowing that it resulted from a criminal offence. If indicted, the maximum sentence is up to 14 years; if summarily convicted, it is two years.
Counterfeiting is the fraudulent creation of products or money with the intent to use it as a valid item. Counterfeit products include merchandise, such as handbags or electronics; or documents, such as government licenses or currency. A counterfeiting conviction carries a maximum sentence of up to 14 years imprisonment.
The penalties vary greatly based on the specific offence and the presence of any aggravating circumstances. Even if you’ve been charged with a relatively minor offence, an experienced Alberta financial crime lawyer can be the difference between a dismissal or reduction of your charges and a lengthy time in prison.
Defending Financial Crimes in Alberta
As with any criminal charge, every financial crime case is unique and the best defence will depend on your circumstances and the quality of your legal counsel.
A skilled criminal defence lawyer will go over the details of the investigation and arrest to determine whether your rights were violated, and look for weaknesses in the prosecution’s case to position you for the best possible outcome.
Contact Chadi & Company Today
If you are facing financial crime charges, the experienced legal team at Chadi & Company can help.
We have been protecting the rights of individuals charged with criminal offences for over three decades, and we have an impressive track record of getting charges reduced, or dismissed entirely.