May 26, 2020
White Collar and Fraud Crime Attorney: Equity Skimming of a Vehicle
Equity skimming of a vehicle is a serious criminal allegation, and a skilled, knowledgeable Denver criminal defense lawyer is required to defend one so accused.
In certain circumstances, one may be charged with equity skimming of a vehicle if he or she accepts possession of or exercises any control over a vehicle in exchange for consideration, and:
- Sells or leases a vehicle to a third party without obtaining the secured creditor’s, lessor’s, or lienholder’s written authorization; or,
- Arranges the sale or lease of another’s vehicle without obtaining the secured creditor’s, lessor’s, or lienholder’s written authorization.
Equity skimming of a vehicle constitutes a class 6 felony.
When charged with equity skimming of a vehicle, a skilled Denver criminal defense attorney is essential. Contact our Denver criminal defense lawyer today to discuss your options.