February 14, 2019
White Collar and Fraud Crime Attorney: False Financial Statements
False financial statement offenses are serious criminal allegations, and a knowledgeable, skilled Colorado criminal defense lawyer is required to defend one so accused.
In certain circumstances, one may be charged with false financial statement offenses if the individual, with fraudulent intent:
- Makes or utters a written instrument purporting to describe the financial condition or ability to pay of some individual which is reasonably relied upon yet false in some material respect; or,
- Represents in writing that a written instrument inaccurately describing an individual’s ability to pay, with knowledge the instrument is reasonably relied upon yet materially false in that respect; or,
- Upon filing an application for a financial transaction device with an issuer, makes a false statement or report, reasonably relied upon, and is relative to the individual’s name, assets, occupation, liabilities, or financial condition; or if the individual substantially overvalues assets or willfully omits or undervalues debt in order to the issuer.
False financial statement offenses may be a class 6 felony, or a class 1 or 2 misdemeanor, depending upon the circumstances of the case.
When charged with false financial statement offenses, a skilled Denver criminal defense attorney is essential. Contact our Denver criminal defense lawyer today to discuss your options.