In 2007 and 2008, the American people learned just how devastating reckless behavior on the part of the financial industry could truly be. The financial industry made bad bets, and millions of people lost their jobs as a result.
We're still recovering from the financial crisis. If nothing else, the entire miserable experience made clear just how important it is to keep a close eye on the financial industry.
James Shoemaker is an experienced lawyer. He's seen firsthand just how dangerous financial industry fraud can be. And he can help if you're a victim of such fraud or if you're a whistleblower looking to draw attention to fraud and malfeasance.
If you're looking for a lawyer with experience in financial industry fraud, please call Mr. Shoemaker today at 757-223-4580. Patten, Wornom, Hatten & Diamonstein is located in Virginia, but we welcome cases from across the country.
Examples of Fraud
One of the problems with regulating the financial industry is the field's complexity. It's difficult to keep an industry under control when its inner workings are so difficult to comprehend.
That's why it's important to find an attorney with ample experience in the field of financial industry fraud. Mr. Shoemaker understands the financial issues at play in these cases. He won't be confused by anything that comes across his desk. He knows how to read complicated financial documents.
The complexity of high finance means there's a lot of ways for fraud to find its way into the system. Some common examples of financial industry fraud include:
- “Cooking the books” to make a company look more profitable than it is
- Securities fraud
- Tax fraud
- Ponzi schemes
- Market manipulation
- Fraud related to mortgages and federal programs governing them
This fraud is not theoretical – it's real. And these are not minor, victim-less crimes. Innocent people lose their jobs as a result of financial industry fraud. That's not acceptable.
Whistleblowers are protected by a number of federal laws, including the False Claims Act, the Sarbannes-Oxley Act and the Dodd-Frank Act. But successfully pursuing your rights under these laws requires skilled, experienced legal representation. That's what you'll receive from Mr. Shoemaker.
If you're aware of financial industry fraud and you need advice on how to proceed, please call Mr. Shoemaker today at 757-223-4580 for a consultation.