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Investigation leads to allegations of money laundering and fraud

On Behalf of | Apr 26, 2022 | White-Collar Crimes |

While one vital aspect of preparing to initiate operations on a new project might involve providing an accurate account of expenses, things do not always go as planned. Construction project needs may be subject to change at times and modifications may lead to cost overrun, but sometimes similar issues can lead to intense disputes and allegations of unlawful behavior. A construction company owner is facing fraud charges following a recent investigation in Florida. 

Fraud investigation 

Reports indicate that the incident began when a person who had hired a company to build a home received a call informing him that the project property developer was exhibiting fraudulent behavior. This prompted an investigation that allegedly revealed that the man had modified project invoices on numerous occasions to falsely increase costs. The owner of the construction company was also accused of seeking payment for services that were never rendered. 

Law enforcement agents claim that the man stands accused of stealing more than $75,000 from the other party in the process. He has also been accused of money laundering after allegedly mingling stolen funds with company assets. As a conviction for similar charges carries severe penalties that could have a lingering impact on one’s life, the man could be in search of guidance on his available options and the best course of action with which to proceed. 

Seeking advice 

Facing fraud charges can be a stressful and intimidating process and those who stand accused of similar offenses could benefit from seeking guidance from an attorney as soon as possible. By consulting with an attorney, an individual in Florida could obtain much needed advice on what to expect from the process and insight in making informed choices about the situation. Such guidance could play a vital role in helping a person better prepare to seek the most favorable outcome possible given the circumstances.