Boiler Room Fraud Lawyer in Miami
Skilled Miami White Collar Crimes Lawyers Can Fight For You
The phrase “boiler room” describes a sales operation that uses
aggressive tactics and sometimes antagonistic sales calls in order to
recruit possible investors in stock. While aggressive tactics to sell
stock are not necessarily wrong, in some cases, individuals running operations
that defraud potential investors can be charged with boiler room fraud
by federal and state authorities. The consequences of such a charge are
serious and may be detrimental to someone’s reputation and business,
even if they aren’t true.
With help from the dedicated
criminal defense team at Rothman & Associates, P.A., you can trust that your future is in
good hands. When you come to our firm, you will receive outstanding representation
and capable advocacy. We are committed to fighting on your behalf and
have extensive experience dealing with charges of
fraud and other
white collar crimes.
Our firm can capably handle boiler room charges. Call
(305) 570-4439 today!
Boiler Room Charges & Penalties
A differentiation between bad investment advice and intentional fraud must
be made. Even if an investor loses money, that does not necessarily indicate
fraud was involved. A true boiler room situation occurs when someone intends
to gain from tricking investors into giving them money, or when reckless
disregard for true facts concerning the investment is present.
Take a look at some examples of boiler room fraud:
Ponzi Schemes – Old investors gain money from new investors and profit is only
generated by new business.
Microcap Fraud – Penny stock value is falsely represented by aggressive sales tactics
until the sellers make profit.
Pre-IPO Scams – Investors think they can buy into an IPO, but are instead sold
These schemes and scams may result in a laundry list of criminal charges.
Some criminal charges that could be brought up in a boiler room scheme
In order to properly defend yourself from charges, you need a lawyer who
is well-versed in every aspect of law concerning fraud and white collar
crime. The penalties for a boiler room scam could mean imprisonment from
20-30 years and fines up to $1,000,000.
Let Us Fight For Your Reputation!
Whether or not accusations concerning a boiler room scheme are true, they
could still do serious damage to your reputation and your company. Don’t
wait for things to blow over, take action and enlist the help of our capable
Miami criminal defense attorneys in fighting on your behalf and clearing
your reputation. With over four decades of experience, our firm has considerable
expertise in areas of criminal defense and can effectively handle whatever
white collar crime charge you may be facing.
Our lead attorney, David B. Rothman is a Board Certified Criminal Trial
Advocacy Specialist by the National Board of Trial Advocacy. This means
that your case is being handled by an expert and that you can trust you
are being taken care of. Contact the firm today for more information.
Skilled defense is a phone call away. Call
(305) 570-4439 to get started.