Florida Resident Charged With In Multi-Million Bank Fraud Conspiracy

According to reporting from Bloomberg Law, a resident of Florida has been arrested and charged as part of a multi-million bank fraud conspiracy case. Manley Vanel Neptune—a 33-year-old man from Lake Worth, Florida—is facing a maximum of 30 years in prison. Within this blog post, our Orlando white collar defense lawyer discusses the allegations and criminal charges raised in this case.

The Allegations: Attempt to Deposit Stolen U.S. Treasury Check 

The United States Attorneys’ Office for the Southern District of Florida has confirmed that Manley Vanel Neptune of Palm Beach County, Florida is facing a federal felony bank fraud charge as well as other criminal charges. The white collar criminal case relates to two separate matters. Previously, Mr. Neptune was accused of aggravated identity theft involving an alleged counterfeit passport.

More recently, Mr. Neptune was arrested for conspiracy to fraudulently obtain over $2.1 million by depositing a stolen U.S. Treasury check. He purportedly attempted to deposit the fraudulent check into an account with a Truist Bank location in South Florida—using an account that was allegedly opened with the fraudulent passport.

These are serious federal felony criminal charges. The bank fraud conspiracy offense carries a maximum sentence of 30 years in prison. Additionally, aggravated identity theft carries a minimum mandatory sentence of two years. As with any defendant accused of a white collar fraud offense, Mr. Neptune is presumed innocent of all charges until proven guilty.

The Most Serious Charge: Bank Fraud Conspiracy 

Bank fraud conspiracy is a serious federal offense. As a general matter, people accused of bank fraud conspiracies can face charges under multiple federal statutes—18 U.S.C. § 1344 (Bank Fraud) and 18 U.S.C. § 1349 (Attempt and Conspiracy). Here are key points to know about the charges:

• The Definition: Broadly defined, bank fraud conspiracy refers to a coordinated effort by two or more individuals to defraud a bank or its customers through deceptive means.
• Common Examples: Bank fraud conspiracy takes a number of different forms, including forging documents, identity theft, or manipulating electronic records.
• The Penalties: Bank fraud conspiracy is a major crime. If convicted, you should expect to face severe penalties. The maximum sentence is 30 years in federal prison.
• Defense Strategies: As a defendant facing a bank fraud conspiracy charge, you may challenge the prosecution’s evidence, you can argue lack of intent to defraud, or you could potentially negotiate plea agreements to reduce charges or penalties.

There is no one right way to defend a federal bank fraud conspiracy charge. A top-tier Orlando, FL white collar criminal defense attorney can protect your rights and your interests. 

Call Our Orlando, FL White Collar Criminal Defense Lawyer Today

At The Baez Law Firm, our Orlando white collar criminal defense attorney provides reliable and solutions-focused legal advocacy to clients. If you or your loved one is facing a bank fraud charge, we are here to help. Contact us now to arrange your completely confidential consultation. With an office in Orlando, we defend white collar criminal cases throughout Central Florida.

Source:

news.bloomberglaw.com/white-collar-and-criminal-law/florida-resident-charged-in-2-1-million-bank-fraud-conspiracy