In the business world, allegations of fraud can arise any number of ways. Whether or not there is any basis to allege fraud, this can ruin the business relationships and reputation of a person accused of fraud, completely dismantling a business or career.
If you face fraud charges, you should consider your next actions carefully. The responses you choose may greatly impact your options when it comes to building your legal defense, and you want to keep as many options available as you can.
Before you take any action at all or speak to anyone about the charges, including law enforcement or family members, it is important to consult with a legal professional who can properly advise you of your legal rights begin building a defense to protect your rights and priorities.
Silence is golden
In many instances, it is not the initial allegations of fraud that actually sink the battleship, so to speak. Rather, it is the actions that an individual takes to cover up some perceived wrong that makes the most difference in the matter.
You should take great care to avoid looking guilty after receiving fraud allegations or actual charges. In many instances, the coverup is worse than the initial fraudulent act, worsening the legal consequences or weakening the legal defenses that the accused person can reasonably employ.
It is wise to simply avoid speaking about the matter to anyone at all until you consult with a legal professional who understands how to protect your rights in this area.
If law enforcement confronts you with charges, you can cooperate without giving them any kind of explanation. It is not wise to say anything at all if you can avoid it, because everything you say becomes evidence against you. This is simply law enforcement doing their jobs. Remaining silent and refusing to speak about the matter without the guidance of an attorney does not indicate guilt.
You should also avoid speaking about the matter with your friends, colleagues and family. Whereas an attorney can offer you a confidential, safe environment to discuss the allegations against you, your friends and family cannot promise this same confidentiality.
In fact, if the allegations result in legal actions, your friends and even your family may find themselves compelled to disclose your conversations under a subpoena. It is wise to protect yourself and your loved ones by simply remaining silent about the matter until you receive professional legal counsel.
Consider your actions carefully
Fraud allegations do not mean that you committed a crime. Be sure that you do not further commit a crime by trying to cover up some perceived wrongdoing.
Instead, it is wise to remain calm and consult with an attorney who can help you assess your circumstances and guide you through this difficult season.