Securities Fraud

Securities fraud charges are something that no professional wants to face. If you are facing a criminal offense like this, you are likely under serious stress and feeling some real uncertainty about what you can expect. The penalties are high with crimes of this nature and I understand your fear.

Criminal Charge in Kansas City? Call Attorney, Mark Hagen at (913) 871-1007.

I know the local court system and know how judges view accused “white collar” criminals with financial related charges. They may assume that you think you are above the law because you don’t appear to be like the “common criminal”. As your attorney it would be my job to ensure you are accurately represented in court and your rights are consistently looked after.

Successful Cases – Kansas Securities Fraud Defense

Having handled several securities fraud cases, I know they are quite different from other criminal charges. If you did in fact commit a crime, it could be that you omitted information unintentionally. You may have made a serious, but honest mistake and are now looking at a felony record and prison time, both being frightening prospects.

Getting you through your case in a favorable way may take serious negotiations with both the District Attorney’s office and the Kansas Securities Commission to mitigate some of the damage. Depending on the circumstances of your case, we may be able to prevent prison time and get you a more favorable outcome before the case even goes to trial.

Potential Penalties for Securities Fraud in Kansas

According to Kansas Statute general securities fraud charges can be applied when you do any of the following in connection with the offer, sale, or purchase of a security:

  1. To employ a device, scheme, or artifice to defraud,
  2. To make an untrue statement of a material fact, or omit to state a material face necessary in order to make a statement made not misleading (failure to disclose all of the facts), or
  3. to engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.

Ref: KSA 17-12a501

The penalty you face is dependent on the financial loss that arose because of the fraudulent act.

Financial Loss Charge Potential Sentence for first time offenders
$100,000 or more Level 4 felony 43 months in prison
$25,000 to $100,000 Level 5 felony 34 months in prison
Less than $25,000 Level 7 felony 13 months in prison

All securities fraud and fraud offenses are considered non-person felonies under Kansas Law

Ref: KSA 17-12a508

There are many other fraud charges that you could run into under Kansas law. Once I know the specifics of your case I can better explain to you the best defense strategy for you. Trust me when I say, as your attorney I will work diligently to get you the results you want in court. And find out for yourself whether I am the best attorney to defend you for securities fraud in Kansas City when you take me up on my free consultation offer.