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As the economy worsens and times get tougher, many Americans are resorting to unethical and even criminal ways of making money. Not a week goes by, it seems, that we do not see on the news another Wall Street fat cat or CEO being carted away in a police car due to some type of securities fraud, investment scam, or embezzling scheme. Whether it is fear or greed or just plain evil, some powerful force is driving people to commit financial crimes at epidemic proportions. What is even worse, however, than individuals defrauding our parents, spouses, and other loved ones is when banks do it. Yes, even banks are being put on trial for money laundering and embezzling from loyal customers. Innocent people just like you, who believe their money is in good hands when it is “in the bank,” are finding that they have nothing—are flat broke due to someone else’s greed and criminal acts. People are being forced out of their homes and onto the streets because their entire life savings has been robbed from them, and they are left confused, outraged, and penniless. Many people may not even realize that bank and consumer fraud are practice areas in the field of personal injury law. Bank fraud is actually much more common than you might think. While most of you have heard of Bernie Madoff, or of Enron, how many of you are familiar with Arvest Bank in Oklahoma? Recently, two employees of this well-established Oklahoma bank were found guilty of defrauding customers. A female former bank manager pled guilty to embezzling and laundering over $5 million over the course of 25 years! It is estimated that more than 80 bank customers were victims of this woman’s monetary schemes. Additionally, Arvest Bank’s former branch president in Stilwell, Oklahoma, pled guilty to bank fraud around the same time. It’s estimated that he defrauded customers out of $250,000 in just over two years by establishing loans in their names without their permission or their knowledge. So, if you cannot trust a bank, who can you trust? Well, a personal injury lawyer specializing in bank fraud can certainly help you and will fight diligently to get you the compensation you deserve. You have worked your whole life. Shouldn’t you fight back against the person or entity that stole your life savings? If you live in Oklahoma and would like to learn more about bank fraud, please visit the website of Oklahoma City bank fraud attorneys Carr & Carr today to learn more. If you feel you have been a victim of bank fraud, you must act immediately. There are statutes of limitations in place that may affect how much time you have to file.
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