Fidelis co-owner faces time behind bars for conspiracy to commit fraud

On behalf of The Marks Law Firm, L.L.C. posted in Conspiracy on Thursday, September 27, 2012

Certain acts may be considered criminal if they cause injury to another person. However, other acts that do not cause personal harm or injury to another human being may still result in criminal charges. One of these acts can be conspiracy. Although conspiracy most likely does not cause personal harm to another, it is still a violation of federal criminal law.

A St. Louis man who was a co-owner of the company US Fidelis pled guilty to conspiracy charges in June. He was recently sentenced to 40 months in prison for a felony charge of conspiracy to commit mail and wire fraud as well as a felony charge for filing false tax returns. He is also required to pay over $4 million dollars in restitution to the IRS.

The man and his co-owner allegedly made fraudulent payments on behalf of customers who were in default or would likely soon be in default on their payments. These fraudulent payments ensured that the company would still obtain its dealer profit even though it was not supposed to.

As is evidenced by this case, being convicted of a conspiracy or fraud charge can be accompanied by serious consequences. In addition to the fines and imprisonment seen in this case, individuals who are convicted may face limited access to their children, difficulties obtaining employment and extended monitoring of all computer behaviors.

However, there are ways to mitigate the consequences of a conspiracy conviction. As soon as charges arise, it is important to gather evidence in favor of the accused. It is also important to make sure all questioning, search and seizure and evidence gathering procedures were done legally. If the proper procedures are not followed, it can quickly create a clear pathway to a less punitive outcome.

Source: CBS St. Louis, “US Fidelis Co-Owner Makes No Apology, Blames Others as He’s Sentenced to 3 Years,” Sept. 18, 2012