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  1. #1

    Default Helping Somebody Commit Bank Fraud

    My question involves criminal law for the state of: Texas
    Need advice.*

    I am engaged. I have been for 3 years. My fiancé lost his salaried position last year. As soon as this happened, he went to the bank and got a business loan of about 200k. But he told the bank he still had his job. *He provided his last 2 pay checks. He lied.*

    Fast forward. He has had trouble. Major trouble. The bank granted him 200k but made him submit invoices for each allocation of funds.*

    He recently started going and purchases computers and equipment and after being reimbursed...he would get a refund. He would use the money for mortgage. His employee and other costs.*

    He recently asked me to do this with my own service based company. He wanted to submit an invoice for 12k, receive the money and then get the money back from me. * The bank had no idea of my connection to my fiancé.*

    He swore to me that this was not illegal and/or unethical. *I got nervous and I emailed his banker who contacted me about wire info...and asked him what if his client asked for a refund? Do I refund the bank or the client? He said the client.*

    I said ok...I have a 30 day refund policy. So, I want to make sure. He said no problem.*

    He made the wire and then my fiancé took the money asap back.*

    He is now asking me to do this again. I am very nervous. I am worried because he is nearly bankrupt. The bank is going to start asking questions.*

    I called an attorney friend and he suggested that I consider turning him in to save myself. But he said I could always stay quiet and wait and see.*

    My fiancé has no worries about this. He thinks that this is all clear and not to be worried about.*

    I ask an objective community.*

    What would you do? *I love him. He is struggling. But I think this seems illegal. And if I report him.. he could go to prison. If he keep my mouth shut, there is a good chance no one would ever know, right?*

  2. #2
    Join Date
    Oct 2006
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    16,474

    Default Re: Helping Someobody Commit Bank Fraud

    Quote Quoting Charliehorse9009
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    My question involves criminal law for the state of: Texas
    Need advice.*

    I am engaged. I have been for 3 years. My fiancé lost his salaried position last year. As soon as this happened, he went to the bank and got a business loan of about 200k. But he told the bank he still had his job. *He provided his last 2 pay checks. He lied.*

    Fast forward. He has had trouble. Major trouble. The bank granted him 200k but made him submit invoices for each allocation of funds.*

    He recently started going and purchases computers and equipment and after being reimbursed...he would get a refund. He would use the money for mortgage. His employee and other costs.*

    He recently asked me to do this with my own service based company. He wanted to submit an invoice for 12k, receive the money and then get the money back from me. * The bank had no idea of my connection to my fiancé.*

    He swore to me that this was not illegal and/or unethical. *I got nervous and I emailed his banker who contacted me about wire info...and asked him what if his client asked for a refund? Do I refund the bank or the client? He said the client.*

    I said ok...I have a 30 day refund policy. So, I want to make sure. He said no problem.*

    He made the wire and then my fiancé took the money asap back.*

    He is now asking me to do this again. I am very nervous. I am worried because he is nearly bankrupt. The bank is going to start asking questions.*

    I called an attorney friend and he suggested that I consider turning him in to save myself. But he said I could always stay quiet and wait and see.*

    My fiancé has no worries about this. He thinks that this is all clear and not to be worried about.*

    I ask an objective community.*

    What would you do? *I love him. He is struggling. But I think this seems illegal. And if I report him.. he could go to prison. If he keep my mouth shut, there is a good chance no one would ever know, right?*
    You need to refuse to have anything further to do with his money matters. All of this is going to come back and bite him in the backside and you do not want or need to be any part of it. If that causes him to break off the engagement, well then you are better off without him.

  3. #3
    Join Date
    Dec 2009
    Location
    Lake Chapala
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    3,043

    Default Re: Helping Someobody Commit Bank Fraud

    Quote Quoting llworking
    View Post
    You need to refuse to have anything further to do with his money matters. All of this is going to come back and bite him in the backside and you do not want or need to be any part of it. If that causes him to break off the engagement, well then you are better off without him.
    Agree 100%. You need to stop helping him financially right now. You may already be on the hook for some illegalities, you don't want to make it worse for yourself than it already is. And it doesn't matter who makes you keep your mouth shut (meaning I am very concerned that you believe it's him that will keep your mouth shut, like how will he do that, huh?), if this comes back at him (and it will, you know that, you said yourself that the bank is gonna start asking questions), you will wind up in trouble. Period. So the best you can do right now is minimize the damage to yourself.

  4. #4

    Default Re: Helping Someobody Commit Bank Fraud

    Would you turn him in? To save yourself?

    I talked to a lawyer today who wants to charge 5k and represent me as I tell authorities all that I know.

    I will have to leave him, because I can't go to authorities and then not tell him.

    If I tell him, he will go crazy on me thinking I'm doing exactly what I'm dojng...

    So what would you do? Do you think this will ever get discovered. The lawyer I spoke with says I could easily be seen as an accomplice.

  5. #5
    Join Date
    Dec 2009
    Location
    Lake Chapala
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    3,043

    Default Re: Helping Someobody Commit Bank Fraud

    Quote Quoting Charliehorse9009
    View Post
    Would you turn him in? To save yourself?

    I talked to a lawyer today who wants to charge 5k and represent me as I tell authorities all that I know.

    I will have to leave him, because I can't go to authorities and then not tell him.

    If I tell him, he will go crazy on me thinking I'm doing exactly what I'm dojng...

    So what would you do? Do you think this will ever get discovered. The lawyer I spoke with says I could easily be seen as an accomplice.
    What would I do? I would turn him in. I did that once to an evil MF who tried to get me to do things that would have caused me to wind up in prison for 10+ years. Best thing I ever did in my life (well, second-best thing, the best thing was having a hysterectomy 15 years later, but that's a whole 'nother story).

    But if you can't bring yourself to turn him in, the best thing you can do is to stop financing his illegal activities. Like, now. Even if you stop immediately, you will still eventually be seen as an accomplice (because as I said before, this certainly will be discovered, it's not a matter of "if" it's more like a matter of "when"), but at least an accomplice who stopped being one of her own volition. That might keep you out of prison. Or at least reduce your sentence somewhat.

    I understand you love him. But he doesn't love you, if he did, he sure wouldn't be asking you to do these things. If the shoe was on the other foot and you felt compelled to do something illegal, would you be trying to coerce him into joining you?

    You don't seem to understand how much trouble you're already in...

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