NJ Criminal Defense

In ALL 21 NJ Counties
FREE Defense Consultation:

Open 24/7  (732) 385-3339
(888) 628-8394

  • Home
  • Practice Areas
    • All Practice Areas
    • Assault Charges
    • Arson Charges
    • Bad Checks Charges
    • Bail Jumping Charges
    • Burglary Charges
    • Cell Phone Ticket
    • Credit Card Theft And Fraud Charges
    • Criminal Coercion Charges
    • Criminal Sexual Assault Charges
    • Criminal Mischief Charges
    • Criminal Sexual Contact Charges
    • Criminal Harassment Charges
    • Domestic Violence Charges
    • Driving on a Suspended or Revoked License Charges
    • Driving Without Insurance Charges
    • Drug Possession Charges
    • Marijuana Possession Charges
    • Cocaine Possession Charges
    • Heroin Possession Charges
    • Methamphetamine Possession Charges
    • Drug Possession with Intent Charges
    • Embezzlement Charges
    • Criminal Record Expungement
    • Eluding Charges
    • False Imprisonment Charges
    • Gun/Firearms/Weapons Charges
    • Forgery Charges
    • Criminal Fraud Charges
    • Manslaughter or Murder Charges
    • Insurance Fraud Charges
    • Invasion of Privacy Charges
    • Kidnapping Charges
    • Theft Charges
    • Leaving the Scene of an Accident Charges
    • Prostitution Charges
    • Receiving Stolen Property Charges
    • Reckless Driving Charges
    • Resisting Arrest Charges
    • Violation of a Restraining Order Charges
    • Robbery Charges
    • School Zone Distribution of Drugs Charges
    • Shoplifting Charges
    • Simple Assault
    • Stalking Charges
    • Terroristic Threats Charges
    • Traffic and Driving Charges
    • Trespassing Charges
    • Juvenile Alcohol Possession Charges
    • Underage Drinking Charges
  • Case Results
  • About
    • About Our Firm
    • Certified Municipal Court Lawyer
    • Fees
  • Our Reviews
  • Q & A
  • Contact

As seen on

Reisig Criminal Defense & DWI Law, LLC ABC News
Reisig Criminal Defense & DWI Law, LLC New York
Reisig Criminal Defense & DWI Law, LLC CBS New York
Reisig Criminal Defense & DWI Law, LLC Fox News
Reisig Criminal Defense & DWI Law, LLC New York Post
Reisig Criminal Defense & DWI Law, LLC New York Times
Reisig Criminal Defense & DWI Law, LLC NJ True Jersey
Reisig Criminal Defense & DWI Law, LLC New Jersey Herald

Receiving Deposits In A Failing Financial Institution

New Jersey Criminal Defense Attorney For Receiving Deposits In A Failing Financial Institution (N.J.S.A. 2C:21-14)

April 23, 2016 by Matthew Reisig

Criminal Lawyer For Receiving Deposits In A Failing Financial Institution (N.J.S.A. 2C:21-14)

After the financial crisis of 2008, many have come to believe that financial crimes are beyond prosecution.

Whatever the failings of federal regulators on that point, inside New Jersey, a number of laws apply to those who own, operate, and manage financial institutions.

Those who misuse funds owned by those institutions, or accept money when the institution is in trouble, may face prosecution and jail time.

Under N.J.S.A. 2C:21-14, Receiving Deposits in a Failing Financial Institution, it is a crime to accept a deposit, premium payment, or other investment in the institution, if the person receiving the money knows that the institution is failing, and that the person making the deposit or payment is unaware of the financial situation of the institution.

This conduct is graded as a crime of the fourth degree, and can be punished with a sentence of up to 18 months and a fine of $10,000, plus restitution to victims.

Proving the charges can be a harder haul for prosecutors, and an experienced New Jersey defense attorney can help protect your reputation and your future.

If you need help with Receiving Deposits In A Failing Financial Institution charges, call 732-625-9661 today for a free consultation with an experienced New Jersey criminal defense attorney.

Filed Under: Receiving Deposits In A Failing Financial Institution

Penalties For Receiving Deposits In A Failing Financial Institution (N.J.S.A. 2C:21-14) In New Jersey

April 23, 2016 by Matthew Reisig

Penalties For Receiving Deposits In A Failing Financial Institution (N.J.S.A. 2C:21-14)

New Jersey law protects depositors in banks and investment houses, and even allows the prosecution of those who take deposits when they know the institution will shortly cease operation or fall into receivership.

Officers, operators, and managers of financial institutions who accept deposits, premium payments, or other investments while knowing that the institution will fail, and knowing that the depositor, payor, or investor does not know that the institution is failing, can be charged with a crime of the fourth degree under N.J.S.A. 2C:21-14, Receiving Deposits in a Failing Financial Institution.

A person convicted could face up to 18 months in prison, although a defendant with a clean record may avoid jail because of New Jersey’s presumption of non-incarceration for fourth degree crimes.

You will face a $10,000 fine, and restitution payments.

Obviously, conviction of felony-grade financial crimes is likely to end your career in the industry.

Attorney Matthew Reisig has protected clients’ rights for nearly 20 years in New Jersey.

If you need assistance with Receiving Deposits In A Failing Financial Institution charges, call 732-625-9661 today and talk to an experienced New Jersey criminal defense attorney for free.

Filed Under: Receiving Deposits In A Failing Financial Institution

Primary Sidebar

Reisig Criminal Defense & DWI Law, LLC if you want to win1

RECENT POSTS

  • Police Welcome Drop in Crime During Covid-19 Lockdown; Worry Over Spike in Domestic Violence Calls
  • Domestic Violence Incidents Climb Dangerously During Covid-19 Lockdown
  • NJ’s Attorney General Cracks Down on Coronavirus Threats
  • Have You Been Charged With Domestic Violence in New Jersey During The Covid-19 Lockdown?
  • Criminal Lawyer Details Racketeering Charges & Penalties In NJ

HAVE A QUESTION? TYPE IT HERE

Categories

Reisig Criminal Defense & DWI Law, LLC Location

HOW CAN WE HELP YOU?

"*" indicates required fields

We offer free consultations. No office visit required, we will get back to you within 24 hours.

* ALL FIELDS REQUIRED

This field is for validation purposes and should be left unchanged.

Call Us Today: (888) 628-8394 or (732) 385-3339

© 2021 Reisig Criminal Defense & DWI Law, LLC
125 Half Mile Road, Suite 200, Red Bank, NJ 07701  (732)*625*9661
2500 Plaza 5, 25th floor, Jersey City, NJ 07311  (201) 793-7226
923 Haddonfield Rd, Suite #300, Cherry Hill, NJ 08002  (856) 334-0559
317 George Street, 3rd Floor, New Brunswick, NJ 08901  (732) 659-0984
Attorney Advertising / Disclaimer / Privacy Policy

* The reference to 1,389 cases without a DWI conviction applies to cases prior to November 1, 2017. This information should not create an unjustified expectation that similar results can be obtained for others without regard to the specific factual and legal circumstances.

** 82% Winning Percentage at Trial is from 2012 through 2017.