Nevada has laws that provide protection for creditors. These laws not only include civil laws giving creditors the right to collect a judgement against debtors, but also laws that impose criminal sanctions on defendants who behave improperly and aim to defraud those who have extended credit.
One of several criminal laws that aims to protect creditors and prevent misconduct on the part of debtors is a Nevada penal code law that prohibits fraudulent conveyances. This law is found within the fraud and false personification section of Chapter 205 of Nevada’s Penal code. Chapter 205 is the part of Nevada’s code the deals with property crimes, so fraudulent conveyances offenses are considered both a fraud crime and a property offense.
Nevada Revised Statute section 205.330 is the statute that specifically deals with the offense of fraudulent conveyances. If you have been accused of violating the law due to involvement with a fraudulent conveyance, you need to be represented by a Vegas defense attorney who understands how the laws in Chapter 205 work, who has successfully represented defendants accused of property crimes, and who is prepared to fight assertively on your behalf as you aim to reduce or avoid penalties.
LV Criminal Defense can help. We have a long and successful track record of helping clients accused of fraud offenses to avoid conviction or negotiate plea agreements that lessen charges or penalties. You should give us a call to find out about the assistance we offer with regards to charges related to fraudulent conveyances.
Nick Wooldridge has a long track record of representing clients accused of serious federal and state crimes in Nevada.
Nevada Revised Statute section 205.330 stipulates that any defendant who is party to a fraudulent conveyance could potentially be charged with a crime. In its simplest terms, a fraudulent conveyance is an improper or unfair transfer of something of value in order to avoid repaying debt that is lawfully owed or to avoid fulfilling some other legal obligation.
This fraudulent conveyance could include the improper and fraudulent transfer of land, hereditaments, tenements, chattel, goods, or any right of interest that has been issued out of land, tenements, goods, chattel or hereditaments or tenements.
Defendants can be found guilty for a fraudulent conveyance of any of these things when the conveyance was made or contrived with the intent to deceive or to fraud others. They can also be found guilty of the conveyances was meant to prevent creditors or others from collecting debts, damages, or demands that the creditors or others were lawfully entitled to collect.
The statute also criminalizes willfully avowing, maintaining, justifying, or defending fraudulent conveyances as being conveyances made in good faith or upon good consideration. And, it criminalizes selling the lands or assigning or selling the goods or other items.
A defendant who violates these laws by participating in a fraudulent conveyance could be found guilty of a gross misdemeanor offense, according to the terms of N.R.S. 205.330.
Being charged with a gross misdemeanor could result in fines and imprisonment, so it is necessary to take charges very seriously and to begin immediately developing a solid defense strategy when you are accused of involvement with fraudulent conveyances in violation of N.R.S. 205.330.
LV Criminal Defense can provide you with assistance evaluating the evidence against you, determining if you can make a case for acquittal or raise affirmative defenses, and helping you in court or out of it in fighting for your future.
You should give us a call as soon as accusations of involvement with fraudulent conveyances have been raised so our Las Vegas defense lawyers can help you to effectively navigate the criminal justice system. Reach out to our compassionate and knowledgeable legal team today to find out more about the assistance we can offer.