For professionals attempting to network and attract new customers or clients, cold sales efforts largely rely on volume. They may only ever hear back from a fraction of the people they attempt to reach.
Mailing solicitations to potential customers or clients can be a cost-effective way to grow a business. Direct mail solicitations provide a physical reminder to consumers, making them highly effective in some cases. However, the use of the United States Postal Service (USPS) for advertising or sales can potentially put people at risk of federal prosecution.
When investment managers look for new clients or those looking to cash-purchase homes use the USPS to market, the people that they do business with might eventually accuse them of fraud. In scenarios where those accusations lead to prosecution, people could be at risk of federal charges.
Mail fraud is a broad criminal offense
Allegations of mail fraud can stem from many different business models and uses of the USPS. As previously mentioned, using the USPS to deliver marketing materials for fraudulent investment opportunities could constitute mail fraud.
So could requests to have people send money or documentation through the mail. Any type of fraudulent scheme that utilizes the USPS could trigger allegations of mail fraud. In many cases, mail fraud charges are federal offenses that can lead to incarceration and fines. The courts can also impose orders of restitution, compelling defendants to compensate the people affected by the alleged fraudulent conduct.
Business leaders and financial professionals facing allegations of mail fraud and similar white-collar criminal charges may need help, and that’s okay. Seeking personalized legal guidance can lead to getting that help. Preparing a strong defense strategy for federal court can help people avoid the worst consequences of fraud allegations.