SBA Loan Fraud Lawyer in Somerset County, Maryland
SBA loan fraud in Somerset County, Maryland, is a serious federal offense prosecuted under 18 U.S.C. § 1014 (false statements to a federal credit institution) carrying up to 30 years in federal prison; Law Offices Of SRIS, P.C. has extensive criminal defense experience in Somerset County, including documented results in fraud-related cases.
SBA loan fraud involves knowingly making false statements or misrepresentations to obtain a Small Business Administration (SBA) loan. Under federal law, 18 U.S.C. § 1014 criminalizes false statements to a federal credit institution, including SBA lenders. This offense is a felony punishable by up to 30 years in federal prison, fines, and restitution. In Maryland, state-level fraud charges may also apply under Md. Code, Criminal Law Article (CR) for obtaining money by false pretenses. Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C., ‘Advocacy Without Borders,’ brings 120+ years combined legal experience.
Last verified: April 2026 | District Court of MD for Somerset County | Maryland Judiciary
For the official text of the federal statute, see 18 U.S.C. § 1014 (U.S. Department of Justice — official site). For Maryland state fraud laws, see Md. Code, Criminal Law Article (CR) (Maryland General Assembly — official site).
In the District Court of MD for Somerset County, prosecutors routinely handle SBA loan fraud cases with an emphasis on document review and financial analysis. We have observed that early intervention can lead to favorable outcomes, including dismissal or reduction of charges.
- Do not speak to investigators without your attorney present.
- Preserve all loan documents and correspondence.
- Contact a fraud charge defense lawyer Somerset County immediately.
- Attend all court hearings at the District Court of MD for Somerset County.
- Explore options like Probation Before Judgment (PBJ) or plea negotiations.
- Consider expungement if charges are dismissed or resolved favorably.
In Somerset County, SBA loan fraud carries severe penalties including federal prison time, fines, and restitution, with potential state-level consequences under Maryland law.
| Offense | Classification | Incarceration | Fine | License Impact | Additional Consequences |
|---|---|---|---|---|---|
| False Statement to Federal Credit Institution (18 U.S.C. § 1014) | Federal Felony | Up to 30 years | Up to $1,000,000 | None | Restitution, supervised release, asset forfeiture |
| Obtaining Money by False Pretenses (Md. Code, CR) | Felony (if over $1,500) | Up to 5 years | Up to $25,000 | None | Restitution, criminal record |
Results may vary.
Founded in 1997 by Mr. Sris, former prosecutor — Law Offices Of SRIS, P.C. brings 120+ years combined legal experience, 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, and a favorable-outcome rate above 93%. The firm, ‘Advocacy Without Borders,’ has handled numerous fraud-related cases in Maryland, including SBA loan fraud matters.
Law Offices Of SRIS, P.C. has extensive criminal defense experience in Somerset County, with 4,739+ documented firm-wide results across VA, MD, DC, NY and NJ, including a favorable-outcome rate above 93%. In fraud-related cases, the firm has achieved dismissals, reductions, and alternative dispositions. Results may vary.
Our location in Rockville is approximately 120 miles from the District Court of MD for Somerset County, with access via Route 13 and Route 413. Serving the communities of Princess Anne, Crisfield, Westover, Marion Station, and Deal Island. 24/7 phone consultations — (888) 437-7747 — meetings by appointment only.
Law Offices Of SRIS, P.C. — Maryland
199 E. Montgomery Avenue, Suite 100, Room 211, Rockville, MD 20850
Phone: (888) 437-7747
By appointment only.
Frequently Asked Questions
What is Probation Before Judgment (PBJ) in Somerset County, Maryland?
PBJ is a Maryland disposition where the judge places you on probation instead of entering a guilty verdict. PBJ avoids a formal conviction on your record and is available for most misdemeanors and many felonies at District Court of MD for Somerset County (30512 Prince William Street, Princess Anne, MD 21853). After probation, PBJ cases can be expunged (3-year waiting period). SRIS actively practices here — firm-wide, SRIS has handled 4,739+ documented case results with over 93% favorable outcomes.
Can I get my criminal record expunged in Somerset County, Maryland?
Maryland allows expungement for acquittals, dismissals, Nolle Prosequi, Stet, PBJ (after 3 years), and many non-violent convictions under the Justice Reinvestment Act. Cases in Somerset County are expunged through the court where the case was heard (District Court of MD for Somerset County). SRIS actively practices here — firm-wide, SRIS has handled 4,739+ documented case results with over 93% favorable outcomes.
What happens after a criminal arrest in Somerset County, Maryland?
After arrest in Somerset County: (1) initial appearance before a District Court commissioner who sets bail, (2) bail review hearing within 24 hours if detained, (3) arraignment, (4) trial. Misdemeanors are tried at District Court of MD for Somerset County (30512 Prince William Street, Princess Anne, MD 21853). Felonies go to Somerset County Circuit Court. Bail set by District Court commissioner at initial appearance; Maryland permits pretrial release on personal recognizance, bail, or conditions of release; bail review hearing in District Court within 24 hours if detained; public defender eligibility based on income; court costs: approximately $22.50-$55. SRIS actively practices here — firm-wide, SRIS has handled 4,739+ documented case results with over 93% favorable outcomes.
Do I need a lawyer for a misdemeanor in Somerset County, Maryland?
Many Maryland misdemeanors carry significant penalties — second-degree assault: up to 10 years; theft $100-$1,500: up to 6 months. An attorney at District Court of MD for Somerset County can negotiate PBJ (no conviction on record) or dismissal. SRIS actively practices here — firm-wide, SRIS has handled 4,739+ documented case results with over 93% favorable outcomes. Contact SRIS at (888) 437-7747.
What is the difference between state and federal charges?
Federal charges are prosecuted by the U.S. Attorney with generally harsher penalties and no parole. An experienced federal defense attorney is critical.
How does a Virginia lawyer defend against sba loan fraud charges?
Defense strategies for sba loan fraud in Virginia may include challenging evidence, examining procedural compliance, negotiating with prosecutors, and presenting mitigating factors. An experienced attorney evaluates the specific facts under Va. Code § 18.2-178 (obtaining money by false pretenses) to build the strongest possible defense.
What should I do if I am facing sba loan fraud charges in Virginia?
If facing sba loan fraud charges in Virginia, contact a criminal attorney immediately. Do not discuss the case with anyone except your lawyer. Preserve all relevant documents and evidence. The statute of limitations and court deadlines under Virginia law require prompt action.
For more information, visit our Criminal Defense Lawyer Maryland hub page. You may also be interested in Criminal Defense Lawyer Howard County or Criminal Defense Lawyer Montgomery County.
Last updated: 2026-04-30