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How to Respond to a Federal Subpoena in a Financial Crimes Case

Receiving a subpoena from the federal government can be overwhelming—especially if it relates to a financial crimes investigation. Whether you’re a target, a subject, or simply a witness, how you respond to that subpoena can significantly impact your legal standing.

At Glozman Law, we represent clients across the United States in complex white-collar and financial crime cases. If you’ve received a subpoena from a federal agency like the FBI, IRS, or DOJ, here’s what you need to know—and how to protect yourself.

What Is a Federal Subpoena?

A federal subpoena is a legal document that orders you to either:

• Produce documents or records (subpoena duces tecum), or
• Appear and testify under oath (subpoena ad testificandum)

Subpoenas can come from:

• Federal prosecutors with the U.S. Department of Justice (DOJ)
• A federal grand jury
• Federal agencies involved in financial investigations, such as the IRS or FBI

You may receive a subpoena if you’re:

• A target (the government believes you committed a crime)
• A subject (you may have been involved, but no decision has been made)
• A witness (you’re believed to have relevant information)

Step 1: Do Not Ignore the Subpoena

Ignoring a federal subpoena is not an option. Failing to comply can lead to:

• Contempt of court charges
• Monetary fines
• Possible arrest

Even if you believe the subpoena doesn’t apply to you—or you think you’re just a minor player—it’s important to take it seriously and respond strategically.

Step 2: Contact a Federal Defense Attorney Immediately

Before you talk to investigators or turn over any documents, consult with a federal criminal defense lawyer. Why? Because:

• Anything you say can be used against you later
• You may unknowingly incriminate yourself
• Some documents may be privileged (e.g., communications with your attorney or accountant)
• You need to understand your rights and legal exposure

At Glozman Law, we can determine whether you’re a target, subject, or witness and tailor your response accordingly. We also handle all communication with the government on your behalf to avoid missteps.

Step 3: Review the Subpoena Carefully

Subpoenas are often broad and complex. With your attorney’s help, you should:

• Identify what is being requested (documents, emails, financial records, etc.)
• Determine the deadline for compliance
• Look for jurisdictional details—what court or agency is issuing it?
• Understand what the subpoena is tied to (a grand jury investigation, a specific financial crime, etc.)

Your lawyer may be able to negotiate the scope of the subpoena if it is overly broad, burdensome, or seeks privileged information.

Step 4: Preserve and Protect Evidence

Once you receive a subpoena, you are legally obligated to preserve any relevant documents or data—even if you believe the request is improper. Destroying or altering records can lead to obstruction of justice charges, which are often more serious than the original offense.

Preserve:

• Emails and text messages
• Accounting records and ledgers
• Contracts, invoices, and receipts
• Bank statements and tax returns
• Any internal communications or audit reports

Your attorney can help you determine exactly what needs to be preserved and how to do so legally and securely.

Step 5: Understand Your Rights and Risks

Responding to a subpoena doesn’t mean you’ve done something wrong—but it does mean you’re involved in a criminal investigation. Your attorney can:

• Determine if you have Fifth Amendment protections (right against self-incrimination)
• Help you assert privileges (attorney-client, accountant-client, spousal, etc.)
• Explore ways to limit your exposure or avoid being charged altogether

If you’re asked to testify, we’ll prepare you thoroughly or seek to quash or modify the subpoena if it poses a risk to your rights.

Step 6: Develop a Long-Term Strategy

A subpoena may be the first sign that you’re being investigated for fraud, tax crimes, embezzlement, or other federal offenses. Even if you’re not charged right away, how you respond now can shape your legal outcome down the road.

At Glozman Law, we take a proactive approach:

• We intervene early to protect your rights
• We challenge improper subpoenas or illegal investigative tactics
• We build a defense before formal charges are filed
• We position you for the best possible resolution—whether that means avoiding charges, negotiating a deal, or preparing for trial

Contact Glozman Law Today

If you’ve received a federal subpoena in a financial crimes case, do not wait. The federal government is already building its case—start building your defense today. Call us today or contact us online to schedule a confidential consultation.