Many, if not most, white collar crimes involve various forms of fraud. Fraud, in general, is a crime that involves one party intentionally or willfully deceiving another for some form of financial reward. One especially common form of white collar crime is securities...
The pressure to crack down on white-collar crimes seems to be increasing every week. From Ponzi schemes to tax fraud, there is simply no end to the arrests that are coming from the Department of Justice against California residents for alleged involvement in...
Fraud is a common form of white-collar crime and it can include a variety of activities. One form of fraud is wire fraud. Wire fraud refers to the use of deceit to secure money or property through the use of interstate wires. This includes the use of television,...
A jury in Orange County recently convicted multiple professionals for insurance fraud. The scheme was estimated to have cost insurance companies more than $150 million. According to prosecutors, healthy patients were recruited for dangerous and medically unnecessary...
A Ponzi scheme is a form of white-collar crime that involves investment fraud. In recent years, Ponzi schemes and other white-collar crimes have received considerable attention, as many large schemes have become public. In particular, Ponzi schemes became well known...
White-collar crime may have the reputation for being sort of soft and cushy crimes. However, the sentences for white-collar crimes suggest something entirely different. That is something one woman from Santa Ana, California is learning at this very moment. According...
The umbrella of white collar crime describes a bevy of criminal offenses, primarily motivated personal financial gain. The most common forms of white collar crimes are probably tax evasion, money laundering or insider trading. Over the last decade, however, mortgage...
Tax fraud can encompass a whole host of activities, from creating shelter companies to hide assets to simply refusing to pay taxes. Both activities are taken seriously and both require an equally serious defense. Tax fraud is one of the most common forms of...
The term "white collar crime" is used to describe a non-violent crime involving some sort of financial transaction committed. White collar crimes can include a whole host of fraudulent activities committed by business or government employees, including tax fraud,...
A California man recently received a 144-month prison sentence and three years of supervised release for his part in a mortgage fraud conspiracy. In addition to the 12-year jail sentence, the federal judge presiding over the matter also ordered the man to pay $1...