Currently on appeal in New York is an insurance fraud case that involves “fraudulent incorporation” and the defense of an insurance carrier’s decision to withhold payments because of it.The case originated in light of New York law prohibiting...
Business fraud is a criminal offense of intentionally attempting or successfully executing a plan to defraud a business or obtain control of property owned by a business. These goals are usually accomplished via false representations, promises or pretenses....
Taxes are due April 15th. Although many people have worried about receiving reduced tax refunds this year, data actually shows the average taxpayer has gotten more. The average refund check so far is $3,068, which is a 0.7 percent increase from last...
Real estate transactions are legal in nature, and thus everyone involved will have to sign a variety of legal documents. If anyone includes falsified information or leaves out important information that affects the financing of the purchase, it is mortgage fraud.On...
The sentencing of a former securities and insurance agent on July 23, 2018, illustrates that, in time, a scheme to defraud innocent people will be discovered. However, in the case of Kevin Wanner, the argument put forth by the defense kept Wanner from having to serve...
When you are out of work, it can be a struggle to make ends meet. Your unemployment benefits are valuable lifeline for people during these times.For those seeking benefits or afraid of losing benefits, it can be tempting to bend the truth, but be warned. Lying to the...
Let us say that you are involved in the real estate business as a mortgage counselor, and you have achieved a reputation for fairness in your dealings with homeowners who are facing foreclosure.Unfortunately, a nervous new client is accusing you of fraudulent...
An example of extortion carried out on a broad scale is demonstrated by the arrest and conviction of a man who set up call centers used to defraud unsuspecting victims out of large sums of money.The 2015 conviction was the result of months of work by the FBI and other...
If you are a business owner, accounting fraud may not be something you think about every day. The company is doing well and you feel you have trustworthy employees, so there is nothing to worry about. However, even companies with just a handful of employees can fall...