Securities fraud is a common type of white-collar crime that occurs in New York and elsewhere. Understanding what constitutes securities fraud can be difficult for people without knowing the securities regulations. There are a few common types of securities fraud that...
New Yorkers who are confronted by allegations of white-collar crime should understand that the consequences for a conviction can be severe. Despite these allegations being unrelated to violence, they carry with them harsh penalties for a conviction. People who are...
A New York restaurateur has pleaded guilty to wire fraud in connection with a scheme to defraud her establishment’s mortgage holder, lenders, suppliers and customers. The woman faces a sentence of up to 20 years in a federal prison when she is sentenced on June 24....
New York woman sentenced in $38 million fraud scheme According to an announcement by the U.S. Attorney for the Southern District of New York, a woman was sentenced to spend more than 10 years in prison for her role in a fraudulent debt elimination scheme that involved...
New Yorkers and people across the nation could find themselves facing allegations of committing white-collar crimes. A conviction might result in hefty penalties. An ongoing series of cases involving wealthy people who allegedly paid for their children to gain unfair...
Racial biases and stereotypes may be a concern for defendants at criminal trials in New York. A paper published by a public defender describes research-backed approaches that could help defense attorneys counteract racial bias among jurors. Directly addressing the...
A 31-year-old man pled guilty to a charge of conspiracy to commit wire fraud in a New York court. The man was an associate of MyPayrollHR's CEO, and the scheme involved stealing roughly $13 million from two different companies over a period of six years. The man...
A prominent New York City landlord has been ordered to pay at least $63 million to investors he is accused of defrauding with what has been described by prosecutors as a Ponzi scheme. The Securities and Exchange Commission announced news of the court order on Jan. 30....
If you have been a victim of financial fraud in New York, it could take years to put your life back together. Therefore, it is important that you understand the nature of a Ponzi scheme or other attempts to take your hard-earned money. Common elements of a Ponzi...
New Yorkers who are facing white-collar crime allegations might not realize that the penalties for these charges can be severe with significant fines and jail time. Often, these crimes involve prominent people with recognizable names. For example, high-profile...