New York City is a hub for financial activity. With so many corporations in operation in the financial sector and the city viewed as a prime mover for business throughout the world, it is not uncommon for accusations of wrongdoing to arise. This can not only cost an...
Many New York City residents seek a mortgage when buying a new home. Unfortunately, mortgage fraud sometimes occurs. This is where a mortgage putback comes in. You should know what this means if you’re seeking a mortgage to buy a house. What is a mortgage putback?...
Mortgage fraud is a type of white-collar crime in New York City Metro area that occurs from omissions, misrepresentation, and deceit for profit. Mortgage fraud divides into lender fraud and customer fraud, and there are several types. Consumer mortgage fraud Consumer...
Being charged with a federal drug crime can be a dire situation, especially given the penalties you will face if convicted. In fact, even within specific drug charges the penalties can depend on the type of drug at issue. The penalties for federal drug crimes,...
Over the past decade, cryptocurrencies have gained popularity as a viable medium of exchange and investment. The currencies, such as Bitcoin, allow for secure online transactions without the middlemen and fees often associated with normal transactions. The anonymity...
When people work with a bank or mortgage company, they want to make sure that their money is safe from fraud. However, financial institution fraud. Read on to learn more about this type of fraud. What is financial institution fraud? Financial institution fraud is...
Residents of New York City may have heard about several high-profile convictions in the Southern District of New York. Two defendants received convictions for money laundering and wire fraud as well as aggravated identity theft. According to the United States...
Drug charges are some of the most common criminal charges that people in New York and throughout the country face. Methamphetamine, cocaine, marijuana, heroin – these illegal drugs are all the source of charges related to possession, dealing, trafficking and even...
The U.S. Attorney’s Office for the Southern District of New York has announced that two acupuncturists, six physical therapists and a cashier have been charged with conspiring to violate the Anti-Kickback Statute, commit health care fraud and engage in money...
New York allows prosecutors to individually charge each person who is part of a criminal conspiracy regardless of how involved they were. Under the law, a conspiracy is when two or more individuals agree to commit a crime and take action toward that unlawful act. The...
