Readers of this blog know we commonly post about various financial fraud topics. In one such post on financial fraud, we discussed some common financial frauds. However, that list was not exhaustive. As such, in this post, we will explore two additional common...
Protecting Your Rights And Your Future
Fraud
What is elder fraud?
Elder fraud is a type of abuse that targets senior citizens. A perpetrator sees an older person as being vulnerable enough that they could deceive them out of their money. Usually, seniors who are targets of this type of crime are wealthy and retired. However, some...
Troubles with unemployment fraud
Employees could lose their jobs for unavoidable reasons, leaving them with bills that do not go away when an employment situation changes. Those who qualify for unemployment benefits may apply for them, and they must follow the rules stipulated under New York law....
What is financial statement fraud in New York?
Financial statement fraud is a serious issue that can have a negative impact on businesses and individuals alike in New York. Here's a quick guide on financial statement fraud. What is financial statement fraud? Financial statement fraud is the intentional...
Secret Service alleges massive theft of federal relief funds
The U.S. Secret Service says it is investigating the theft of close to $100 billion from federal relief programs intended to aid people and businesses suffering economic losses during the pandemic. The agency says it’s recovered more than $2 billion of the stolen...
Could unnecessary medical care be fraud?
Unfortunately, the medical industry in New York and through the U.S. functions as other industries do in that providers often act on financial incentives to provide as much "care" as possible, regardless of whether the patient truly needs it or not. Many people have...
Defendants receive conviction in wire and bank fraud scheme
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...
How do courts assess criminal conspiracy charges in New York?
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...
What are 4 types of mortgage fraud?
Residents of New York who are buying or selling a home may want to learn more about the different types of mortgage fraud. Both lenders and borrowers may commit fraud, and there is fraud for profit and fraud for property. Below are four common ways that people might...
What are bank fraud charges?
Attempts to commit banking or credit card fraud could leave someone facing serious charges. The many financial institutions in New York may deal with numerous forms of bank fraud. Some individuals might attempt to defraud a bank by trying to acquire a small personal...