Fraud is one of the most common types of white-collar crime in New York and around the country. In law, fraud is the act of creating a financial gain by intentionally deceiving another person or entity. In December, a court sentenced four executives for defrauding the...
The purpose of a grand jury is to assist prosecutors in determining whether there is probable cause to file charges. Therefore, when you’re subpoenaed to testify before a grand jury or to turn over specified documents, then you’re either considered a witness or...
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...
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...
The business industry in New York City is bustling and many people are either part of a large conglomerate or they may simply be a small business owner themselves. Those who choose the small business route often are attracted to offers that promise a big return for...
The economy is picking back up in New York, particularly in the real estate industry. Many people are looking to purchase a home of their own and real estate prices are skyrocketing. Many people plan on obtaining a mortgage in order to finance their home. However,...
White collar crimes are typically some type of fraud crime. The accused individual is alleged to have used some form of deception for personal gain. White collar criminal charges can result in fines and even time behind bars. For that reason, accused individuals...
