In business, a "shell company" is not inherently illegal. By definition, it is a business entity that exists on paper but has no active business operations or significant assets. These entities are frequently used for legitimate reasons, such as holding a brand's...
It is a heavy burden to face Medicaid fraud charges while trying to maintain a career and a family. Understanding the specific legal risks of a conviction can help one prepare for the journey ahead. The high cost of Medicaid deception If a court finds a person guilty,...
Being accused of cryptocurrency fraud can feel frightening. In New York, the state treats these cases very seriously because it has some of the strongest financial rules in the country. Still, an accusation is not a conviction. Learning how the system works can help...
The holiday season leads to more online shopping, digital payments and hurried communication. Federal investigators expect this. That is why they watch for fraud closely during this time of year. Many people charged with federal crimes did not plan to break the law....
Game rigging in sports does not just impact major leagues. It also poses risks for college teams, amateur contests and even organized betting pools. Recent indictments highlighted how federal laws cover manipulation of sports outcomes, and how college athletes,...
New York saw thousands of small businesses struggle during the pandemic. Federal Covid-19 relief programs like the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) offered critical help to many. But some people used deception to get money...
Medical experts define compulsive gambling as an uncontrollable urge to keep gambling despite the toll it may take on your life. This can mean time away from family and loved ones, spending more than you should on gambling, even taking to illegal activities to have...
People hear the terms tax fraud and tax evasion all the time, yet many never learn the difference. But a clear understanding matters because prosecutors in New York take financial crimes seriously. Confusion also creates fear when someone faces a fast-moving...
You can lose everything you have, your business, freedom and future with a single fraud charge. Under 18 U.S.C. § 1348, federal prosecutors can go after anyone suspected of engaging in schemes to defraud investors. This can happen when someone lies to investors, uses...
The Securities and Exchange Commission (SEC) recently announced accusations of criminal activity against Retail Ecommerce Ventures (REV), a company owned by two entrepreneurs who bought famous retail brands as they were working through bankruptcy. Examples of brands...