Material information includes reports about a corporation's activities. The information could influence the price of the company's stock. As noted by the CFA Institute, when considering a stock purchase, you may review material information such as financial records...
Fraud is a serious crime with severe penalties, no matter what type of fraudulent activity a person ends up involved in. Mail and wire fraud are two examples. Each has its own unique set of defining traits, as well as its potential penalties. However, at the same...
Becoming the subject of an IRS audit is not common, but there are certain things that may lead the tax collection agency to take a closer look at your tax returns through an audit. Also, in some situations, the IRS may audit you completely at random, and not because...
Taxes are an unfortunate but inevitable part of life. If you earn an income, you most like have to file a return and pay taxes on your earnings. When life gets hectic, problems can arise with your tax returns or your ability to meet your tax obligations. Here is what...
Business owners applying for loans may face bank fraud allegations. Prosecutors may claim falsified documents helped enable a loan approval. According to the Department of Justice, providing false statements that influence a lending decision may classify as unlawful...
Securities fraud can disrupt your career and ruin your reputation. Dealing with the ramifications of your behavior could last years and make it difficult to achieve professional success the way you once did. Understanding why inadequate disclosure is a form of...
Fraud is a white-collar crime that has one overall definition but several different circumstances and processes. The United States Department of Justice notes that fraud is the intentional act of misleading another with the intent to do so. Each type of fraud carries...
If charged with embezzlement, you could face serious repercussions that threaten various aspects of your future, from your finances to your career and even your freedom. There are many different factors that you need to take into consideration when dealing with an...
Embezzling money or facing accusations of other white-collar crimes can damage your reputation and jeopardize your career. Even after you recompense and settle any legal repercussions, others may view you differently. Your decision to take control of your actions may...
An investigation by the FBI, SEC, FINRA or other government agency is an alarm bell that might have everyone in your company on edge, but this is not the time for impulsive responses. Your reaction to this news must be coolheaded and deliberate if you want to avoid...
