Federal insurance fraud is a serious crime with significant implications. The federal government strictly regulates these practices due to their far-reaching impact on the economy. As you navigate the world of insurance, understanding what federal insurance fraud is...
In an era of technical advances, the internet often serves as an arena for get-rich-quick schemes and other endeavors that the law considers wire fraud. The Federal Trade reported that American consumers lost $8.8 billion to fraud in 2022. That staggering number has...
In the realm of financial crimes, embezzlement occupies a unique position. It often involves a breach of trust that makes it distinct from other forms of theft. In today's business world, it is important to understand embezzlement and take steps to stop it. The act of...
Mail fraud is a commonly misunderstood charge. Nonetheless, mail fraud accusations are serious and require a high level of understanding to mount a proper defense. While there is no substitute for experienced legal counsel to handle mail fraud charges, understanding...
The real estate world is a cutthroat place where exorbitant amounts of money are often on the line. When a single investment can make or break one's financial future, a homeowner might feel the temptation to turn to fraud as a way to skew transactions in their favor....
In 2009, Bitcoin became the first cryptocurrency in an effort to decentralize the money supply. Over the last 14 years, more than 21,000 additional currencies have entered the market. Today, more than 50 million Americans own some type of crypto, and 57% of those are...
A huge number of Americans will apply for a loan at some point in their lives. The idea that a mistake during the application process can lead to loan fraud charges is truly terrifying. Loan fraud can come in a variety of forms, such as bank fraud, mortgage fraud and...
The term securities fraud refers to deceptive behavior involving stocks and investments. A range of crimes qualify as securities fraud, including pyramid schemes and insider trading. Investors should understand the types of securities fraud and how to avoid them....
The U.S. Commodity Futures Trading Commission recently reported the largest-ever whistleblower award, where an individual received a $200 million dollar payment for providing information about violations. The Whistleblower Program is responsible for granting a number...
Overall, the IRS estimates that tax crime convictions only represent less than one percent of taxpayers each year. However, they also estimate that almost 20% of taxpayers are not in compliance with the tax code in some form. In fact, it is also more common for...
