Category Archives: White Collar Crime
Man Pleads Guilty to Running Billion-Dollar Fraud Scheme in Florida
Fraud is a common crime, particularly among those in the financial sector. These people deal with money on a daily basis and therefore consider themselves experts at handling it and making it. Some go beyond the tasks of their job and implement their own schemes to make money. While certain investments are legal, defrauding… Read More »
Employee Embezzlement Schemes
There are many people who feel the need to “cheat” the system. For example, those who feel as though they have been wronged by the government may engage in tax fraud. Employees who work hard without much recognition or reward may feel as though they have a right to steal from their employer to… Read More »
Maryland Man Arrested for Engaging in Ponzi Scheme
Ponzi schemes first became popular in the 1920s. Nearly a century later, people are still luring others into these schemes. These schemes use investments from new investors to pay older investors. The common theme is “robbing Peter to pay Paul.” These schemes defraud people and are therefore illegal. This white collar crime can result… Read More »
Maryland HOA President Pleads Guilty to Embezzlement Charge
A president of an HOA has pled guilty to a misdemeanor embezzlement charge after he and four other people allegedly stole more than $100,000 over the last five years. The man accepted a plea deal in which sentencing would be delayed until a restitution plan is reached. The man, his wife, his daughter, the… Read More »