White-collar crime in Cleveland, Ohio, refers to a classification of several non-violent crimes, such as securities fraud and money laundering. Ponzi schemes are common securities fraud scams that cause investors to lose money because they seem legitimate. Most Ponzi...
White Collar Crimes
How Doctors Commit Medicaid Fraud
Medicaid fraud in Ohio costs the state millions of dollars each year. This type of fraud is hurtful because it diverts funds from people who could benefit from legitimate health care services. Governments at all levels are taking steps to stop individuals who wish to...
Man indicted on aggravated identity theft charge in Ohio
A man in Ohio had been accused of making false claims that he was a missing child. A federal grand jury has now accused him and indicted him on one count of aggravated identity theft and two others for making false statements. When you think of identity theft, you...
4 face charges after alleged bank fraud
Fraud is a crime that is taken seriously because it affects many. Faking a signature could result in a check being cashed, for example, that then empties someone's bank account. It could be the falsification of documents that help you receive property that isn't yours...
Federal embezzlement convictions: What are the punishments?
Punishments related to a federal embezzlement conviction could involve many years in prison. In fact, some defendants accused of this crime are surprised at just how lengthy jail sentences can get. The fines associated with the offense can also be extremely high. Here...
What’s the history of the ‘Ponzi scheme?’
Charles Ponzi was a man whose name went down in history for the "scheme" he developed to take money from unsuspecting investors. Since the days of Charles Ponzi, his money-grabbing scam has been replicated by countless white collar criminals on scales from large to...
Defenses for white collar crime charges
White collar crimes are common in the business world as thousands of people try their best to defraud organizations or embezzle money from individuals. These crimes require a strong defense in order to have the charges reduced or dropped so that you don't wind up...
Protect yourself against white collar crime charges
White collar crime is generally a non-violent act that takes place in business. The primary goal is for the person or people participating in the crime to obtain assets or some form of financial gain as a result of their actions. There are a number of well-known white...
Embezzlement: Develop a strong defense
Embezzlement might not seem like it's hurting anything or anyone when you're doing it. Taking a small amount of money from a cash register each day and manipulating the data to show that nothing is missing is a good, simple example. The problem is that even if no one...
Several consequences to committing mortgage fraud
Mortgage fraud is one of the most complex forms of fraud, and its prevalence has only increased since the housing market crashed in 2008 - scrutinizing new transactions and investigating past ones. It's important to comprehend what mortgage fraud is and what the...
