Maybe you were suspicious that you were being investigated for some kind of financial crimes, and maybe you weren’t. Either way, you’ve just received a subpoena for a lot of your business records. What should you do now? No matter what, you can’t afford to ignore the...
White Collar Crimes
Tax evasion charges require the right defense strategy
Tax evasion is a serious crime with serious consequences. A conviction will change your life forever, as you’re likely to get hit with a large fine and possibly time in prison. This crime occurs if you willfully attempt to evade tax authorities in an attempt to avoid...
Internet scam leads to angry customers and response from FTC
Here’s a new kind of scam that is happening in Ohio and around the United States: Websites are claiming to have hard-to-find items only to never ship them out. So far, at least 25 websites have claimed to have products such as Clorox and Lysol disinfecting wipes, but...
How does money laundering work?
Money laundering is an illegal act that happens when a large amount of money is gathered by participating in an illegal action but appears to be coming from a legitimate source of some kind. Someone who is committing a money laundering crime will go through three...
Creative Company Names Catches the Attention of the SBA
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was created in March to assist businesses during a near-catastrophic economic turndown caused by an historic public health emergency. Money would help employers keep staffing intact. The Small Business...
Cryptocurrency fraud leads to serious legal issues
The cryptocurrency industry, which involves Bitcoin and the like, has attracted a lot of attention from investors over the last few years. Unfortunately, cryptocurrency has also become associated with fraud. As a result, state and federal agencies taking a hard stand...
Insider trading prosecutions fell in 2019
If you have worked in finance for any time, the chances are that someone you know will have been investigated by the Securities and Exchange Commission (SEC). However, figures show that the number of prosecutions for insider trading fell in 2019, with the SEC making...
Vice president of Discovery Tours in Ohio charged with embezzlement
Discovery Tours, which was well-known in Ohio for organizing and operating educational tours that allowed students to visit places of significant cultural and historical interest, including Washington D.C., and Chicago, suddenly shut its doors in May, 2018 due to...
3 things to do if you’ve been charged for computer crimes
When you found out that you were being charged for computer crimes, you were caught off-guard. You share a computer with others in your workplace, so the reality is that you aren’t the one who was violating the law or any company policies. Now that you know you’re...
Beware of mortgage fraud when purchasing a home
If you're like most people purchasing a home, you will try to obtain a mortgage for the purchase. As part of this process, you’ll have to apply for the loan. It’s imperative that you’re fully honest as you go through the application. Any misstatements could result in...