On April 27, a 37-year-old financial advisor in New York was indicted for an alleged embezzlement scheme. The accused man is the CEO of the Maddox Group, which is a financial advisory firm that operates in and around New York City. Investment fraud allegations...
White Collar Crime
New York laws on larceny and embezzlement
New York residents facing charges of larceny and embezzlement can feel as though their world is upside down. These charges are very serious and carry hefty penalties. What are larceny and embezzlement? Larceny is a white-collar crime that involves stealing another...
Former supervisor sentenced on embezzlement charges
Officials in New York announced on Sept. 24 that a man who served as a Chenango County town supervisor for more than three decades has been sentenced to serve between one and three years in state prison. The former Town of Pharsalia official pleaded guilty in June to...
What are some common telemarketing fraud scams?
Some people use telemarketing fraud to attempt to scam New York residents out of their money. Like most white-collar offenses, telemarketing fraud is a non-violent crime that uses deception to scam people out of their money or other assets. People who commit...
Elements of mail fraud
A New York resident who uses the United States Postal Service or other interstate mail carriers to facilitate a crime involving deceit or fraud could face federal mail fraud charges. These charges can result in unwanted legal consequences and often happen in...
What to know about bribery
Bribery is a criminal offense that may be punishable by a fine, jail time or both. Furthermore, you may be declared ineligible to hold a government office in New York or anywhere else in the United States. What is bribery? Generally speaking, bribery occurs whenever...
The motivations behind white-collar crimes
White-collar crimes are prevalent across mainstream media and newspaper headlines with powerful figures being accused of stealing millions of dollars from either innocent people or large-scaled companies. With white-collar crimes, there are specific requirements that...
Potential defenses in embezzlement cases
Your career was not supposed to end this way. As a longtime bookkeeper for a nonprofit, your job was filled with responsibilities and tasks such as overseeing some of your organization’s financial accounts. You had your fingers on the nonprofit’s financial pulse, and...
The red flags that may signal white collar criminal activity
White collar crime – fraud, embezzlement, Ponzi schemes, insider trading, identity theft, etc. – hits the headlines only when the most spectacular cases break. Some individuals become infamous because of the crimes they committed (Bernard Madoff). In other cases, the...
Reality TV star faces federal fraud charges
It began more than nine years ago with “Love & Hip Hop: New York.” VH-1’s reality TV show revolved around a cast of hip hop and R&B performers, musicians, managers and producers. The show that launched in early 2011 was a hit, spawning several spin-offs in...
