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February 2018 Archives

Two men accused of bank fraud scheme

New York residents may frequently hear reports about people who are accused of white collar crimes such as money laundering or embezzlement. Just as with any other type of criminal charge, it is always important for people to remember that every defendant is innocent until proven guilty. The often limited amount of information provided in media reports about these cases may make it difficult to think that defendants are innocent but this is always a possibility.

The outlook of trading cryptocurrencies

Contrary to what many New Yorkers might believe, Ponzi schemes can involve more than inexperienced investors and greedy schemers. Many of these cases are complex and easily overlooked; what can seem a wise financial step can become a disaster overnight. More recently, a different angle of this crime has reached the spotlight: that of cryptocurrencies. 

Bank fraud may not include intent to defraud a bank

Fraud charges are often very difficult to understand, especially considering just how complex our banking systems are in 2018 as opposed to banking even 10 or so years ago. More than ever, we live in an interconnected world, and those interconnections often blur the lines between legal boundaries, giving rise to criminal charges a defendant may not expect.

When an identity theft charge threatens a reputation

A growing problem across the nation, identity theft is a crime that has taken on many meanings. For those found guilty of identity theft, just one wrongful accusation can result in years of fines and negative repercussions. New York is one of many states that is significantly more vulnerable to such crimes, but is also one that applies serious penalties.

Laws on cyber-insider trading not always clear

It is not all that uncommon for people in New York to hear reports about a person, often a corporate executive of a company, being accused of some form of embezzlement, insider trading or other white collar crime. This is not because the people are likely criminals or in search of some easy way of making money. It may be due in part to the fact that the roles these people hold provide them insight into certain information and that the laws on what is and what is not legal here are not completely black and white.

Is insider trading actually legal?

When business-minded individuals in New York look into the stock market, they're met with a whole world of possibilities. Unfortunately, you're also going to run into a lot of laws dictating what can and can't be done when it comes to buying or selling your stocks. Insider trading is known as an illegal move, but did you know that there's actually a legitimate form of insider trading, too?

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