The mortgage industry deals with high-dollar investments in massive quantities. There is a lot of room for error, but there are many different instances in which something will go amiss that is viewed as more than just a mistake during the process.
4 examples of serious financial crimes
You've run your company successfully for the past two decades. That puts you in a position of power. You handle company assets. Shareholders trust you with their money. Banks offer loans and lines of credit.
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.
Understanding possession with intent to distribute
Receiving any kind of drug charge is very serious, but possession with intent to distribute is a particularly concerning charge that regularly results in serious jail time. It is well known that drug charges receive some of the harshest sentencing handed down to any non-violent crime, often placing convicts behind bars for years at a time and altering the course of their lives irrevocably.
What do investigators look for on social media?
White collar crime investigations often turn to the Internet. But it's not all about looking for electronic paper trails, bank statements or email messages about money transfers. Those things are important, to be sure, but investigators also turn to something many people use every single day: social media.
Don't confuse tax fraud and tax mistakes
Tax fraud is every bit as serious as it sounds, with the IRS on the lookout for anyone who tries to game the system.
Types of mortgage fraud
Fraud charges can come with serious consequences. Those who suspect they may face some form of fraud charge should carefully consider the steps they need to take to build the strongest defense possible.
Embezzlement charges don’t have to ruin you
Embezzlement charges are tough to shake, both personally and professionally. If you find yourself facing embezzlement charges, you must take swift, calm action to protect yourself and your future.
What if I’m accused of fraud?
If you work in financial services, there are many ways that you may find yourself on the receiving end of fraud charges. Fraud is wide-ranging, and depending on the nature of your work and the individuals you deal with, you may not even know that something you do may cross a line that raises the interest of law enforcement.
Computer crime accusations are serious matters in federal court
There are many computer crimes that fall under federal jurisdiction. The Wiretap Act, the Computer Fraud and Abuse Act and several statutes set the stage for these types of charges to be levied in some circumstances.
