Sapone & Petrillo, LLP
Call Today 212-349-9000

Posts tagged "White Collar Crimes"

How serious is a tax fraud charge?

Most New Yorkers could agree that filing taxes is hardly an exciting activity. Each year, as that season comes and goes, countless residents walk away having evaded tax returns in some way. Many of those who commit tax fraud are unaware that the act was committed in the first place. Regardless of intention, this type of white collar crime can come with heavy penalties, giving the process potential to linger on much longer than the tax season itself. 

First of two trials in deliberation now

Most people in New York have likely heard some semblance of news coverage regarding the trial of the man who had been the President's campaign chairman during the last election. As reported by CBS News, this trial has concluded two days of jury deliberation with no verdict yet being returned. The jury will resume its deliberations after the weekend.

Campaign finance and the appearance of fraud

People in New York who may either run for public office themselves or who may choose to contribute to the political campaigns of others know that there are many laws governing the financing of political campaigns. As explained by the National Conference of State Legislatures, these laws cover three distinct areas, one of which is the public financing of campaigns. Other laws pertain specifically to the required disclosures associated with contributions that are made. The third type of law governs the caps on contributions.

Defining money laundering

Most in New York are likely familiar with the term "money laundering" and might even have a general understanding of that it means: taking supposedly "dirty" money and making it appear clean. "Dirty money" is typically that which is gained unlawfully, and indeed, it is illegal to try and attempt to conceal its origin by making it appear as though one secured it through legitimate means. Yet the exact details of what activity actually qualifies as money laundering might be unknown to most. 

Participation in husband's ponzi scheme lands woman in jail

The popular representation of white collar crimes may often be that of a high-tech scheme concocted and carried out by sophisticated, "James Bond"-type perpetrators. Yet in reality, such offenses are typically committed by ordinary people caught up in fraudulent schemes. In fact, such crimes can often seem so unextraordinary that they could realistically be going on right under people's noses without them knowing about it. If and when such activity is brought to light, however, how those who find out about it react could potentially play a role in assigning culpability in the future. 

Navigating a tax evasion charge

Like most white collar crimes in New York, a charge for tax evasion can be serious. However, because any process related to tax filing can be incredibly complex, gray areas often arise. There are some facts to know about tax evasion charges -- and the penalties that come with them -- that can make these areas appear clearer and more manageable. 

Pyramid schemes versus ponzi schemes

Any financial crime can come with crippling costs, especially when it comes to actions related to pyramid or Ponzi schemes. Although most New York residents may assume these two crimes are the same, they involve different strategies. Although different in many ways, they can come with the same lasting effects on a person's life. 

What a white collar crime means in new york

No matter the situation, a white collar charge can become incredibly complex and time-consuming. It is for this reason that such cases are generally handled very seriously. New York has long been familiar with these types of crimes, but what might they mean for the defendants themselves?

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.

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.

Sapone & Petrillo, LLP | One Penn Plaza | Suite 5315 | New York, NY 10119 | Phone: 212-349-9000 or 516-678-2800 | Map & Directions