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White Collar Crimes Archives

Tobacco tax fraud among charges against 14

Residents in New York may well have heard reports about people being accused of and charged with criminal offenses for tax fraud. It is important to know that offenses involving tax fraud allegations do not always have to relate to federal income tax paid to the Internal Revenue Service. In addition, tax fraud may be connected with one particular type of product or transaction. That is what 14 people in upstate New York are learning today after their recent arrests.

Copyright laws apply to works on the internet

With the continued importance of search engine optimization, businesses in New York are always searching for fresh content for their websites. This has given added importance to blogs and articles, the main source for good SEO practices that give help their sites achieve higher rankings in search engine returns. There is a wealth of material for just about everything on the internet, and many times, businesses will copy and paste text from another site to their own, unknowingly breaking copyright law.

Company review denies insider trading

On Wall Street and beyond, people in New York may often find themselves concerned about ensuring that their financial transactions are conducted properly. This may help them avoid unnecessary fees but it is also essential in order to comply with all laws and standards for business conduct. It is easier than some may think to have a stock sale or other major transaction appear to others as potentially fraudulent.

The consequences of white collar crimes

White collar crimes occur more than the average New Yorker might assume. Sometimes, what begins as a harmless financial plan can later turn into an illegal procedure in which all of those involved could face serious penalties. In addition to hefty jail time and costs, these types of crimes can negatively affect a person's private and professional life. 

Understanding copyright

Copyright laws are complicated, and their application varies from case to case. However, it is important for people in New York to understand the basic tenants of copyright law in order to avoid unintentional infringement. According to Business Dictionary, copyright is a protection granted to the creator of an original work which prohibits any other person from recreating or using that work publicly without the author's permission. This protection applies to music, written communication, dance, movies, art and similar works. One of the few cases in which a work does not belong to the author is in an employment setting. If an employ creates something for a job, that work is generally considered the property of the company for which it was generated.

Handling accusations of identity theft

If you have been charged with identity theft, you may be struggling with a myriad of issues. Aside from stress and strong emotions, you could be worried about how the allegations will impact your future or whether you will have to spend time behind bars. At Sapone & Petrillo, we know all too well how damaging these charges can be for people who live in New York. To make things even worse, some people are falsely accused of identity theft and other white collar crimes that they never committed.

Reviewing federal bribery regulations

People taking a few dollars “under the table” for a favor to be granted later may be something that is often joked about in New York. The truth, however, is that federal officials take accusations of bribery very seriously. Indeed, according to information shared in the United States Attorneys’ Annual Statistical Report, there were 418 cases of official corruption involving 575 defendants filed in 2015 alone. A federal bribery conviction can carry with it stiff penalties. The question is when is it lawful for a transaction involving an official to be conducted?

When insider trading can lead to criminal liability

As a center for global trade, New York has long been a place of opportunity. But the pursuit of financial success can come with a high cost when the SEC gets involved. Anyone who participates in trading on the stock market should be aware of insider trading laws and how to avoid running afoul of them.

What is white collar crime?

You may have heard the term “white collar crime” in the past (particularly given New York City’s association with global financial markets), yet do truly know what it means? Many may believe that it involves sophisticated crimes committed by savvy business people who, if caught, are sent away to resort-style federal prisons. While there may indeed be some grains of truth in that assumption, law enforcement officials take white collar crimes very seriously, often meting out punishments for them that can rival those imposed on violent criminals.

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