The online marketplace now makes it possible for companies and private citizens in New York to transact business involving untold amounts of money directly from their homes. With that freedom also comes increased exposure to people who may be looking to perpetrate fraud. According to the federal statute defining “wire fraud” (as shared by the Legal Information Institute), any communications sent by wire, radio or television with the purposes of defrauding a person or party are deemed illegal. Recent years seen internet communications included in the definition of wired communications.
Property values in New York City are among the highest in the country. While this is good news for sellers, buyers are often concerned with how the property's price tag will affect their property tax rate. Do these factors encourage crime?