Blog Posts in October, 2011
Posted on Oct 31, 2011 By Plano Criminal Defense Attorney
In New York a man was recently arrested and indicted for running eighteen child pornography websites. The websites were being marketed to people that spoke Chinese that were living in the U.S. The FBI ...
Continue reading "Eighteen Child Porn Websites Shut Down" »
Posted on Oct 14, 2011 By Plano Criminal Defense Attorney
Lauren Baumann created an investment pool that turned out to be a class Ponzi scheme. She would get loans from investors based on claims that the money would be used to create a Christian "battle ...
Continue reading "Christian Rock Promoter Pleaded Guilty To $1 Million Ponzi Scheme" »
Posted on Oct 12, 2011 By Plano Criminal Defense Attorney
Keeping with the theme from the last week-and-a-half, today's blog will evaluate a relatively new phenomenon. In San Diego, three women recently pleaded guilty to illegally creating an inventory ...
Continue reading "Surrogacy Scam Creates Illegal Inventory Of Babies" »
Posted on Oct 10, 2011 By Plano Criminal Defense Attorney
The cost of insurance fraud in the insurance industry is $80 billion per year. Some forms of insurance fraud, according to the FBI, are Workers' Compensation Fraud , Disaster Fraud, Property ...
Continue reading "What Is Insurance Fraud?" »
Posted on Oct 7, 2011 By Plano Criminal Defense Attorney
The explosion of white-collar crime occurred in the late 2000s when the economy took a nose dive. As such, people lost money -- lots of money. The real estate market was devastated by the economic ...
Continue reading "What Is Mortgage Fraud?" »
Posted on Oct 6, 2011 By Plano Criminal Defense Attorney
Bernie Madoff, in 2009, pleaded guilty to securities fraud, investment advisor fraud, mail fraud, wire fraud, three counts of money laundering, false statements, perjury, theft, and false filings with ...
Continue reading "What Is Investment Advisor Fraud (ala Bernie Madoff)?" »
Posted on Oct 5, 2011 By Plano Criminal Defense Attorney
Embezzlement is a term that makes the crime seem like it would be a very complicated crime. Embezzlement is a criminal offense that is a form of financial fraud . This crime occurs when one has been ...
Continue reading "What Is Embezzlement?" »
Posted on Oct 5, 2011 By Plano Criminal Defense Attorney
A Ponzi scheme is a scheme that is promoted on the basis of high financial returns or dividends that are not traditionally available through run-of-the-mill investments. This kind of scheme was named ...
Continue reading "What Is A Ponzi Scheme?" »
Posted on Oct 4, 2011 By Plano Criminal Defense Attorney
The most common legal definition of fraud is when a person intentionally deceives another for personal gain or to damage a person. It is a common subsection of white-collar crime. There are untold ...
Continue reading "What Is Fraud?" »
Posted on Oct 3, 2011 By Plano Criminal Defense Attorney
White-Collar crime, a term used to describe non-violent economic crimes, was coined in the late 1930s. This has been defined as a "crime committed by a person of respectability and high social ...
Continue reading "What Is White Collar Crime?" »