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Recent Posts in White Collar Crimes Category

Suspect Wanted in Counterfeiting Case Arrested at Border

In Brownsville, Texas, a Cuban native wanted for counterfeiting was detained at the U.S. border by agents with Customs and Protection. Authorities say that the man, S.L.G., was caught after he ...
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Millionaire that Appeared on Reality TV Show Charged with Fraud

A millionaire who experienced his fifteen minutes of fame last year has found himself in trouble with the law. M.A.P. III has been accused of wire fraud , mail fraud and bank fraud by federal ...
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Picture of Girlfriend's Chest Leads to Arrest of Hacker

The federal government is working overtime to catch hackers that try to get into confidential databases. One such hacker was detained last week in the state of Texas for not only breaking into a ...
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Billionaire Charged with Fourteen White Collar Offenses

A former billionaire is scheduled to appear in court this month almost three years after he was first arrested for several white collar crimes . Although his lawyers tried to stall the proceedings, a ...
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Christian Rock Promoter Pleaded Guilty To $1 Million Ponzi Scheme

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 ...
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Surrogacy Scam Creates Illegal Inventory Of Babies

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 ...
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What Is Insurance Fraud?

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 ...
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What Is Mortgage Fraud?

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 ...
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What Is Investment Advisor Fraud (ala Bernie Madoff)?

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 ...
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What Is Embezzlement?

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 ...
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What Is A Ponzi Scheme?

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 ...
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What Is Fraud?

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 ...
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What Is White Collar Crime?

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 ...
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Texas Legislative Update: Credit Card Skimming

The Texas Legislature passed House Bill 215 to fight the onslaught of credit card skimming. This bill has now paved the wave to increase the prosecutions for those who used credit card/debit card ...
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Former Ohio State and NFL Quarterback Art Schlichter Charged With 13 Counts Of Theft

Schilicter, 51, was charged in a 13-count indictment that alleges that he stole $680,000 from the 69-year-old widow of former Wendy's president and chairman Robert Barney. Schilicter was kicked of the ...
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Former State Representative Pleaded Guilty In Corruption Case

Money makes good lawyers go bad!!! Former State Representative Jim Solis pleaded guilty in a corruption case . Apparently, while Solis was in private practice he paid former State District Judge Abel ...
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Man Fakes Death To Avoid Court Cases Ends Up Getting Three Years For Forgery

Last August, a man entered the Salem District Court clerk's office and pretended to be his own brother. He then handed a clerk a death certificate that showed that he had passed away. The death ...
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Funeral Home Owner Rips Off The .... Living

The owner of a Rhode Island funeral home has been charged with embezzling money from living clients. He is charged with stealing over $27,000 from clients who purchased "pre need" contracts which ...
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Dallas Executive Sentenced To 25 Years In Securities Fraud Scheme

Jeffrey Bruteyn, former managing director of AmeriFirst Funding Corp, was sentenced to 25 years for a scheme that raised more than $50 million for more than 600 investors from Texas and Florida. Many ...
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