Many people worry about breaking insider trading laws by accident. These laws can be hard to understand, especially in different industries. Learning more can help you stay safe. What is insider trading? Insider trading happens when someone buys or sells company...
Financial Crimes
The role of forensic accounting in embezzlement investigations
Those accused of misappropriating resources from their employers often face charges based on company financial records. Workers facing embezzlement charges may be at risk of not just prosecution but an obligation to reimburse their employer via an order of...
Defending your spouse against embezzlement charges
Embezzlement can happen to anyone, often without realizing the severe impact it can have on family, career and rights as a person. But what if your spouse got caught up in an embezzlement charge? How do you help defend them and protect you and your family? Identifying...
How far back can the IRS go for tax evasion cases?
Tax evasion is a matter that’s taken seriously by the Internal Revenue Service (IRS) because it’s a criminal action that involves someone willingly avoiding paying the income taxes that they owe. Tax evasion is typically uncovered during an investigation or audit of a...
Is lying on a loan application illegal?
When someone knowingly provides the lender with incorrect or misleading information on an application to obtain a loan that would be otherwise be unavailable, they might be committing mortgage fraud. Mortgage fraud is a white collar crime under both federal and state...
What exactly is racketeering?
Someone who is facing criminal charges in Tennessee needs to understand the allegations against them to craft a strong defense strategy. Some charges are straightforward. Drug possession and impaired driving charges involved very specific circumstances and, therefore,...
What is tax evasion, and what are the possible consequences?
Income taxes are a fact of life for everyone earning income while living in the United States. Employers generally withhold money from every paycheck they issue to their workers to contribute toward their estimated annual tax obligations. Independent contractors and...
Lack of intent as a defense in your fraud case
A federal fraud charge can leave you feeling scared and hopeless. Federal laws are complex and with a federal prosecutor on the other side looking for a conviction, it is easy to give up and assume that you have no defense. The reality is that you can be charged or...
Understanding financial fraud and potential defenses
If a person is charged with a financial crime, he or she can face serious penalties. Financial crimes often involve fraud, where a person intentionally deceives another person or business for financial gain. Financial fraud examples There are several types of...
What is mortgage fraud?
Allegations of mortgage fraud can have far-reaching consequences, including fines and jail time. If you’re a real estate broker, it could also lead to a revocation of your license. That’s why, before you buy or sell a home, it’s important to inform yourself as to what...