White collar crimes take place across the United States. What is most interesting is when the reports about the number of crimes that have taken place in the last year are released. For example, did you know that Connecticut is the state with the lowest number of arrests for white collar crimes in the last year?
No matter who you are or how diligent you are, there will be times when you make mistakes on your tax returns. For example, if you're adding or subtracting numbers, there's always a chance you could make a math error -- thus impacting how much money you pay.
Most of the time, "insiders" are those who own at least 10 percent of a company's stock or some type of high-end executive.
As you probably know, the tax code in the United States is extremely complex. In addition to all the IRS rules, you can't overlook the importance of staying on track in regards to your state and local taxes.
If there comes a time when you want to file for Chapter 7 bankruptcy, you must first do a few things.
Pretrial conferences put a lot of pressure on criminal defendants to plead guilty. They're often the last formal negotiations between the prosecution and the defense. If your defense attorney can't convince the prosecutor to drop the case or at least lower the charges to something more reasonable, you know you're heading to trial—which is an unpleasant feeling for anyone. If that isn't bad enough, the prosecution may make its best offer to date, just to press you a little harder into a plea deal.
According to recent news reports, a 47-year-old used car salesman was charged with bringing in approximately $2 million from Russian citizens who were tricked into buying a vehicle from his dealership.
When it comes to white collar crimes, such as money laundering, most people think they will never be caught. Taking this one step further, since they aren't committing a violent crime, these people often believe that the punishment is minor.
If you aren't familiar with the crime of bribery, it's possible that you could get involved in a situation that lands you in hot water with the law.
According to authorities, a Beachwood woman posed as other people, none of whom ever worked for her company, as a way to collect more than $345,000 in fraudulent unemployment benefits.