On Behalf of Lerner & Lerner, P.C. | Mar 20, 2015 | White Collar Crimes
New York residents may have seen media reports concerning a number of proposals made by a federal panel that would change the way penalties are calculated for white collar crimes such as fraud and embezzlement. While defense attorneys have criticized the proposed...
On Behalf of Lerner & Lerner, P.C. | Feb 6, 2015 | White Collar Crimes
Most people have probably heard of identity theft in New York, but they may not be completely aware of what it involves. Generally, identity theft involves a person obtaining and using another person’s identifying information in order to gain a benefit....
On Behalf of Lerner & Lerner, P.C. | Jan 21, 2015 | White Collar Crimes
A New York attorney general announced on Jan. 15 that he planned to bring fraud cases against large banks that were accused of selling securities that were mortgage-backed prior to the United States’ 2008 financial crisis. Some of the targeted banks include Bank...
On Behalf of Lerner & Lerner, P.C. | Dec 16, 2014 | White Collar Crimes
On Dec. 10, a 48-year-old man was the fourth former employee of Bernard L. Madoff Investment Securities LLC. to be convicted and sentenced on securities fraud charges and conspiracy. The man worked as a computer programmer from 1991 to 2008, an era of Madoff’s...
On Behalf of Lerner & Lerner, P.C. | Dec 9, 2014 | White Collar Crimes
Individuals in New York may have heard of Ponzi schemes. A Ponzi scheme is an illegal investment scheme in which money is generated from new investors. It is named for a man named Charles Ponzi who ran a fraudulent investment scheme in New England in the 1920s related...
On Behalf of Lerner & Lerner, P.C. | Oct 16, 2014 | White Collar Crimes
A man in New York was sentenced to 34 months in prison on Oct. 10 after admitting that he had defrauded the producers of a Broadway musical. According to one of the producers who attended the sentencing hearing, “Rebecca – The Musical” was never...
