» White Collar Crimes

Entrepreneurs are receiving money that is a bribe of their partners with both of whom are corrupt in the company room.

Second Circuit Upholds RICO and Truth in Lending Act Conviction

The Second Circuit Court of Appeals upheld the conviction of Defendant Richard Moseley, Sr., who faced criminal charges in the Southern District of New York for an illegal payday lending scheme. In 2018, a New York jury found that Moseley violated th… Read More
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FBI and CSI agents - Federal criminal investigation concept

What to Expect in a Federal Criminal Case

Facing criminal charges in federal court is intimidating and scary. Any criminal case, and a federal criminal case, in particular, is complicated. It can be helpful and reassuring to understand how a criminal case works, and what to expect. If you be… Read More
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Second Circuit Update on Insider Trading Cases

On January 11, 2021, the U.S. Supreme Court vacated a Second Circuit decision that had affirmed four convictions for insider trading. The Supreme Court recommended that the lower court reconsider its finding that confidential government information c… Read More
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Gavel, scales of justice and law books - federal sentencing concept

US vs. Razzouk: Second Circuit Addresses the Mandatory Victims Restitution Act

In 2011, Sassine Razzouk pled guilty and was convicted of accepting bribes in violation of 18 U.S.C. §666(a)(1)(B) and three counts of tax evasion in violation of 26 U.S.C. §7201. Razzouk was accused of manipulating contractor bidding systems while… Read More
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BitMex: Inadequate Anti-Money Laundering Program

On October 1, 2020, federal prosecutors filed criminal charges against the founders of BitMex, an offshore cryptocurrency derivatives exchange. BitMex executives are charged with violating the Bank Secrecy Act (BSA) and conspiring to violate the BSA… Read More
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SEC

An Analysis: SEC 2020 Financial Fraud Actions

On September 30, 2020, the Securities and Exchange Commission (SEC) closed its books on FY2020 and, on November 2, released its 2020 Annual Report. Analysts have begun reviewing SEC enforcement actions to reach conclusions about the types of financia… Read More
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U.S. DOJ’s Cyber-Digital Task Force Issues Crypto Guidance

On October 8, 2020, the United States Department of Justice’s (DOJ) Cyber-Digital Task Force released new cryptocurrency guidelines. The 83 page report, entitled “Cryptocurrency: An Enforcement Framework” identifies cryptocurrency users’ lega… Read More
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USA v. Huberfeld: Conspiracy to Commit Wire Fraud

Sentence Vacated Following Improper Application of Federal Sentencing Guidelines In United States v. Huberfeld, 2nd Cir. No. 19-436(L), the Second Circuit Court of Appeals vacated a 30-month prison sentence and a $19 million order of restitution in a… Read More
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2019 – WHITE COLLAR CASES REVIEWED

FEDERAL HEALTH CARE FRAUD – “Pill Mills,” Medicare “Anti-Kickback” Frauds This year, the U.S. Department of Justice brought charges against numerous doctors and health care professionals alleging illegal distribution of millions of opioids… Read More
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Bank Fraud Convictions Reversed

The Sixth Circuit’s in United States v. Banyan, reversed the defendants’ bank fraud convictions. The reason: the government didn’t show the defendants got any money from a bank. The court held: “…the government charged the defendants with t… Read More
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