Posts Tagged white collar crime
Sovereign Citizen Heads To Prison
by Brian Mahany
Over the years I have met many people in the sovereign citizen movement. These are folks who don’t believe in the tax laws of the United States. Most are quite intelligent and have done much research before they decide not to pay federal income tax. Although all of these folks can cite cases [...]
It Must Be True, I Heard It On TV
Posted by admin in Fraud Recovery, White Collar Criminal on December 13, 2011
by Brian Mahany
My grandmother would often say “It must be true, I heard it on TV.” That was years ago but people still believe things they see or hear on the TV, radio or Internet. Now a federal grand jury in Los Angeles has indicted a radio talk show host and charged him with running [...]
Monkey See, Monkey Don’t
Posted by admin in Tax, White Collar Criminal on December 9, 2011
by Brian Mahany
Most of the articles we post are designed to help people who themselves the victim of fraud or have difficult tax problems. Sometimes, however, we have to remind ourselves that we can’t save people from themselves. Take the example of Kemp Shiffer, an IRS Special Agent.
Several years ago Shiffer was [...]
Rare Appeals Court Victory For Criminal Defendants
Posted by admin in White Collar Criminal on July 8, 2011
by Brian Mahany
Very often criminal trials devolve into a “he said, she said” battle of the witnesses. Sometimes witnesses have different perceptions of the same event. On other occasions one of the witnesses is simply lying. Figuring out who is telling the truth is in the hands of a jury. Although neither the defense attorney [...]
Feds Target CPA’s, Lawyers
by Brian Mahany
Earlier this week, the Justice Department convicted the former chairman of prominent CPA firm BDO Seidman as well as two attorneys from Jenkens and Gilchrist for their role in promoting abusive tax shelters. The government has announced that it is targeting lawyers and financial professionals involved in illegal tax schemes.
The defendants argued that [...]
Rod Blagojevich Round 2 – A Lesson for All White-Collar Defendants
Posted by admin in White Collar Criminal on February 24, 2011
by Brian Mahany
Federal prosecutors asked the court this week to dismiss certain charges against former Illinois Governor Rod Blagojevich. That’s right – dismiss! More political shenanigans in Chicago? Absolutely not.
Jurors could not agree on a verdict last year after hearing the evidence in Blagojevich’s trial. The jury deadlocked on 22 counts and returned a guilty [...]
Alleged Ponzi Schemer Sues SEC and FBI Agents
Posted by admin in Fraud Recovery, White Collar Criminal on February 19, 2011
by Brian Mahany
There is nothing ordinary about litigation. Once an action is filed, there is no way of knowing the outcome. Although lawyers will often tell you that courts are best at resolving disputes, most people disagree. Often litigation results in countersuits. In the case of the government’s prosecution of alleged Ponzi schemer “Sir” Allen [...]
Sensational Charges Against Hedge Fund Managers Revealed
Posted by admin in White Collar Criminal on February 12, 2011
by Brian Mahany
The U.S. Attorney’s Office in Manhattan has charged a hedge fund manager with insider trading. Donald Longueuil was charged with conspiracy to commit securities and wire fraud and obstruction of justice. The obstruction charge stems from Longueuil’s middle of the night efforts to destroy computer hard drives.
The FBI and SEC have been investigating [...]
Can Your Business Afford a Compliance Program? Can It Afford Not Having One?
Posted by admin in White Collar Criminal on January 16, 2011
by Brian Mahany
Can Your Business Afford a Compliance Program? The Better Question is Can You Afford Not Having One?
Compliance problems cost U.S. businesses billions of dollars. That’s right, billions. A compliance problem can result in crippling fines, loss of reputation, huge legal fees and often the loss of senior management. The existence of an effective [...]
Congress Seeks More Jail for FCPA Violations
Posted by admin in White Collar Criminal on December 5, 2010
by Brian Mahany
More arrests and tough prison sentences for were the topic at the Senate Subcommittee on Drugs and Crime last week in Washington D.C. Committee chair Sen. Arlen Specter grilled Justice Department officials on November 30th asking why so few individuals are prosecuted under the Foreign Corrupt Practices Act (FCPA).
Specter said he took interest [...]
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