White Collar Crimes

Credit Card Fraud is a broad term for theft and fraud involving payment cards such as credit or debit cards. Often associated with identity theft, credit card fraud is limited to about .1 percent of all card transactions. However, there have still been huge financial losses as the fraudulent transactions become bigger and bigger.At Bukh Law Firm you are not only getting the very best team of criminal defense lawyers, but a compassionate, understanding ally in the fight to clear your name and reputation in the aftermath of accusation. Let one the best New York white collar lawyers handle your case. Call us today 800-601-0207. We are available 24/7.

Counterfeiting simply means to imitate something and the term “counterfeiting” describes both the forgeries of currency, documents as well as the imitations of real products such as clothing, handbags and pharmaceuticals.While global governments condemn the counterfeiting of money, many governments condone the counterfeiting of products.

Presently, counterfeit paper money is the most popular item counterfeited.

Extortion, often called a shakedown, is a criminal act that takes money, property or services from an individual or businesses through coercion.The actual obtainment of property or money is not required to commit a crime. Making a threat of violence that is made in connection with a promise of future violence is sufficient to commit a crime.

Extortion can be a serious corporate white collar crime subject to severe punishment, as per white collar crime sentencing guidelines.

Embezzlement is the crime of wrongfully withholding assets belonging to another individual when the assets have been trusted to be held or used for other purposes.A form of financial crime, an attorney could embezzle funds from clients’ trust accounts, and a financial advisor could embezzle funds from investors.

In the US, embezzlement is a statutory offense making the definition of the crime vary from statute to statute. Normally, elements of embezzlement include the fraudulent conversion of the property of another person by an individual who has lawful possession of the property.

Normally investigated by the Immigration and Customs Enforcement (ICE) agency, individuals frequently face investigations for export control crime in one of three situations:

1. Shipping something illegal — such as the suspected shipping of narcotics or other illegal items.
2. Shipping without a proper permit — as when happens if a person ships an item, like alcohol or firearms, without the proper authorization from the government.
3. Shipping to prohibited country. The US government has prohibited US citizens and businesses from shipping items to different countries for a variety of reasons.

Contact a criminal lawyer at (212) 729-1632 to discuss your defense strategy.

Fraud Crimes are crimes deliberately committed to secure an unlawful gain. Fraud can be both settled in civil court and criminal court. Defrauding people or businesses/organizations of money is the usual purpose, but sometimes involves obtaining befits without the actual deprivation of money or valuables, for instance, fraudulently obtaining a driver’s license.Commonly confused, a hoax is a distinct of concept that involves deception without the intention financial or material gain.

If you are in danger of being charged with any white collar crime, your whole life is on the line. White collar crime offenders have so much to lose. Get in touch with a competent a white collar crime lawyer today for a comprehensive advice about your situation.

Forgery is the process of making or adapting objects or documents with the intention of deceiving individuals and/or businesses into giving up large sums of money.The criminal act of forging of money is more often called counterfeiting, but consumer goods may also be forged if they are not produced by the designated manufacturer.

The similar, and related, crime of fraud is the criminal act of deceiving an individual and/or business through the use of objects obtained through forgery. Forgery is one of the techniques of fraud including identity theft. As reported by most criminal lawyers, forgery (as well as any other ID theft crime) is among the top popular charges pressed by the Federal government.

Healthcare fraud includes health insurance fraud, drug fraud, and medical fraud.Insurance fraud happens when any act is committed with the criminal intent to fraudulently obtain some benefit to which a person is not entitled. It also happens when someone willfully denies some benefit that is due and to which an individual is entitled.

According to the Federal Bureau of Investigation, the most common types of Insurance fraud include Premium diversion, fee churning and Workers Compensation Fraud. Many white collar attorneys can successfully mitigate this to a lesser charge.

Identity Theft is a form of stealing someone’s identity where an individual pretends to be someone else usually as a means to gain access to financial resources or obtain credit and other benefits in that person’s name.First coined in 1964, identity theft is more accurately identity fraud or impersonation as it is not possible to steal an identity. ID theft can be prosecuted as a state or federal white collar offense.

Investment fraud, also known as securities fraud or stock fraud, is a criminal practice in the commodities market that entices investors to purchase or sell on the basis of false information.Offers of risky investments to naive investors who cannot evaluate the risk appropriately and cannot afford the financial loss is a central problem.

The terms used by District Attorneys and defense teams define a wide range of actions including insider trading, front running, and other criminal acts on the floor of a stock exchange.

Financial Crimes are crimes against property normally involving the illegal conversion of property rights from one individual to another.Financial crimes include check fraud, credit card fraud, mortgage fraud, theft, scams, “con” games, tax evasion, money laundering, forgery, and counterfeiting.

Financial crimes often are carried out in conjunction with other crimes such as computer crime, elder abuse, armed robbery or even violent crime. Financial criminal acts may be committed by individual offenders or corporations.

Money Laundering is the criminal process where the proceeds of a crime are changed into apparent legitimate funds (money) or other assets. Many anti-money laundering laws openly equate money laundering with terrorism and the financing of terrorism.While issues related to money laundering have been around as long as there have been criminal enterprises, most modern anti-money laundering laws have been developed as a response to the war on drugs. Even more recently, as mentioned, anti-money laundering laws are seen as a response to the financial crime of terrorist financing, although money laundering deals with where the money is coming from and terrorist financing deals with where the money is headed. Please talk to a white collar defense attorney as soon as possible to get a clear understanding of the criminal charges you may face.

Authorities at the federal level of law enforcement have identified an increase in frauds in the real estate industry. These schemes victimize individuals and families including low-income families, or who lured into home loans they can’t afford.Some of the common real estate fraudulent acts, as described by white collar law:

1. Property Flipping — A buyer buys a property at a low price and then resells it quick to for a greatly increased price. While not illegal in its accord, property flipping often includes making false statements to the financier.

2. Two Sets of Statements — Also known as keeping a secret set of books so that the actual financial activity surrounding a piece of real estate is hidden and manufactured data is shown to the public, banks, lenders and other financial businesses.

3. Fraudulent Qualifications — Real estate agents may alter, or falsify, a potential buyer’s qualifications to get them into a property they otherwise may not be able to afford.

Tax Crimes are investigated by the Internal Revenue Service in conjunction with other federal agencies.According to the IRS, individual taxpayers do 75 percent of the cheating by underreporting their income. Self-employed taxpayers who over-deduct business-related expense also make up a large percentage of tax cheats.Auditors are trained to look for tax fraud that occur beyond honest mistakes. Tax cheats often use a false Social Security number, may keep two sets of financial records or claim a blind spouse as a dependent when they are single.

A careless mistake on a tax return might add an extra 20 percent penalty to the tax bill whereas tax fraud normally hits with a 75 percent penalty.

The line between negligence and fraud is not always clear — even to the IRS and the court – make sure you have a strong white collar defense behind your back.