Former Prominent Democratic Fundraiser Pleads Guilty To Running A...
Hassan Nemazee, a New York businessman and prominent Democratic fundraiser, pleaded guilty to charges of defrauding multiple banks such as Bank of America, Citibank and HSBC Bank of approximately $290...
View ArticleTen Defendants Indicted For Scamming Mortgage Lenders Over $10 Million
Ten defendants were indicted at the Eastern District Federal Courthouse, Brooklyn, New York, for fraudulently obtaining over $10 million in loans from banks and mortgage companies. Of those ten...
View ArticleFormer Director Of Two Non-Profit Organization Pleads Guilty To Bank Fraud
Debby Denise Matthew Campbell, the former director of New York City’s Summer Youth Employment Program (SYEP) and Mid-Bronx Senior Citizens Council, Inc. ‘s Mid-Bronx’s 21st Century Community Learning...
View ArticleLeader of Multimillion Mortgage Fraud Pleads Guilty
Sharmon Howell, the leader of a $10 million mortgage fraud conspiracy, pleaded guilty in New York City Federal Court to one count of conspiring to commit bank and wire fraud. Howell admitted that...
View ArticleNew York’s $292 Million Bank Loan Ponzi Culprit Sentenced To 12 Years In Prison
After pleading guilty to one count of wire fraud and three counts of bank fraud earlier in March, Hassan Nemazee, a New York City businessman and former prominent Democratic fund-raiser, was sentenced...
View ArticleNew York State Real Estate Attorney Found Guilty For Participating In A...
Ravi Persaud, a New York State licensed real estate attorney was found guilty of one count of bank and wire fraud and three counts of bank fraud. Persaud was convicted for allegedly participating in a...
View ArticleWhat Triggers A Federal Investigation On Illegal Cash Structure Transactions?
As we all know, there are people who do not want the Internal Revenue Service (IRS) to know about their cash transactions and therefore form various methods to evade them. One of these methods is...
View ArticleIs Making Bad Bank Loans A Federal Crime?
One of the common federally prosecuted bank fraud offenses is improper lending. Improper lending is a form of misapplication, which generally involves a bank issuing an unsecured loan to an unqualified...
View ArticleCan I Additionally Be Charged With The Federal Crime Of Bribery For Bank...
Bank Fraud is a broad crime that covers an extensive range of Federal and New York State criminal offenses, which usually involve stealing monetary assets, securities held in custody or other fiduciary...
View ArticleCan Altering A Check Be A Federal Crime?
YES. It seems like an innocuous crime, adding zeros to a legitimate check and then cashing that check. Of course, this is not just a dishonest act, but also a crime. You may not know however, that...
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