It is safe to say that almost no one wants to pay more in federal income taxes than what they are obligated to pay. Therefore, many people take advantage of tax credits and tax deductions found in the federal tax code to lower their tax liability. But when does...
White Collar Crimes
Skimming targeted by Texas Financial Crimes Intelligence Center
Skimming might seem like a minor white-collar crime, but it can involve complex criminal organizations and cost millions in losses. The Texas Financial Crimes Intelligence Center (FCIC) has identified hundreds of skimming suspects who may be charged with crimes....
FTX founder accused of embezzlement, other federal crimes
Cryptocurrency is a popular way to invest your money, but is it always safe? One cryptocurrency company went bankrupt in November 2022, and its CEO is now being accused of embezzlement. FTX founder accused of white-collar crimes The U.S. House Financial Services...
Texas woman accused of mail theft and check forgeries
Not all crimes are violent, much like not all thefts occur in person. White-collar crimes are serious, causing significant damage to those impacted. As such, the penalties associated with white-collar crimes are serious. Mail theft allegations Based on recent reports,...
Will the charges be dropped if I give the money back?
For those who have felt the cold steel of handcuffs, you know the horror, uncertainty and fear of the immediate predicament. Unless you already have an attorney on retainer, you do not know what to do. You do not know what will happen to you. And, you will look for...
Embezzlement is a major white-collar crime
A white-collar crime investigation can be lengthy and costly for its targets. Federal or Texas law enforcement can investigate individuals for allegedly misappropriating entrusted assets. Embezzlement Embezzlement is among the best known of these white collar crimes....
Fraud allegations can affect more types of jobs than you might think
Financial fraud allegations can happen to anyone that has a job in the financial, banking, investing, credit and sales, generally. Realistically, if you have access to the personal information of customers, like credit cards, bank accounts, Social Security Numbers,...
What do I do if I’m being raided?
Let us set the stage. You hear rumors in the office that the police or FBI are sniffing around the office. People are being asked questions about potential white collar crimes or allegations, but you have not done anything wrong, so you do not pay attention. Then, one...
What does it mean to be accused of embezzlement?
We all have lapses in judgment sometimes, especially while at work. While most workers obey the law, some might be accused of committing a white-collar crime, specifically, embezzlement. This is concerning as embezzlement can lead to jail time, fines and can...
What are the potential penalties for embezzlement?
The goal of for-profit businesses in Texas is to make money. Some companies sell products, others sell services, but all businesses need employees who create invoices, send them out and then actually collect the money which could be in the form of cards, wire...