While the legislative session in Lansing and Washington, D.C. begin, headlines have been teeming with information about budget battles, votes on controversial issues and, of course, a government shutdown. In the midst of these legislative headlines, money laundering statutes and enforcement policies appear to be hidden.
New rules proposed for IRS seizures
Nothing creates anger and frustration like having your property stolen. Whether you are robbed at gunpoint or thieves invaded your home, it is reasonable to believe that you would be fairly angry.
Martin Shkreli found guilty on several, but not all, counts
A jury reached a verdict last Friday against “the most hated man in America.” Martin Shkreli stood accused of eight criminal counts related to the funding of two hedge funds he managed as well as a biotech company.
'All cash' real estate purchases garnering more scrutiny
Home renovation shows are arguably as popular as they have ever been. Perhaps it is the market driving their notoriety as in Michigan there are a number of distressed properties for investors to purchase and renovate. One could say that better economic conditions have created a resurgence of “flipping” houses.
Where exactly is the line for tax evasion?
If there is one thing that business owners across a wide spectrum of industries can agree on, it is that they all want to pay as little in taxes as legally possible. Reducing a business’ tax burden can leave more money available to invest in the business and to improve its bottom line.
4 factors must be present to prove embezzlement
Embezzlement is a very serious charge, and it probably conjures a specific image in your mind: you probably think about a man in a suit and tie, laughing in a board room after he just got away with swindling money out of a business account. Or something to that effect.
Grand Rapids man blames himself for son's conviction
The father of a Grand Rapids man sentenced to 13 months in prison for deleting financial documents says he and his son made a terrible mistake. The older man blames himself for his son’s legal problems and says he was just being a good son.
Michigan woman charged with embezzling from charity
Prosecutors claim that a Michigan woman took money raised by a charity she ran and used it for personal expenses. She has been charged with embezzlement related to nearly $20,000 in allegedly misused donations.
Michigan ex-spouses charged with healthcare fraud
When it comes to money, corporations doing business in Michigan are aggressive about protecting what they feel belong to them. They often enlist law enforcement to pursue white collar charges against individuals, whether employees or customers, they believe stole from them.
White collar crimes: Dermatologist settles insurance fraud claim
When people in Michigan or elsewhere are in trouble with the law, they may turn out to be their own worst enemies. It is only natural to try to talk one's way out of trouble when accused of a crime, but it may be more appropriate to let a legal representative handle the defense. Navigating the defense of white collar crimes, such as insurance fraud, is complicated and may need a professional to determine the most suitable strategy.