Being accused of credit card fraud is serious, and people in Michigan or elsewhere will be wise to seek legal counsel as soon as possible. In fact, that applies to any accusations of white collar crimes. This will likely be the first steps taken by three men in another state who were recently arrested and charged with credit card fraud.
When academics or other professionals are accused of criminal activity, the damage to their reputation and other aspects of their lives can be devastating. Michigan residents are likely shocked to learn that a 73-year-old professor in international relations in another state was recently indicted on federal white collar crimes charges that are similar to those on which he had been an expert witness in multiple criminal cases. It is alleged that the professor, who was an expert on organized crime and money laundering, laundered millions of dollars as part of a ring of corrupt foreign nationals.
An osteopathic physician with a clinic in Michigan was charged in federal court last year with conspiracy along with health care fraud. In July, another seven counts were added to the initial 18 counts. Two other individuals who apparently also worked out of the same clinic were also charged. The alleged white collar crimes involve selling services and compounded creams and submitting false claims with health insurers like Medicare.
Managing the wealth of others has tempted many financial consultants in Michigan and elsewhere over the years. In one such case, a man was recently indicted in federal court on securities and wire fraud charges. He is accused of being involved in two fraud schemes. Unfortunately, the temptation to commit white collar crimes can be overwhelming for some individuals who work with millions of dollars belonging to others.
A high-ranking official of United Auto Workers, with its headquarters in Michigan, is facing several felony charges, along with several other top officials of the union. The alleged white collar crimes case was outlined in a recent criminal information filing in the U.S. District Court sitting in Detroit. Prosecutors allege the defendant was part of a conspiracy to embezzle over $1.5 million from the UAW.
Medical professionals and other health care providers in Michigan and elsewhere frequently find themselves facing federal charges. Many of the white collar crimes cases filed in federal courts involve health care fraud. An acupuncturist recently pleaded guilty in one such a case in another state. She was accused of filing fraudulent bills worth millions of dollars with Amtrak's health care plan.
Following a federal investigation, five people in the medical world were recently arrested. The special agent of the Inspector General's Office in the U.S. Department of Health and Human Service says the five people are trusted health care professionals, typically expected to provide patients nationwide, including Michigan, with quality medical services. The white collar crimes charges they face range from health care fraud to fentanyl theft.
The FBI recently reported that business email compromise cost U.S. companies $26 billion between 2016 and now. These white collar crimes are simple to carry out and extremely effective, and targets can be companies in Michigan or elsewhere in the country. Authorities say that this type of email wire fraud appears to be one of the most costly cyber crimes committed against corporations.
The consequences of being charged with identity fraud and wire fraud are serious for anyone in Michigan or elsewhere. A 24-year-old man was recently indicted by a federal grand jury in another state on white collar crimes charges. He is accused of defrauding an elderly victim to the value of $800,000 during a period of less than one year.
Anyone in Michigan or elsewhere in the United States who is investigated by the FBI or the IRS involving illegal business practices or other fraudulent behavior stands the chance of facing federal charges. The FBI recently reported that a father and son who are partners in a a sports car dealership were taken into custody and charged with various white collar crimes. The formal charges include defrauding the U.S. Government and bank fraud.