White Collar Crimes

Is cryptocurrency secret? Law enforcement more able to trace it

On May 7, the Colonial Pipeline’s computer systems were breached in a highly publicized ransomware attack. It had to shut down the pipeline until it paid approximately 75 bitcoins to

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California man convicted of bank fraud for hiding pot transactions

It’s not easy selling the green. Marijuana is legal, at least for medical use, in most U.S. states (it’s not yet allowed here in North Carolina), but it’s still illegal

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How will cryptocurrencies be regulated under Biden?

When it comes to Bitcoin and other cryptocurrencies, there is always the possibility that they could be used for illicit transactions and money laundering. Yet freedom from government intrusion is

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Trump loses legal battle to shield financial records from New York criminal probe

After a years-long legal battle, former president Donald Trump finally surrendered his tax and financial records to a New York state criminal probe. The Supreme Court rejected his Hail-Mary pass

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Federal government starts cracking down on PPP fraud

The coronavirus pandemic has hit small businesses hard, and many are desperate for funds to keep their doors open. An alphabet soup of financial aid – PPP (Paycheck Protection Program),

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A CEO, a stowaway and an international fugitive

It turns out life is like the movies – at least a little bit. But movies focus on the drama and action and skip the consequences and court cases. Carlos

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North Carolina woman charged with embezzlement

According to the North Carolina Department of Revenue, a 56-year-old woman stands accused of embezzling approximately $30,000 in withholding tax money for the state. The woman was arrested last month

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What is the legal definition of embezzlement?

In the North Carolina General Statutes, the crime of embezzlement is referenced in Chapter 14, Article 18. In general, embezzlement refers to the theft or larceny of money, property or

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