In a jaw-dropping scandal that recently took the nation by storm, dozens of wealthy parents were charged with cheating and lying to get their children into top-tier schools. The federal investigation - dubbed "Operation Varsity Blues" - is the most far-reaching college admissions prosecution in national history.
Michael Avenatti became a familiar face on cable news shows when he represented adult film star Stormy Daniels in her case against Donald Trump. Avenatti loudly voiced his distaste for the president, and even toyed with the idea of taking on Trump in the 2020 election.
Do you know the types of crimes that are considered "white-collar" violations? In most situations, white collar crimes involve financial misdeeds that are often attributed to those with larger personal resources. However, this category of crime comprises a wide variety of violations for North Carolina defendants. Today, we learn more about the most common types of white collar crime.
Two Greensboro, North Carolina, residents have pleaded guilty to federal allegations in connection with a fraudulent sweepstakes system in Costa Rica. The pair, a 39-year-old woman and her 41-year-old husband, were accused of white collar crimes after they allegedly established a sweepstakes program in Costa Rica. That program was reportedly designed to fraudulently solicit funds from U.S. residents, many of whom were elderly. In all, the couple is accused of making off with more than $840,000 because of the scheme.
A physician who reportedly hid millions of dollars in income from the federal government has officially pleaded guilty to tax evasion and health care fraud. The man, who had been an owner in North Carolina's Northcross Medical Center, will also pay more than $6 million in connection with a civil fraud case that accompanied the tax evasion and health care fraud allegations. The 55-year-old man will be paying the largest-ever settlement in the Western District of North Carolina for a single physician.
A North Carolina man who owned a local funeral home has pleaded guilty to charges that he embezzled money from his business. The 27-year-old man has already had his professional license revoked this year. He was officially charged in January with white collar crimes including obtaining property by false pretense and embezzlement.
The former mayor of Charlotte, North Carolina, has pleaded guilty to a public corruption charge in connection with allegations that he accepted bribes from federal agents. The man, Patrick Cannon, admitted to the white collar crimes on May 27. He will be sentenced on one count of honest service wire fraud, a charge that carries with it up to two decades in prison and a quarter-million dollar fine.
The 61-year-old owner of a business in Cabarrus County, North Carolina, is facing felony tax charges after reportedly assisting a corporation with illegal financial moves. The man, who is a corporate officer with Butler Specialties, is facing allegations of white collar crimes including embezzlement of state and county property. Reports show that the defendant was arrested after an investigation conducted by the Department of Revenue's Criminal Investigations Section. He is being held on a $1 million bond, according to news reports, and he has already had his first courtroom appearance.
A North Carolina native has been convicted on charges of organized fraud during criminal proceedings in Florida. The man, age 65, was accused of defrauding investors in his company. He has been found guilty of allegations that he used corporate investments in his businesses to pay for personal expenses. The financial fraud allegations show that the man may have taken as much as $250,000 from two couples.
Two men in North Carolina are facing federal charges after allegedly administering a Ponzi scheme in that state. A U.S. regulatory agency, the Commodity Futures Trading Commission, is pursuing a complaint against the two men, who are accused of white collar crimes involved in soliciting 11 other people to trade in specific marketplaces. The scheme allegedly solicited about $2.3 million through fraud. The CFTC is seeking a variety of civil penalties against the men in connection with the financial fraud.