While one's reputation is on the line with any type of criminal charge, a certain social stigma also comes with facing credit card fraud charges. Even for the person who is simply just charged -- and not convicted -- some may be quick to jump to judgment. This makes it even more important to set the story straight.
In Wisconsin, unauthorized use of a person's identifying information or documents is a Class H felony. Identity theft is the act of stealing another's property for personal gain. A conviction for this white collar crime can have serious consequences for defendants.
Individuals and companies can face criminal prosecution for overbilling insurance companies and government medical programs for patient services. The federal government certifies Medicaid Fraud Control Units in Wisconsin and nearly all other states investigate fraud in federally-funded health care programs.
The often-complex elements of mail or wire fraud can confuse anyone, but Wisconsin citizens facing such charges should take the time to learn about the allegations. This will prepare defendants for court, if necessary, and for any other legal proceeding related to their cases.
Whether you call it soft fraud, a little white lie or a tiny cheat, engaging in even the mildest form of insurance fraud is a very serious matter. In fact, the FBI has devoted an entire page to the problem, complete with examples of common schemes and links to additional resources. The FBI page also reveals the cost of insurance fraud to citizens of the United States.
White collar crime encompasses many different illegal activities such as health care fraud, computer crimes, identity theft and more. Embezzlement, a serious offense in the eyes of the law, is another crime largely relegated to the white collar workforce.
Forgery is a crime that generally involves creating a false document or writing a fake signature with the intent of passing the document, or signature on a document, off as if it were real. Forgery can also involve making an imitation of an item of value, such as historical papers, corporate documents, or even paintings with plans to pass the items off as if they were the originals.
A 57-year-old Milwaukee man is facing four counts of bankruptcy fraud and eleven counts of bank fraud after an indictment handed down by a federal grand jury on Oct. 7. According to court documents, the charges against the man stemmed from an investigation by the Federal Bureau of Investigation that began back in April 2012, after the man filed for bankruptcy in 2011.
Identity theft is a type of crime in which a person obtains another person's personal information without their permission and then uses this information for illegal purposes. It generally involves either a type of deception or fraud.
The Ponzi scheme is a type of con or scam that was reportedly first performed by a man named Charles Ponzi in New England back during the 1920s. Ponzi began his scheme by initially purchasing a small amount of international mail coupons that he would use show to investors as part of his pitch to convince people to invest. Ponzi reportedly would tell investors that he could give them a 50 percent return on their investment in as little as 90 days.