Authorities have nabbed a New York-based quartet of scammers who masterminded a multimillion-dollar identity theft and money laundering scheme using credit card skimmers. Ring leader Davit Kudugulyan, 45, pleaded guilty to second-degree money laundering in New York State Supreme Court…
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Comverse CEO faces securities fraud charge a decade later
The former founder and chief executive officer of Comverse Technology Inc. pleaded guilty to one count of securities fraud in a Brooklyn federal court on August 24. Jacob Alexander ended his extradition fight in Namibia where he had been living…
Freedom Tower contractor found guilty of wire fraud
A Canadian contractor working on the Freedom Tower in New York City was convicted of wire fraud and conspiracy to commit wire fraud charges on August 10. A Manhattan federal jury found Larry Davis, 65, and his company guilty of…
Credit card fraud charges becoming more common in New York City
Charges for crimes such as credit card fraud, identity theft, and other Internet crimes are becoming more common. Police say that the occurrence of such crimes has risen, and prosecutors have increased their focus on these charges. Manhattan district attorney…
Tagged with: Christopher Flanagan, Financial Crimes Task Force, New York City, NYPD, scheme, Vance Jr
Florida Supreme Court Ends Attorney Fee Caps on Workers’ Compensation
The business and insurance industries were dealt a blow recently by the Florida Supreme Court, which voted 5-2 in favor of a workers’ compensation plaintiff who alleged the state’s attorney fee caps were unconstitutional. This is a victory for injured…
New York man pleads guilty to securities fraud
Authorities said that a New York man pleaded guilty to securities and wire fraud in connection with a scheme to defraud his family members and friends out of over $1.5 million. Williams Wells, 42, pleaded guilty in federal court in…
New York man pleads guilty to securities fraud
Authorities said that a New York man pleaded guilty to securities and wire fraud in connection with a scheme to defraud his family members and friends out of over $1.5 million. Williams Wells, 42, pleaded guilty in federal court in…
White-collar crime on the rise among street gangs
A recent Associated Press (AP) article highlights a shift in money-making schemes for young street gangs — away from violent crime and drug sales in favor of white-collar fraud. New York’s Van Dyke Money Gang used a Western Union money…
Tagged with: Al Pasqual, New Jersey, New York, scheme, South Florida, Van Dyke Money Gang, Western Union
Penalties for alcohol or drug-related driving violations
In our last post, we reviewed the differences under New York law between drivers’ license revocations and suspensions. In this post, we want to review the penalties that can be imposed for alcohol or drug-related driving violations that involve license…
RESOLVING FEDERAL EMPLOYEE HEALTH BENEFIT ACT AND FEDERAL MEDICAL CARE RECOVERY ACT LIENS IN PERSONAL INJURY CASES
by Thomas D. Begley, Jr., CELA Federal Employee Health Benefit Act The Federal Employee Health Benefit Act (FEHBA) provides group health insurance for federal employees.[1] Although there is no statutory right of subrogation or reimbursement, FEHBA contains a preemption…
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