Category: White Collar Crime

Embezzlement is a serious financial crime with significant legal and personal ramifications for those involved. If you find yourself facing embezzlement charges in North Carolina. In that case, it is essential to have a comprehensive understanding of the offense, the potential consequences, and your rights under the state’s legal system. 

Like many other states, North Carolina has stringent laws to address embezzlement and protect the interests of individuals and businesses. Embezzlement typically occurs when someone entrusted with financial resources misappropriates or diverts those resources for personal gain. The person committing the act of [...]

White-collar crimes, often committed within professional or business settings, have substantial consequences for North Carolina individuals. Convictions for these offenses can significantly impact personal lives, careers, and reputations. Understanding the specific consequences of white-collar convictions is essential in comprehending the gravity of these offenses and the challenges individuals face in navigating their aftermath.

North Carolina treats white-collar crimes with seriousness, imposing significant legal penalties that vary based on the nature and severity of the offense committed. Offenses such as embezzlement and fraud can result in felony charges, leading to potential prison sentences and [...]

Insider trading is a serious offense that undermines the fairness and integrity of financial markets. Federal and state laws regulate insider trading activities to protect investors and maintain market confidence. In North Carolina, individuals must be aware of the legal framework surrounding insider trading to ensure compliance and avoid severe penalties.

Understanding Insider Trading Laws in North Carolina

Insider trading occurs when individuals trade stocks or securities based on material non-public information. Like most states, North Carolina has laws that mirror federal regulations on insider trading. Here are essential aspects of insider trading [...]

The future is questionable for Senator Richard Burr from North Carolina. Senator Burr is being investigated by the FBI and Department of Justice for possible insider trading stemming from his stock sales at the beginning of the COVID-19 pandemic in the United States.

According to CBS 17, Senator Burr may have exploited information he was privy to as the chairman of the Senate Intelligence Committee in the selling of $1.7 million in stocks in the days preceding the downward spiral of the stock market due to concerns about COVID-19. 

Of course, Senator [...]

A Florida man was recently convicted of wire fraud and tax evasion after stealing millions of dollars from his wife and father-in-law using his father’s North Carolina company.

The man told his wife and father-in-law that he was investing their money conservatively in US Treasury bills, but was actually using the money to make risky trades in futures and commodities. 

He also used $1.6 million for his own personal expenses, including an oceanfront condo in Florida. Eventually, he even mortgaged his father’s real estate holdings to conceal his investment losses.  

He has now [...]