On behalf of Christopher A. Wellborn, P.A. | Feb 25, 2020 | White Collar Crimes
The False Claims Act was enacted to protect the federal government against financial loss due to fraud perpetrated against them by individuals and businesses. Fraud in this sense deals with federal money or property that is associated with a specific rule or...
On behalf of Christopher A. Wellborn, P.A. | Feb 19, 2020 | White Collar Crimes
When it comes to corporate finance and stock market investing, many people can often get confused by the myriad of terms used when referring to activities. The confusion can be especially great when allegations of misconduct or illegal activities are made. In many...
On behalf of Christopher A. Wellborn, P.A. | Feb 10, 2020 | White Collar Crimes
On popular TV shows and in movies in America, people using a fake ID or other falsified documents might get away with it. The act itself might seem okay, not that big of a deal or perhaps even glorified. However, forging documents is a serious crime. All states in the...
On behalf of Christopher A. Wellborn, P.A. | Feb 9, 2020 | White Collar Crimes
Both Ponzi and pyramid schemes are fraudulent investment programs created to earn a considerable amount of money from investors. According to The Investor, Ponzi schemes, however, investors are made to believe that their money gets put to work, and it is a real...
On behalf of Christopher A. Wellborn, P.A. | Feb 9, 2020 | White Collar Crimes
According to South Carolina law, white-collar crimes attract severe penalties, and embezzlement is no exception. Even before the conviction stage, embezzlement charges still have severe consequences on the accused. This case can endanger their career, reputation, and...
On behalf of Christopher A. Wellborn, P.A. | Feb 6, 2020 | White Collar Crimes
Mortgage fraud is a white collar crime that involves using incorrect information to get a mortgage loan. It is a crime when that information is intentionally incorrect. If you accidentally misstate something, the lender will usually catch it and you can correct it....
On behalf of Christopher A. Wellborn, P.A. | Sep 27, 2019 | White Collar Crimes
Financial fraud is common in the workplace. Individuals who have access to finances and sensitive details are often culprits of fraud. These individuals can include business owners, CFOs, executives and financial managers. Under South Carolina law, allegations of...
On behalf of Christopher A. Wellborn, P.A. | Jun 28, 2019 | White Collar Crimes
Last week, the FBI raided a Charleston car dealership in search of evidence for allegedly defrauding lenders by submitting fabricated loan papers in order to facilitate the business to sell more cars and bring in additional earnings to its employees. According to...
On behalf of Christopher A. Wellborn, P.A. | May 17, 2019 | White Collar Crimes
Every so often, we read a news story about a famous or powerful person facing charges of tax evasion. Often, these stories will include a quote from a representative for the defendant who says that their client did not intend to evade taxes, but merely made a mistake....
On behalf of Christopher A. Wellborn, P.A. | Apr 17, 2019 | White Collar Crimes
Federal officials broke up a billion-dollar nationwide kickback conspiracy that lured and sold medically unnecessary braces to hundreds of thousands of seniors. More than 80 search warrants in 17 federal districts have been served and charges were being brought...
