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.
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.
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 against two dozen defendants in different states including South Carolina. According to U.S. Attorney for South Carolina, the investigation is one of the largest Medicare fraud investigations in the history of the FBI, the Department of Health and Human Services and the IRS.
When a person is accused of forgery here in South Carolina, they can face serious charges. Today, we’ll go over some common questions about such charges.
South Carolina residents who are accused of white collar crimes may recognize the adverse impact such allegations can have on their personal and professional lives. White collar crimes can include theft of company funds or client funds, bank and mortgage fraud and check forgery. The theft of credit cards and identity theft, money laundering, Internet scams, and investment fraud are also classified as white collar crimes.
On March 31, a Charlotte couple accused of cheating homeowners out of $660,000 was arrested on seven charges, including criminal conspiracy and breach of trust. The husband and wife allegedly kept funds given to them for home building projects instead of providing this money to subcontractors. Many of the homes were not completed or were left incomplete.
According to reports, a 45-year-old Ladson man was arrested on Jan. 15 for allegedly evading taxes. The man reportedly turned himself in to investigators with the South Carolina Department of Revenue upon learning of the charges.
The prospect of facing any criminal charge in South Carolina is daunting. The accusations can tear families apart, destroy reputations and put untold stress on everyone involved. Regardless of guilt, the accused’s standing in the community can be irreparably damaged. Even with white collar crimes where no physical injury occurs – like embezzlement, fraud or breach of fiduciary trust – the repercussions can be devastating for the defendant.
Drawing attention to his lavish lifestyle with his loud parties helped one North Carolina business owner get charged with multiple white collar crimes, including money laundering, health care fraud and tax fraud. Throwing the loud parties with many guests only served to irritate the other residents of the quiet neighborhood, which resulted in multiple complaints from his homeowners association.
White collar crimes are among the most serious offenses a person can commit, and convictions can lead to prolonged prison sentences. Many people charged with embezzlement, fraud and similar crimes are arrested for something they have done at work. Frequently, they are unaware that their actions were in violation of any laws. Maybe they were asked to perform the work by a superior, or an employer placed a greater responsibility on the person than was reasonable. No matter how the situation arises, it is important for people suspected of white collar crimes in South Carolina to pursue a criminal defense in order to protect themselves and their future.