Brokerage firm Georgia State Homes recently spoke with Nick Lotito about his leadership roles in the community, his passion for law and where it all began. You can find the full profile here.
When the Affordable Care Act -- aka Obamacare -- was passed, it gave more resources and tools to fight fraud in federal health care programs. One such tool was $350 million to hire added prosecutors and investigators for the fight against fraud. The law also made for harsher sentencing in criminal prosecutions of health care fraud and improves upon provider and supplier screenings. The ACA also boosts the sharing of data across all levels of government.
On June 18, 2016, Sylvia M. Burwell, secretary of the United States Department of Health and Human Services, announced a national Medicare fraud strike that caused charges to be filed against 243 persons for falsely billing about $712 million in false billings.
The Panama Papers have made a lot of headlines, partially for the people named in them, but also for the allegations against them. Many of the individuals implicated in the Papers have been suspected of money laundering and other types of white collar crime.
For anyone accused of laundering money, both federal and state charges can be brought. That can mean the need for a quick and thorough legal defense, to protect the interests of the accused as much as possible. If you have been accused of money laundering, understanding the charges against you is very important.
We live in a society so dependent on credit and debit cards that people hardly seem to notice when and where their money comes and goes. Gone are the days of balancing checkbooks and counting bills. We often don't know how much money we have until we look at a bank statement once a month.
These somewhat lax tendencies can increase the temptation to skim off the accounts of unsuspecting consumers, especially for those who regularly handle others' credit cards. But credit card fraud isn't limited to one industry or demographic. You may work in retail, mail services or any business that handles financial transactions. Or you may have simply happened across a lost credit card. The intended monetary gain may be fairly insignificant or in the tens of thousands of dollars.
Not so long ago, the practice of buying residential property at a low price, renovating it and selling it for a profit was all the rage. Popular reality TV shows such as "Flip That House" wooed viewers into thinking that the practice was a relatively easy way to make money in the real estate industry.
Not only are these prospects much more difficult to pull off than the shows portrayed, but in some cases the practice of "house flipping" is illegal and punishable by heavy fines and prison time. If you've been implicated in a mortgage fraud scheme involving a flipped property, you undoubtedly have questions about where things went wrong and what your risk is of being prosecuted.
The holiday season carries so many expectations: quality time with family and close friends, gift exchanges, and yes, invitations to at least a few parties. It's a hectic, fast-paced time of year, which means that most of us also feel some amount of stress and possibly even depression amid the shopping and celebrating.
Whatever your state of mind is at this time of year, you may find yourself with a festive cocktail in hand more often. Therefore, it's important to be mindful of the consequences of driving while intoxicated. Most drivers are aware that driving with a blood-alcohol concentration of more than .08 percent is illegal. But there's much more you need to know.
It doesn't take an MBA to understand that raising or lowering the price of a product affects a company's competition in the market. Whether it's in response to consumer demand or a competitor's change in its pricing, companies are free to set the prices of their own goods or services. It's one of the main tenets of our free market economy.
But there are limitations to what companies can do when raising or lowering prices. A prime example is price-fixing, in which two or more companies agree to restrict competition by raising, lowering or stabilizing their prices. This business practice is illegal, and those who engage in it can face heavy penalties from the government agencies that enforce antitrust laws.
For many people who are charged with a work-related white collar crime, an arrest doesn't come as a complete surprise. If you've taken a risk by skimming funds from your employer or similar activity, chances are good that you're waiting for the other shoe to drop.
This waiting can be an excruciating experience because you don't know what lies ahead. Will you be arrested, and when? Will you go to jail, and for how long? Most important, how can you prepare for whatever lies ahead?
Have you ever been lost in a maze? Being accused of a white collar crime can feel very much the same. Being confused and in a state of panic, are often normal reactions to the initial shock of learning you are being investigated or charged.
Even if you've never been charged with a crime before, you might guess that one of the first things you should do is find an attorney. But how do you choose one among the hundreds of lawyers that surface in a Google search? Here are some key points to keep in mind when selecting a criminal defense attorney for your fraud case:
After what seems like decades of a constant ratcheting up of maximum sentences, and an increased use of mandatory minimum sentences, there have been some favorable changes, both in the books and on the way. Each year, amendments are proposed to the Federal Sentencing Guidelines. Last year, a 2-point decrease in the sentencing guidelines for drug offenses went into effect. This change was retroactive, and , with a Rule 35 sentencing reduction, for cooperation completed after sentencing, a client was released from custody for time served. Others will be released ahead of schedule. This change impacts thousands of persons in custody for federal drug crimes.