White Collar Crimes Archives

Restitution: Understanding what you have to pay

Restitution is a monetary sum that convicted criminals may have to pay to their crime victims. Florida judges will often order a defendant to pay restitution in cases where there's documentable proof that their victim has suffered some financial distress or loss due to the offense that took place. The court's goal in ordering a defendant to pay restitution is to restore the victim to the same economic point that they were at before the crime took place.

What is the Racketeer Influenced and Corruptions (RICO) Act?

The Racketeer Influenced and Corruptions (RICO) Act is a federal organized crime offense that individuals may be charged with here in Florida and elsewhere in the United States. A racketeering scheme generally involves many groups of individuals engaging in illegal businesses. These rackets are designed to extort and embezzle funds associated with prostitution, gambling, counterfeiting, drug trafficking and similar types of criminal schemes.

What is price gouging?

There's a lot to take in about the effect that the COVID-19 virus is having on the country, but one issue that seems to have caught everyone's attention is the issue of hoarding and price gouging. Those are twin problems that often crop up during any major disaster.

Ex-tribal casino employees plead guilty

On Feb. 4, 2020, four former employees of a tribal casino located in Miami, Florida, pleaded guilty to charges that they conspired to steal money from Miccosukee Resort & Gaming. They additionally entered guilty pleas to conspiracy charges related to money laundering and computer fraud, and their spouses also pleaded guilty on money laundering conspiracy charges. All of the defendants will be sentenced at some point in the early spring, and the penalties could include having to spend up to 20 years in a federal prison.

Parent pleads guilty in college admissions scandal

A scandal has drawn attention to the desperate measures taken by wealthy, well-connected parents in Florida and around the country to get their kids into high-ranking colleges. One businessman was sentenced to four months in prison and 500 hours of community service after being convicted of playing a role in an admissions fraud scheme. The 53-year-old man was also fined $95,000. He admitted to paying $250,000 to a man providing services to doctor a student's history in order to help his son gain admission to the University of Southern California.

Guilty plea in United Way embezzlement

Florida residents might like to know about a former Milton mayor charged with tax evasion and wire fraud. The man was the director of the Santa Rosa County United Way, and he allegedly embezzled $650,000 from his employer. He pleaded guilty to the charges. According to the U.S. Attorney's Office for the Northern District of Florida, the events occurred over a period of several years. He reportedly took money for the organization's business expenses and used donations that others were not aware of to pay United Way bills instead.

What to know about pyramid and Ponzi schemes

Florida residents may have heard of the terms "Ponzi scheme" and "pyramid scheme." While the two terms are similar, they're not exactly the same. The big difference between such schemes is that a pyramid scheme does not promise any specific rate of return. Meanwhile, Ponzi schemes do stipulate how much an investor can expect to receive on his or her investment.

How money is laundered

Money laundering is the action of making dirty money appear as if it has come from a legitimate source. To engage in money laundering, an individual or organization in Florida will take cash earned from an illegal activity and layer it. This is the process of using accounting tricks to conceal the source of the funds. When layering is complete, it will look as if a criminal entity has obtained money legally.

Florida resident to pay $45 million and serve 80 months

According to the U.S. Department of Justice, a Miami business owner will have to repay the federal government $45 million and serve 80 months in jail for her role in a fraudulent Medicare billing scheme. The 59-year-old woman entered a guilty plea and was sentenced in federal court.

  • Badge 1
  • Badge 2
  • Badge 3
  • Badge 4
  • Badge 5
  • Badge 6
  • Badge 7
  • Badge 8

Contact O'Brien Hatfield, PA for a free case evaluation today

In Tampa, call (813) 345-4909. In Orlando, call (888) 496-5916 . For fast answers, email us using the form below.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

This site uses Google's Invisible reCAPTCHA, which is subject to Google's Privacy Policy and Terms of Use.

Footer Brand

Tampa Bay Office
511 West Bay Street Suite 330
Tampa, FL 33606

Toll Free: 888-496-5916
Phone: 813-345-4909
Tampa Law Office Map

Central Florida Office
121 South Orange Avenue Suite 1500
Orlando, FL 32801

Toll Free: 888-496-5916
Phone: 407-808-6750
Orlando Law Office Map

South Florida Office
Northbridge Tower
515 North Flagler Drive
Suite P-300
West Palm Beach, FL 33401

Toll Free: 888-496-5916
South Florida Office Map

South Florida Office
Brickell Bay Office Tower
1001 Brickell Bay Drive
Suite 2700 M-1
Miami, FL 33131

Toll Free: 888-496-5916
Phone: 305-909-0624
Miami Law Office Map