A former California mayor has been arrested by federal agents and charged with two counts of bribery and seven counts of fraud. The 64-year-old man was taken into custody on Aug. 13. He appeared at an arraignment hearing in a Riverside County federal court later in...
When it comes to the term "embezzlement," people may think about employees stealing from banks or brokerage houses. However, embezzlement could happen in other industries and workplaces, including art galleries. A publicized incident in California raises awareness...
Businesses, or even government institutions, in California lose a lot of money through bribery and kickback schemes. Since companies greatly depend on efficient cash flow to thrive, such schemes can lead to constant financial struggles or the ultimate failure of a...
Under California's Political Reform Act, a public official may be disqualified from participating in government decisions in some situations. If there is a conflict of interest involving an official that puts them at a financial advantage, they can make biased...
Residents of California should understand that fraud happens in the health care space. Normally, people associate fraud with purely financial crimes where a person deceives in order to get money or other things of value. Medical professionals are supposed to act in...
The government has some pretty potent tools in its arsenal when it suspects that individuals or businesses have engaged in illegal behavior. One of the most powerful weapons that they use against California companies is the False Claims Act. This could result in a...
The typical image of bribery involves someone offering cash or perks as a way to procure something illegally. California "bribe-givers" don't usually operate in a vacuum. Bribery requires more than one participant to occur. The person receiving the bribe may break the...
When California health care providers render a service, they usually bill the patient's insurance company. Typically, the insurance company pays their portion of the expenses and moves on. However, some providers deliberately bill the insurance company for false...
Wire fraud in Los Angeles, California, falls under white-collar crimes, which are nonviolent, illegal financial acts committed for monetary gain. The main offenders of white-collar crimes tend to be affluent people from business sectors, which gave these offenses the...
Individuals in California and around the country who purchase or sell securities after receiving confidential information are often, but not always, guilty of insider trading. To determine whether or not the law has been broken, the Securities and Exchange Commission...
