Ponzi schemes in Oklahoma and elsewhere in the country are scams that typically prey on people who want to make money on the stock market but don't know where to start. The fraudulent investor promises large returns with little or no risk. Unfortunately, the scam...
The president, compliance officer and comptroller of a chain of Oklahoma car dealerships have been indicted by a federal grand jury on wire fraud, conspiracy to commit wire fraud, aggravated identity theft and forgery charges. Initial reports do not indicate whether...
Contrary to popular belief, an IRS audit doesn't necessarily mean that a crime was committed. In many cases, the individual who filed the taxes might have accidentally made an error. The IRS could conduct a minor audit through the mail to correct numerical errors. In...
Authorities in Oklahoma City have issued charges against three men after a federal grand jury approved an indictment against them. Investigators described allegations against the men that involved finding abandoned accounts for the receipt of royalties from mineral...
Bitcoin continues to marvel those interested in dynamic investing. The "virtual currency" sometimes rises in value, which attracts people to purchase the units. Unfortunately, the relatively new nature Bitcoin and other cryptocurrencies can lead Oklahoma buyers into...
Members of the Oklahoma business community may remember the story of disgraced Silicon Valley businessman Mike Rothenberg when the venture firm he founded ended in failure. Unfortunately for Rothenberg, the end of the story has not yet been written. The Department of...
An Oklahoma man who once owned a business that provided services to companies in the energy sector has been sentenced to 121 months in a federal prison for bilking his clients out of more than $4 million. After hearing testimony and arguments for six days in late...
Not all criminal allegations involving theft have to do with violence or armed robbery. In some instances, an Oklahoman may find him or herself under arrest with allegations of white collar crimes. For example, a person who is accused of mishandling funds could be...
Oklahomans who are confronted with white collar crimes should understand their severity. These types of crimes can involve embezzlement, illegal stock trades, Ponzi schemes, identity theft, fraud and more. In one recent case, a former president of a company that sold...
Some people in Oklahoma might be aware of the college admissions scandal, which involved several prominent personalities, including actresses Felicity Huffman and Lori Loughlin. Huffman served two weeks in jail for her role in the scandal in which parents tried to get...
