Organized Crime

  • When Does My Drug Crime Become a Federal Case?

    … or county court. However, if certain conditions are met, Martin could be tried on federal charges. Federal Drug Charges The federal government most often investigates and prosecutes drug crimes which are large in scale or which are related to organized crime. While the federal government has the power and authority to investigate and prosecute…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 24 readers -
  • Game Room Laws in Texas

    …, it is against the law to bet money or anything of value on the outcome of a card game or any game of chance. There are a few exceptions to this law, including: Gambling which takes place in private, such as betting on the Super Bowl at a private house party or betting on a casual game of poker between friends Bingo and raffles that are held for charitable…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 21 readers -
  • Panama Papers… Who is Next (IRS Whistleblower Post)

    … Unreported offshore accounts have long been a tool of the rich hoping to evade taxes. While the average American struggles to make ends meet, a few ultra wealthy folks think it is perfectly acceptable to stash a few million bucks in a secret foreign bank account. Worse, offshore accounts are often used by terrorists, organized crime, corrupt…

    Due Diligence- 20 readers -
  • Bearer Bonds – Great IRS Whistleblower Opportunities

    … securities have no ownership paper trail. Let’s look at an example. Say you own 100 shares of Ford Motor Company. Chances are pretty good that you don’t actually hold the share certificate. You own the shares even though you don’t have a certificate. Those shares are registered in your name and Uncle Sam has access to that information. Bearer…

    Due Diligence- 32 readers -
  • Barclay’s AML Violations & Whistleblower Opportunities

    … and organized crime rely on banks. U.S. and international laws require banks to maintain stringent anti-money laundering compliance systems. These AML rules require banks to know their customers, perform enhanced due diligence on certain classes of customers, and not allow customers to dictate that transactions remain off the books. FIRREA and AML…

    Due Diligence- 29 readers -
  • Banks… Victims or Pariahs? (Bank Fraud Post)

    …. They laundered money for terrorists and organized crime. And they manipulated anything they could (FOREX, LIBOR, the derivatives market…) Eisinger thought the bank’s howling was bad last year. It may get much worse. America has a new top cop and her name is Loretta Lynch, our new Attorney General. She says that bankers that misbehave can now…

    Due Diligence- 13 readers -
  • What the RICO Act? What Does It Cover?

    … What the RICO Act? What Does It Cover? Posted by Matthew Sharp under Organized Crime September 16, 2015 What Is the RICO Act? When people talk about legal cases involving the RICO Act, they are usually referring to cases of organized crime. This is because Congress established the RICO Act in 1970 to create specific laws to deal with incidents…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 23 readers -
  • Russian Mob, Big Banks and Whistleblowers

    … is FinCEN, the Financial Crimes Enforcement Network. FinCEN director Jennifer Shasky Calvery said in a prepared statement, “Corrupt high level managers and weak anti-money laundering controls have made BPA an easy vehicle for third-party money launderers to funnel proceeds of organized crime, corruption and human trafficking through the U.S…

    Due Diligence- 15 readers -
Get the top posts daily into your mailbox!
More from around the web