Many working North Carolina residents are given company credit cards to use for certain work-related things. Different companies have different rules on how often and for what employees can use company cards. If those expectations are not made clear, an employee may...
White Collar Crimes
North Carolina man cited in commodities fraud ring
A Charlotte, North Carolina, man could face federal charges now that the United States Commodity Futures Trading Commission (CFTC) has filed a complaint indicating that the man operated a fraudulent commodity pool. The man's alleged actions included the acceptance of...
Police make second arrest in Wilmington insurance fraud case
An alleged insurance fraud scheme that took place in Wilmington, North Carolina, has been the subject of several news stories in recent weeks. On Jan. 19, the Department of Insurance announced the second arrest pertaining to the purported scheme. A 25-year-old...
Ponzi scheme accusations mount against Ephren Taylor
Accusations of fraud against Ephren Taylor - the youngest African American CEO of a public company - continue to mount.The 29-year-old from Mississippi has even been compared to the notorious Bernie Madoff, as hundreds of his clients joined a class action suit filed...
North Carolina couple charged with fraud against the DSS
Desperate times sometimes drive people to do things that they normally would never even consider. Despite the professional or personal status of an individual, tough economic times may lead to a course of action deemed questionable in the eyes of the law. Recently, a...