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Represented a client indicted with conspiracy to bribe public officials to avoid inspection of prohibited products

Case resulted in non-prosecution agreement with client agreeing to pay all disgorgements (bribes payments and gifts to officials).

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Represented a client who was involved with felony murder and weapons charges

Trial before jury lasted approximately 5 days. The matter went to verdict and our client was acquitted on all counts. ...

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Represented a client accused of Mortgage Fraud by participating in a massive straw buyer and flipping real estate scheme

We secured a deal with the government for our client to repay full restitution and sentenced on probation.

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Represented our client in a multi-million dollar fraud investigation by the U.S. District Court, Southern District of New York

Client was involved in a massive Holocaust reparations fraud scheme. We persuaded the U.S. Attorney’s Office to defer prosecution, ...

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Represented an owner of a real estate agency who was investigated by the FBI for conspiracy to commit Bank Fraud in a Mortgage Fraud scheme

Our attorneys convinced the prosecutors not to bring criminal charges against our client under the term of full restitution.

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Represented a nursing home investigated for Medicare Fraud by the New York Office of Inspector General

We negotiated a plea deal that guaranteed our client a sentence of probation with structured re-payment plan.

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What Is A Ponzi Scheme, And What Are The Charges And Penalties That Ponzi Scheme Offenders Face?

by Joseph Potashnik on April 28, 2011

A Ponzi scheme is a financial operation in which the investors are tricked in to investing money into an enterprise which supposedly yields great returns on the investment. In a Ponzi scheme the return on investment are not any actual profits earned by the organization but the investor’s own money or money from successive investors. The scheme is destined to collapse because the earnings of a Ponzi scheme are much less then payments to investors.

Running a Ponzi scheme is a federal crime, which is charged under a wide array of federal criminal statutes such as investment fraud, bank fraud, conspiracy, wire and mail fraud.  Penalties for these crimes include significant prison time and restitution of funds to the investors.

If you are being subpoenaed or investigated by federal law enforcement for white collar crimes in New York, then call our office at (212) 577-6677 for professional legal advice.

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