News & Analysis as of

Embezzlement

Whiteford

Client Alert: When Trust Turns to Deceit: A Playbook for Financial Misconduct and Internal Investigations

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In an era of heightened regulatory scrutiny and unforgiving stakeholder expectations, internal investigations conducted on behalf of for-profit and not-for-profit organizations focused on employee embezzlement and financial...more

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - November 2025 #2

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The NCAA on Friday declared six former Division I men’s basketball players permanently ineligible after investigations found they tried to fix games and provided information to gamblers about how they would manipulate...more

DLA Piper

Denmark - Global Bribery Offenses Guide (Updated)

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What is the legal framework governing bribery in Denmark? In Denmark, bribery, as with other types of misconduct such as embezzlement and fraud, are considered acts of corruption. The Danish Criminal Code does not use the...more

Wiley Rein LLP

Misappropriation of Funds Exclusion Bars Coverage for a Negligent Background Check that Led to Hiring of Embezzler

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The United States District Court for the Eastern District of California, applying California law, has held that a misappropriation of funds exclusion barred coverage under an E&O policy for a claim against a company that...more

Wiley Rein LLP

[Webinar] Fall Series – Internal Workplace Investigations 101 - October 16th, 12:00 pm - 12:30 pm ET

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Conducting Effective Internal Investigations – From Intake to Resolution - Join Wiley’s Employment and White Collar attorneys for a practical, three-part training to guide employers through the full lifecycle of internal...more

Offit Kurman

How to Handle Employee Misconduct When It Impacts Your Business

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Join Sarah Sawyer and Russell Berger, attorneys at Offit Kurman, in this week's episode of OK at Work, as they discuss the challenges employers face when employees engage in misconduct that harms the business. Learn about the...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Pantyhose, Banks, and Retirement Plans: The Smarter Crime?

I’ve always said that robbing a bank with a pair of pantyhose on your head is a smarter crime than stealing from a retirement plan. At least the bank robber has a shot at making it out the door. An ERISA fiduciary who dips...more

Offit Kurman

Getting Paid for Nothing? The Legal Risks of No-Show Jobs

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From political scandals to organized crime cases, the phrase “no-show job” is often associated with something shady. Think HBO’s The Sopranos, where Tony Soprano’s crew collected paychecks on construction sites without having...more

Ankura

Beyond External Audits: Understanding When and Why Organizations Need Forensic Auditors

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Although external and forensic auditors often hold similar qualifications — typically as certified public accountants — and share a common understanding of foundational concepts like sampling, materiality, and control...more

Fleurinord Law PLLC

Inside the $2.2M 50 Cent Embezzlement Scandal: Critical Lessons in Asset Protection, Bankruptcy, and Fraud Prevention for Your...

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When Mitchell Green ("Green"), former Director of Brand Management for Curtis "50 Cent" Jackson's Sire Spirits, LLC ("Sire Spirits"), orchestrated a $2.2 million embezzlement scheme, it didn’t happen overnight. From June 2017...more

Nelson Mullins Riley & Scarborough LLP

Fourth Circuit Affirms Discharge of Debt in Martin v. Parker, Clarifies Embezzlement Standard under Section 523(a)(4)

Background - The case arose from a longstanding family arrangement involving reciprocal wills and a “Post Marital Agreement” between Morton Poindexter and his longtime partner, Peggy Martin. Their Agreement provided that,...more

Loeb & Loeb LLP

Walters v. OpenAI, L.L.C.

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Georgia state court grants summary judgment dismissing defamation claim targeting ChatGPT output accusing radio host of embezzlement, in light of disclaimers notifying users that ChatGPT sometimes generates inaccurate...more

The Volkov Law Group

Voluntary Self-Disclosure Shields Universities Space Research Association from Prosecution by DOJ

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On April 30, 2025, the U.S. Department of Justice’s National Security Division (“NSD”) issued a formal declination of prosecution to the Universities Space Research Association (“USRA”) following the organization’s timely and...more

Secretariat

Rebuilding Ukraine — April 2025 Edition

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Welcome to Secretariat’s April 2025 edition of Rebuilding Ukraine, where we explore the evolving landscape of Ukraine’s reconstruction, the challenges ahead, and the opportunities emerging. Stay informed with our insights on...more

Hendershot Cowart P.C.

Responding to Suspected Embezzlement, Misappropriation: A Texas Business Owner's Guide

As a Texas business owner, discovering that a partner, employee, or manager may be embezzling funds can be devastating. Left unaddressed, financial misappropriation can threaten your company's stability, compromise...more

Wiley Rein LLP

[Podcast] The Iron Fist of General Sani Abacha, Nigeria's Ruthless Dictator

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Join hosts Tatiana Sainati and Diana Shaw as they delve into the gripping story of General Sani Abacha, the Nigerian dictator who embezzled billions of dollars and ruled with an iron fist from 1993 to 1998. Known for his...more

Holtzman Vogel Baran Torchinsky & Josefiak

In-Compliance: Holtzman Vogel's January 2025 Round-Up

Supreme Court Lifts Fifth Circuit’s Corporate Transparency Act Injunction; Second District Court Enjoins Beneficial Ownership Reporting Rule and Requirements Remain Fluid - On January 23, 2025, the U.S. Supreme Court...more

Pillsbury Winthrop Shaw Pittman LLP

Virginia Supreme Court Strengthens Protection Against Computer Crimes

The decision creates an additional tool for protecting corporate information and trade secrets. The Virginia Supreme Court affirmed the trial court’s conviction of Taylor Amil Wallace for computer fraud, with three judges...more

Kaufman & Canoles

K&C Sports & Entertainment Law Weekly Roundup - December 2024 #2

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A New Jersey father lost nearly $1 million he stole from his wife and two kids due to a gambling addiction, which his family claims was deliberately encouraged by the online sportsbook, DraftKings. ...more

Husch Blackwell LLP

NYDFS Warns Against the Threat of Accidentally Hiring North Korean Remote IT Workers

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Keypoint: The New York State Department of Financial Services (NYDFS) issued an industry letter outlining the threats posed to U.S. companies who hire remote technology workers linked to North Korea and may embezzle funds...more

Farrell Fritz, P.C.

Bookkeeper Liability? It’s a Real Thing

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Accountants are professionals. They carry malpractice insurance. They are potential deep pockets. For these reasons, accountants sometimes find themselves defending against liability claims in business divorce lawsuits. The...more

DLA Piper

EU-Wide Corporate Criminal Law: Tightening the Reins

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The Council of the European Union recently submitted its proposal in the ongoing legislative process for a new directive to combat corruption in the EU. The new directive will allow the EU to impose worldwide...more

Patterson Belknap Webb & Tyler LLP

Individuals Charged with Bankruptcy Crimes Are Connected to Controversial Mayor of Dolton, Illinois

Under federal law, a debtor may be criminally prosecuted for various kinds of misconduct in connection with a bankruptcy case, including concealing assets, falsifying information, embezzlement, or bribery. See 18 U.S.C. §§...more

ArentFox Schiff

Investigations Newsletter: Former Congressman George Santos Pleads Guilty to Wire Fraud and Aggravated Identity Theft

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Former Congressman George Santos Pleads Guilty to Wire Fraud and Aggravated Identity Theft - On August 19, former US Representative George Santos pleaded guilty to wire fraud and aggravated identity theft. As part of the...more

Benesch

White Collar Quarterly Report - August 2024

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In 2023, the number of federal corporate prosecutions remained far below the 25-year average after two consecutive years of increases. ..The DOJ’s Fraud Section secured just $690 million in penalties across eight...more

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