FACTS: Anthony Nyame plead guilty to stealing over $3.5 million from Villanova University and a church in the Bronx. Nyame persuaded members of Bronx Church to provide him with investment cash. In return, he guaranteed these members that he would be able to obtain a $30 million loan for the members to use to build on their property. Moreover, he stole $2.7 million from Villanova University. He coerced the university to send a payment to a vendor, but they actually sent the payment to his own account by using a fake email. Nyame doctored fake emails and notes from David Cohen, former Under Secretary to fulfill his scheme.
CONNECTION TO CHAPTER: This story connects to Chapter 7 in several ways. Chapter 7 discusses criminal fraud. Criminal fraud
On Friday, 09/23/2016, at approximately 0830 hours, I, Deputy Stacy Stark #1815 met with the reporting party, James R. Boucher (M/W, DOB: 07/25/1959) at the Jackson County Sheriff’s Office. I requested James R. Boucher to come to the Jackson County Sheriff’s Office to review the Wal-Mart video footage I collected and identify the suspect, James Roy Boucher (M/W, DOB: 03/16/1978) on the video footage.
A previous leader of The Sommet Group, Brian Whitfield, was accused and found guilty after a plea of not guilty to stealing money from clients and the government in the amount of $20 million. The IRS believed the estimated money stolen was upwards of $22 million. The federal prosecutor claimed and proved Whitfield had stolen and then used money for his own personal expenses. Although, the case originally indicted Whitfield’s
NEW YORK, Apr. 2, 1992 -- The infamous “Teflon Don,” John Gotti, former head of the Gambino family, was convicted and sentenced to life in prison today without possibility of parole. He was convicted on 5 counts of murder (Castellano and Bilotti, Robert DiBernardo, Liborio Milito and Louis Dibono), conspiracy to commit murder, illegal gambling, loan sharking, racketeering, extortion, obstruction of justice, bribing a public official and tax evasion (Goodstein, 1992). Acting as boss, John Gotti was believed to have made the Gambino family more than $500 million in revenue from illegal gambling, drug trafficking, extortion, and stock fraud (“John Joseph Gotti Jr”, 2014). During the trial, the judge ordered that the jurors stay anonymous, identified only by number, in order to avert a repeat of the jury tampering that occurred involving previous trials with Mr. Gotti (FBI, 2007).
host, He had other roles such as a radio personality and author number of books he
chapter in the book, is a self sustaining story in itself, more so than most
In order to fully examine the narrator’s transformation journey, there are many factors that have to be looked at in the themes that are discussed in the book. They include the Grandfather’s message in chapter one, Tod Clifton’s death, when the narrator is kicked out of college and the events in the factory and the factory hospital are some of the examples (Ellison 11). All these events contributed enormously towards the narrator finding his true identity.
The Bernie Madoff Ponzi Scheme is a well-known case and is known as one of the biggest Ponzi scheme’s. In summary the scheme occurred for many reasons that I will some up into 3 points; A lack in competency by regulatory agencies, a lack of regulation, and finally a breach in ethics by Bernie Madoff himself. To explain further, the regulatory agencies like the lawyers and SEC are supposed to prevent schemes such as this one from happening but because they lacked the skills to correctly assess the situation, interpreting the number of tips they had received regarding scheme that had been filed, and to act on those in an efficient manner. One of the tips was made by Harry Markopolos in 2000, of who correctly predicted that Madoff was guilty of fraud. Even after this tip from Markopolos, Madoff was not arrested until 2009. Many family members were also a part of the fraud along with some non-family members such as Frank DiPascali and a team known as the 17th floor team, who helped Madoff carry out his fraud. The idea behind Madoff’s fraud was that he would produce false statements of their investments and when people wanted to pull out their investments, the money wasn’t actually there, which rightfully rose more than a few eyebrows and ultimately led to his arrest.
Charles Ponzi was born in Italy in 1882. Born to a wealthy family, Ponzi put off work as long as possible and attended college at the University of Rome. Knowing he was avoiding the inevitable and seeing no appeal in the Italian business world, he immigrated to the United States. In 1903, upon entering the United States at the age of 21, Ponzi proceeded into Canada. In 1909, he was convicted of forgery in events surrounding the collapse of the Montreal banking firm of Zrossi & Co., of which he was a member. As punishment, he was sentenced to a three-year term in the St. Vincent De Paul Penitentiary in Montreal. Released from Canadian Prison after only twenty months for good behavior, Ponzi entered the United States again on July 30, 1910. Within ten days of his release, he violated immigration laws by illegally bringing five Italians over the border from Canada. For this offense, ...
Although, Harr presents the story from one perspective, he gives the readers a great insight on our justice system. Throughout the book the author presents a very detail and thorough description of the characters and the events. The book is very engaging and explores various themes such as corporate social responsibility, civil lawsuit, and unfairness in the justice system. Having said that, this book could be very helpful for people from various backgrounds.
Wayne Thiebaud (T-bou) was rejected multiple times as an artist. But finally he met Robert Mallary, a spectacular lawyer\Artist. Mallary helped Wayne get his art into museums and shows. It wasn’t before long that Wayne became a famous artist for drawing food.
The central ideas of: Racial tensions, racial identity, and systemic oppression, all assist in revealing the author’s purpose. As Malcolm changes throughout the story, his wordhoard and usage of various terms changes as well as the structure of sentences. From half-sentences to long blocks of text, Malcolm’s status also affected the style and structure of his writing; If Malcolm was in a party, the structure would consist of small half sentences as opposed to if Malcolm was telling scenery of a bar in which he would use long descriptive sentences of the setting. Throughout all the chapters, the author was capable of placing vivid images and allowing the reader to experience all the problems and threats Malcolm had to deal
Stewart was convicted of conspiracy, perjury and obstruction of justice in 2001, and for using insider information to sell shares of the company ImClone Systems. This type of fraud damages the confidence of investors, it makes them perceive the lack of equality.
This case illustrated that there were real consequences to white collar crime. In addition to paying the fifty million dollar fine, he relinquished another fifty million dollars of his illegal trading profits. (He still had millions remaining, however, from his illegal gains.) His actual prison sentence was three years, yet he served only twenty-two months in the federal prison at Lompoc, California, which was known to have a “country-club” atmosphere.
The purpose of this paper is to make others aware of an epidemic that is sweeping our nation. Fraud has become a vast problem in the United States of America. It is a crime that can be defined as a false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another with the intent to commit a crime. Fraud is commonly referred to a number of offenses that involve dishonesty or “fraudulent acts”. In other words, the intent to deceive a person or entity by another for monetary or personal gain.
Fraud and white-collar crime are common forms of crimes that people commit in various aspects and positions in the corporate world. Fraud and white-collar crimes have similar meaning as they refer to the non-violent crimes that people commit with the basic objective of gaining money using illegal means. The cases of white-collar crimes have been increasing exponentially in the 21st century due to the advent of technology because fraudsters apply technological tools in cheating, swindling, embezzling, and defrauding people or organizations. White-collar crime is a complex issue in society because its occurrence is dependent on many factors such as organizational structure, organization culture, and personality traits. Thus, the literature review examines how organizational structure, organizational culture, and personality traits contribute to the occurrence of white-collar crimes.