Federal criminal defense

Queens Mail Carriers Arrested in $16 Million Fraud Scheme

By Lee Koch | November 30, 2022 | Comments Off on Queens Mail Carriers Arrested in $16 Million Fraud Scheme

Three Queens mail carriers are alleged to have participated in a COVID-19 benefits scam.  One of the carriers began stealing mail on their postal route. This allowed the scheme’s ringleader to file false unemployment benefit claims in the names of hundreds of people. When the Department of Labor sent payouts, the mail carriers simply intercepted…

Elizabeth Holmes: 11 Years for Fraud

By Lee Koch | November 18, 2022 | Comments Off on Elizabeth Holmes: 11 Years for Fraud

Elizabeth Holmes is infamous for creating Theranos, a blood testing startup who exaggerated claims about what her testing technology could and would do. She raised $945 million while selling a product that never worked.  She’s been sentenced to 11 years of prison plus three years of supervised release.  She was convicted on four counts of…

Bill Hwang: Loan Fraud, Market Manipulation

By Lee Koch | October 29, 2022 | Comments Off on Bill Hwang: Loan Fraud, Market Manipulation

Bill Hwang used to claim he invested “according to the word of God.” Now prosecutors are saying that he’s about to become the biggest indictment since Bernie Madoff.  Hwang was the owner of an investment firm known as Archegos. According to the US government, his company engaged in market manipulation, buying up large portions of…

What Are the Grounds for Suppressing Evidence in a New York or Federal Criminal Case?

By Lee Koch | September 22, 2022 | Comments Off on What Are the Grounds for Suppressing Evidence in a New York or Federal Criminal Case?

Suppression of evidence is one of the most important tools a criminal defense lawyer has to help you with your state or federal case.  To suppress evidence, your lawyer must file a Motion to Suppress and make a valid legal argument for why a particular piece of evidence is invalid. The judge then decides whether…

Defending GoFundMe and Kickstarter Fraud Cases

By Lee Koch | August 23, 2022 | Comments Off on Defending GoFundMe and Kickstarter Fraud Cases

Recently, The New York Times reported on a case wherein a New Jersey man and his girlfriend got 5 years in prison for GoFundMe fraud. Mark D’Amico and Katelyn McClure teamed up with Johnny Bobbit Jr. to make up a story about a homeless man in need of help. They raised over $400,000 after the…

What Are Price Fixing Schemes?

By Lee Koch | August 15, 2022 | Comments Off on What Are Price Fixing Schemes?

A price fixing scheme is a white collar crime that involves colluding with competitors to decide what prices will be. Antitrust laws require companies to establish prices and other competitive terms without consulting with competitors. You are allowed to conduct market research to see what other people are charging for similar products, but you are…

What is Set-Aside Fraud?

By Lee Koch | July 6, 2022 | Comments Off on What is Set-Aside Fraud?

Set-aside fraud is a type of contractor fraud. It is a violation of the False Claims Act (31 USC Sections 3729 to 3733) and involves defrauding the United States government in order to get contracts.  It is called “set-aside” fraud because it involves making false claims to procure contracts and money “set aside” for Small…

What is the False Claims Act?

By Lee Koch | June 28, 2022 | Comments Off on What is the False Claims Act?

There have been attempts to defraud the United States Military for about as long as there has been a military. In 1863, the federal government enacted the False Claims Act to target defense contractors attempting to defraud the military during the Civil War.  This law is also known as the Lincoln law.  Under this law…

What is Bid Rigging?

By Lee Koch | June 21, 2022 | Comments Off on What is Bid Rigging?

One white collar crime that the Department of Justice is cracking down on quite hard of late is “bid rigging.” Bid rigging is the process of undermining the competitive process whenever businesses compete by submitting bids to a buyer. The Department of Justice takes an especially dim view of this practice when the government is…

Are You Guilty of Insider Trading?

By Lee Koch | May 20, 2022 | Comments Off on Are You Guilty of Insider Trading?

If you own stocks and are engaged in buying them and selling them then there are laws which govern your involvement in the market. One of those laws is that the playing field must be even. If you have information about a company or stock that is not available to the public and you act…