What is a Hard Money Lender? In most circumstances, a hard money lender is an institution that gives loans by securing a borrower's real estate. They usually charge a much higher interest rate than banks. However, they typically grant loans to borrowers when they can't obtain a loan from a bank. Predatory lending is when a lender will take action to hinder an individual from repaying his … [Read more...] about Can You Sue a Hard Money Lender For Fraud?
Archives for August 2015
New York Grand Jury Decisions & Proceedings
WHAT IS A GRAND JURY? A grand jury is a group of no fewer than 16 and no more than 23 persons, which is convened by a superior court. Grand Jury investigates offenses by hearing and examining evidence to determine whether to permit prosecution of those offenses. The district attorney; A clerk or other public servant authorized to assist the grand jury in the administrative … [Read more...] about New York Grand Jury Decisions & Proceedings
NYC Insider Trading Investigations
Prosecutors and lawmakers have taken a more aggressive approach against insider trading. You might have been successful in evading criminal charges in the past, but there are new systemic changes designed to make this type of evasion much more difficult. Insider trading is typically defined as using private, privileged information to buy or sell securities. It's an illegal act because it … [Read more...] about NYC Insider Trading Investigations
What Are The Best Defenses Against The IRS Tax Fraud Investigations?
Best Defenses During The IRS Investigations The IRS is authorized to issue administrative summonses to tax payers during civil audits and criminal investigations. In a way, these summonses serve as subpoenas and are enforceable in federal court. The government uses its power to issue administrative summonses as a way to engage in fishing expeditions, looking for incriminating information. When … [Read more...] about What Are The Best Defenses Against The IRS Tax Fraud Investigations?
What Happens If You Get Caught Lying To Welfare in NYC?
Can I Be Deported For Medicaid Fraud Or Welfare Fraud In New York City? At Norman Spencer Law Group PC we deal with criminal Medicaid fraud cases on a daily basis. In our practice we see a number of non-US citizen clients accused of Medicaid fraud or Welfare fraud. One of the main problems faced by non-citizens accused of criminal acts is immigration consequences of a criminal conviction. … [Read more...] about What Happens If You Get Caught Lying To Welfare in NYC?