Financial Fraud Lawyer Explains Embezzlement and Its Types
Joseph Potashnik & Associates NYC Criminal Defense Lawyers
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Financial Fraud

What Is Embezzlement?

August 21, 2017

According to statistics, an average U.S. company loses around 7% of its revenue annually to employee theft. Moreover, a third of all bankruptcies in the country are caused by embezzlement. Obviously, in order to stay afloat, businesses are striving to eliminate theft in the workplace. In this article, criminal attorneys at NYC firm Joseph Potashnik and Associates delve into the topic and explain the types of this crime, what punishment it carries and how to protect oneself from the consequences of embezzlement.

What Is Insurance Fraud?

June 19, 2017

According to the FBI, insurance fraud costs U.S. citizens over $40 billion in increased premiums every year, and this amount does not account for medical insurance. The sum is huge, and taking this into consideration, the federal and state law enforcement authorities take action in order to combat related crimes. Let’s dive into the topic. Our insurance fraud attorneys will explain what common types of fraud are and why people commit it, what consequences it might have and what penalties an accusee might face if found guilty of the crime.

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