In California there are many different types of fraud, which can be prosecuted in both state and federal court. The following are common examples of fraud and financial crimes: grand theft, petty theft, identity theft, embezzlement, forgery, credit card fraud, healthcare fraud, social security fraud, welfare fraud, tax fraud, and SEC violations.
Medical and Medicare Fraud
A person can be charged with medical fraud under many factual scenarios including:
1. Fraudulent billing of insurance companies for health care claims by medical practitioners or medical administrative personnel.
Common examples include:
Medical/Medicaid patients each receiving the same type of treatment without medical justification.
- Billing for “phantom patients” who did not really receive service
- Billing for medical services or goods that were not provided
- Billing for old items as if they were new, or “double-billing”
- Billing for more hours than there are in a day
- Billing for tests that the patient did not need
- Overcharging or “padding” for health care services or goods that were provided
- Charging Medicaid for personal expenses that have nothing to do with caring for a Medicaid client
2. Providing or receiving “kickbacks” for Medicare/Medicaid services. Common examples include:
- Paying a “kickback” (cash or equivalent) in exchange for a referral for medical services or goods
- Payments to a patient (in cash or gift) being made in exchange for being provided Medicaid numbers for use in fraudulent billing
3. Health care practitioners making misrepresentations concerning their credentials or their facilities' credentials, including:
- Concealment of ownership in another company
- Individuals fraudulently posing as doctors or other medical professionals and/or practicing medicine without a license
Identity theft is highly prevalent throughout California. There are many ways that people can steal your identity in order to obtain a financial benefit. Common examples include:
- Credit or bank/atm fraud: someone steals your credit card and uses the number to make a purchase, obtain a loan, or take cash directly from the ATM machine.
- Internet-based “hacking:” someone steals your personal financial information by hacking into an unsecured internet site where you have made a purchase, or stored personal information such as your date of birth, social security number, credit card information, etc.
- Paper stealing: someone steals your private information from a paper transaction you have made.
Social Security Fraud
Social Security fraud is the intentional misuse, or misappropriation, of government-issued benefits under Federal Law. Common schemes to defraud the Social Security system include making misrepresentations to the Government about who is lawfully entitled to the benefits, and the amount to which they are entitled.
The Government imposes significant penalties for Social Security Fraud. If you are under investigation, or have been charged with Social Security Fraud, it is prudent to consult with an experienced Social Security Fraud attorney at White Goldstein.
Welfare fraud refers to the intentional misuse of government-funded welfare programs. Beneficiaries can be accused of withholding information they were mandated to disclose, or of providing false or inaccurate information in order to receive benefits. Federal and state prosecutors are now actively prosecuting welfare fraud cases.
Common examples of welfare fraud include:
- Failing to report additional income
- Failing to disclose information regarding household family members
- Supplying false information about an inability to work
- Feigning illness or injury to manipulate the welfare system.
The State and Federal government impose significant penalties for Welfare Fraud. If you are under investigation, or have been charged with Welfare Fraud, then you should consult with an experienced Welfare Fraud attorney at White Goldstein.
Tax fraud refers to an intent to defraud the State or Federal government by failing to pay taxes, or failing to pay the proper amount of taxes.
Tax fraud can include:
- Deliberately misrepresenting or concealing the true state of one's financial affairs to the tax authorities in order to reduce one's tax liability
- Dishonest tax reporting (such as declaring less income, profits or gains than actually earned; or overstating deductions).
If you are under investigation for fraud you will need experienced legal representation. Contact White Goldstein at 877-779-3946 to discuss your matter with a team of legal professionals that will have your best interests at heart.
Securities Law Violations
The Federal Securities & Exchange Commission (SEC) enforces the U.S. securities laws and regulates the securities industry. The SEC can bring civil enforcement actions against individuals or companies alleged to have:
- Committed accounting fraud
- Provided false information
- Engaged in insider trading
- Otherwise violated the securities laws
Common examples of Securities Fraud include:
- Outright theft from investors
- Lying to auditors
- Misstatements on a public company's financial reports
- Insider trading
- Stock manipulation schemes
- Embezzlement by stockbrokers
- Back-dating stock options
Grand Theft by Embezzlement
Grand Theft by Embezzlement is a form of financial fraud. It generally refers to stealing property or money, from a person or business, while acting as an agent, servant, or employee of that person or business. Embezzlement often occurs in employment situations. For example:
- A CEO of a company takes company funds for personal use
- A cashier pockets cash from a customer instead of depositing it
- A financial advisor takes money from the client's funds to invest for his benefit
- An accountant uses a company credit card to make personal purchases
Embezzlement is a serious crime with serious consequences. The ability, or inability, to repay the amount of money taken can make a difference between probation and years in prison. If you are accused of grand theft by embezzlement, or a related theft crime, you need the expertise of an attorney skilled in defending against these types of charges.
Contact White Goldstein today for a free consultation regarding your fraud or financial crimes case. The right legal advice concerning your criminal case will make an enormous difference in the outcome of your case.
If you are under investigation, or are facing fraud or financial crime charges, call White Goldstein today for a free, confidential consultation: (877) 77 WE-WIN or (877) 779-3946.
The top criminal defense attorneys at White Goldstein have extensive experience with handling theft, financial crime and white collar crime cases throughout California including Los Angeles County, Orange County, Riverside County, San Bernardino County, Santa Barbara County, San Diego County, and Ventura County.
In Los Angeles County, White Goldstein routinely handles financial crime cases in:
Airport Court (LAX), Alhambra, Antelope Valley (Lancaster), Antelope Valley Juvenile, Bellfower, Beverly Hills, Burbank, Catalina, Central Arraignment (Bauchet), Compton, Downtown Los Angeles (CCB), Downey, East Los Angeles, Eastlake Juvenile, El Monte, Glendale, Hollywood, Inglewood, Inglewood Juvenile, Long Beach, Malibu, Metropolitan (Hill Street), Newhall, Norwalk, Pasadena, Pomona, Torrance, San Fernando Valley, Santa Clarita (Valencia), Van Nuys, West Covina, and Whittier.