With the economic recession that began in 2008 came an attitude in New Jersey and throughout the country that was very hostile towards executives in large companies and people working within the financial industry. They were seen as reckless gamblers or greedy thieves that blatantly stole money from ordinary, honest people. The prevailing mood was that these financiers should be prosecuted and punished.
On Sept. 13, 2013 a federal grand jury in Boston returned a superseding indictment adding a third college student and friend as a defendant in the aftermath case. That young student, a U.S. citizen currently free on bond, was charged with making false statements. There were no changes to the original August 2013 charges against Dias Kadyrbayev and the other young man from Kazakhstan. The only change was the addition of the third defendant.
Violations of any number of federal statutes have the potential to jeopardize a business and can, in many cases, result in individuals going to prison. In addition, restitution and forfeiture may be applicable. Below, we delve into some of the most commonly encountered federal business fraud statutes.
Sometimes people may complain that the legal profession uses too much “legalese” in describing things like crimes. Popular television shows and movies have helped to remove the mystery or confusion from some legal terms, but it can still be the case that the general public is not always able to discern the specific behavior or action that constitutes a crime even if they are casually aware of what it represents.
Employees have become considerably more apprehensive in recent years with the steady rise of convictions related to business theft and embezzlement. White collar crimes continue to be prosecuted across America, including New Jersey, where guilty offenders are receiving harsh punishments like jail time and heavy fines. An embezzlement defense is important to develop as soon as possible.
Attorney Robert G. Stahl, who represents Dias Kadyrabyev; the attorney for Azmat Tazhayakov, the second college student from Kazakhstan charged with obstruction of justice; and the attorney for the third Boston aftermath defendant, a U.S. citizen charged with lying to authorities, asked U.S. District Judge Douglas Woodlock to order the government to turn over to the defense additional documents and records in preparation for the June 23, 2014 trial.
The integration of digital communications into the daily lives of many Americans has arguably been one of the drivers behind the increases in worker productivity in this country. But the same technological advances that can boost the profitability of a business or make anything from shopping to banking more convenient can also create opportunities for less savory activities.
The portrayals of the criminal justice system that most people see on television or in a movie usually end with the trial conviction of the accused; but in reality, if one is convicted of a state or federal crime in New Jersey or anywhere else, life does not fade to black and roll credits. Depending on what happened at the trial, it may be possible to appeal the trial court outcome.
The upcoming trial of a former governor and his wife on federal corruption charges highlights a common and sometimes controversial tactic used by prosecutors: testimony from witnesses who have been offered immunity from prosecution themselves.
A New Jersey rabbi was arrested in 2011, along with eight others, for the alleged kidnapping and beating of a man. The criminal charges involved an alleged conspiracy to convince an Israeli national to grant his wife a religious divorce under Jewish law.