While we’re all enjoying another beautiful Michigan summer, it comes as no surprise that a school is shuttered. However, this school is an online facility and has reportedly voluntarily shut down operations after State Police launched an investigation into allegations of fraud.
What does it mean when someone is called a white-collar worker? It usually means that the person is trained and skilled and that they work in a an office as accountants, engineers, bankers, architects, realtors and so on.
If you drive south of Ann Arbor on US 23 for about 30 minutes, you will come to Dundee, Michigan. The Monroe County village has a population of about 4,000 who are proud of their Old Mill Museum and Sterling State Park.
You have to drive more than two and a half hours north of Ann Arbor to get a slice at Mama Cillie’s Pizzeria. The little pizza shop is just steps away from Lake Budd in Harrison, Michigan.
If you drive north of Ann Arbor for about five hours, you will come to the UP's Sault Ste. Marie. The historic, waterfront town is a popular destination for summer travelers. In fact, its popularity among tourists is part of what made an embezzlement scheme successful, law enforcement officials say.
If you drive west on Interstate 94 from Ann Arbor and then south on I-69, you will come to Coldwater, Michigan, after about 90 minutes. The police department there in the town of about 11,000 is evidence that not everything officers say or do is true or honest or accurate. We certainly do not mean to disparage all cops for what happened in Coldwater, but if you watch the video what an officer did to a woman under arrest there, you will be appalled.
One year ago, India made a bold and controversial move. In an attempt to thwart “black money”—which encompasses undeclared wealth, counterfeit banknotes and networks that finance terror activities—the government banned all 500 and 1,000 Rupee notes from use. The hope was that criminals—wanting to avoid exposure—would be afraid to exchange their cash in for smaller denominations and would instead be stuck with heaps of worthless paper.
Martin Shkreli, aka "Pharma Bro," may be best known for his unapologetic price gouging for the HIV drug Daraprim. The legal system had no claim on him for that, but he was recently found guilty of securities fraud. He was convicted of running a Ponzi-like scheme in which he looted millions of dollars from one of his biopharmaceutical companies in order to distract investors he was defrauding through two hedge funds.
The federal government's Medicaid program provides health insurance to millions of low-income and disabled Americans. Here in Michigan, the program is administered by the state.
The phrase "white collar crimes" is an umbrella term that applies to a wide variety of crimes. Securities fraud, insurance fraud, bankruptcy fraud, RICO charges, and trade secret violations are all examples of white collar crimes. Today, we want to focus on one particular type of white collar crime, and it is a common one: embezzlement.