LAW 101 Lecture Notes - Lecture 14: False Claims Act, Mail And Wire Fraud, New York City Police Department
Document Summary
White collar crimes: crimes where no violence is used & in the past they were not prosecuted harshly. Ppl who defrauded hundreds of ppl & stole millions of dollars could not get any jail time. Embezzlement: sarbanes-oxley act: has certain provisions. Sentencing changed from 5 yrs to 20 yrs in mail fraud & wire fraud. W/ higher fines from to ,000 if violated pension laws. Required accountants to detain work for 5 yrs can"t destroy their work. Made obstruction of justice a crime by changing, deleting or shredding any documents. When fbi asks a question & you don"t tell the truth, you can get arrested. If you lie to nypd, it"s not a crime. defrauding the federal gov"t; employee found out that their company was. Whistle blower: someone who tells gov"t that they"re being frauded; can bring in a private lawsuit, so employer won"t know that they"re being brought in.
