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Security Fraud

The white-collar crime of securities fraud has received more interest since style maven Martha Stewart was indicted on four counts of selling close to 4000 shares of stock because she had inside information on what would happen to the stock on the next day. The Food and Drug Administration had made a decision on a drug product that would greatly change the value of this stock. Ms. Stewart was also guilty of obstructing justice when she lied about selling her shares of stock because she knew the price was going to drop the day before she sold the shares. When convicted of security fraud, Stewart received a fine of one million dollars, and a sentence with a maximum fine of 20 years in prison. Although Martha Stewart spent only 5 months in prison, and another 5 months of home confinement as well as two years of probation for her lies, she still steadfastly maintains her innocence.

Fast Facts

  • Never hesitate to report suspected child abuse. You could be saving a life.
  • Martha Stewart appealed her security fraud case, but the verdict reached was upheld by the court of Federal Appeals.

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Search Results for "security fraud"

Articles

Results 1-5 of 423 for "security fraud"

  • Social Security Identity Fraud

    Your social security card is one of the most sought after items for identity thieves. Obtaining your social se...
    • Site: criminaldefenselawyer.com

  • How to Apply for Food Stamps

    The Supplemental Nutrition Assistance Program (SNAP) is commonly known as the food stamp program.  SNAP is a f...
    • Site: socialsecuritylawfirms.com

  • Promissory Note Fraud

    A promissory note is a type of debt that is similar to a loan or an IOU that a company may issue to raise mon...
    • Site: securitieslawfirms.com

  • Employment Schemes and Job Fraud

      Frauds conducted through your employment aren’t necessarily new. Throughout the years, theft by deception on...
    • Site: criminaldefenselawyer.com

  • Am I Eligible for Social Security for a Disability?

    The Social Security Administration (SSA) administers different programs that provide financial benefits for di...
    • Site: disabilitylawyers.com

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Results 1-5 of 12 for "security fraud"

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Results 1-5 of 38 for "security fraud"

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