Due to their speed and simplicity, wire transfers have been commonly used throughout the world, including in the US. It allows you to transfer funds and pay suppliers, contractors, or employees in real time without physically paying in cash. You only need to log into your online banking account to complete the bank wire transfer. Note that you can send the money between banks or through a transfer service, such as Western Union. While this method is fast and convenient, it involves several risks, such as malware, bank errors, and fraud.  Fraudsters use wire transfers as part of their sca ..read more

Economic data releases, such as GDP growth, unemployment rates, and inflation, are closely watched by policymakers, investors, and analysts alike, and can have significant legal and financial implications. In this article, we take a closer look at the legal implications of economic data releases.   Inaccurate and misleading economic data One of the key legal implications of economic data releases is the potential for inaccurate or misleading data to lead to legal consequences. For example, if economic data is misrepresented or misreported, it could lead to legal action by investors ..read more

The falsification of business records is usually treated as a lesser misdemeanour, but Trump is accused of having committed felony offences, denoting a more serious crime that could result in upwards of a year in prison upon conviction. The charges relate to Trump’s involvement in hush money payments made through former Trump lawyer Michael Cohen to former porn star Stormy Daniels ahead of the 2016 presidential election. The hush money payments were allegedly disguised as payments for legal services. Manhattan District Attorney Alvin Bragg has been investigating these payments for five years ..read more

On 7 June 2021, Alex Murdaugh called 911 to report that his wife (Margaret ‘Maggie’ Murdaugh) and one of his two sons (Paul Murdaugh) had been shot to death at the family’s Islandton hunting lodge. Alex was indicted for their murders on 14 July 2022 and finally sentenced to two consecutive terms in prison on 3 March. The case has been notable for the Murdaugh family’s prominence in South Carolina’s legal landscape. Alex Murdaugh’s father, grandfather and great-grandfather each served as top prosecutors across the south of the state. It has also been notable for the number of twists and turns ..read more

They may instead spend time at a rehab center, a group home, or their own house. In circumstances involving drugs or alcohol, a mandatory rehab stay is frequently required. In this piece, we’re going to learn all about probation starting with how it works. Getting the help of a criminal defense lawyer is warranted if you’re unsure about any of this. How does probation work? Ordinarily, non-violent, minor offenses are the ones for which probation is most frequently issued. It is granted to first-time offenders, adolescents, and other people who don’t pose a threat to the public’s safety. The c ..read more

With the rapid development and adoption of new technologies, companies that don’t plug all of the gaps or provide sufficient protections in time often get caught out by savvy fraudsters. We see a myriad of fraud stories reported at Lawyer Monthly, clearly showcasing how prevalent these crimes are and that there isn’t a single sector that’s guaranteed safety from the scams. Yet, nobody ever thinks that they’ll fall for the next scam. The truth is, though, that scam artists are intelligent and form organised crime setups that strategically target, take, and disappear without a route for recours ..read more

The plea marked Bankman-Fried’s first court appearance since his release on a record $250 million pretrial bail. Following the collapse of the $21 billion cryptocurrency exchange in November 2021, the 30-year-old mogul has been accused of having looted customer funds to prop up his Alameda Research hedge fund. The US Securities and Exchange Commission opened a parallel complaint against Bankman-Fried, alleging that he used FTX customer deposits as a “personal piggy bank” for investments, political donations and real estate purchases. Should he be found guilty of charges of fraud and vioating ..read more

The following are a selection of some of the most prominent stories from the legal sphere in 2022. While not necessarily the most damaging to those involved, each has commanded a significant share of press coverage and has continued to dominate the public consciousness even after their technical resolution. We expect to see their shockwaves spread yet further in the new year, setting the tone for many upcoming developments across the legal landscape. Johnny Depp v Amber Heard Defamation Trial Celebrity trials can be counted on to generate significant public interest, allowing a window into th ..read more

The company was accused of illegally reducing the tax it paid on executive paid by awarding executives ‘off-the-books’ benefits such as boats and luxury cars in what prosecutors described as a multi-decade scheme. A New York jury found the Trump Organissation guilty of all 17 charges on 6 December. “The foremr president’s companies now stand convicted of crimes,” Manhattan district attorney Alvin Bragg said in a statement to the media after the verdict was delivered. “That is consequential. It underscores that in Manhattan we have a standard of justice for all.” The conviction marks a victory ..read more

Shannon Dorvall, general counsel at Imhoff & Associates, shares her specialised knowledge of expungement and its uses in this article. What distinguishes ‘expungement’ from ‘sealing’ or ‘confidentiality’? Expungement, sealing and confidentiality are three legally distinct methods of dealing with criminal records. Expungement is the process of destroying and eliminating records. The goal of expungement is to make it as though the records never existed. While this is the goal, its results vary widely depending on the state where the expungement is requested. Often, the term ‘expungement’ i ..read more