One of the stories we've been following this year is the embezzlement case involving the St. Louis parks department.
The federal tax code is packed with provisions offering various tax credits and deductions. Both individuals and businesses naturally want to make use of these as much as possible in order to minimize taxes.
One of the themes we're following in this blog is health care fraud. We last wrote about this last summer, in our August 2 post, in connection with the role of electronic health records. The increasing use of digital records has made more personal data vulnerable to identity theft, which in turn is often associated with health care fraud.
The mortgage market instability that began to surface in 2007 became a full-scale crisis the following year. The fallout from it played a role in triggering the Great Recession and left millions of people behind on their mortgage payments.
Church-going people are often categorized in particular ways by others. More than 200 hundreds years ago, for example, the celebrated historian Edward Gibbon claimed that Christians' lack of civic zeal helped bring down the Roman Empire.
The Great Recession has had a profound effect on American life. With so many millions of homes lost to foreclosure, and so many millions of jobs lost, the effects have been incredibly far-reaching -- and are far from over yet.
This is a follow-up to our May 30 post on an FBI investigation into suspected embezzlement in the St. Louis parks department. In that post, we discussed charges against two parks officials for allegedly using fraudulently padded invoices to take half a million dollars from the city.
Mail fraud and wire fraud are two of the crimes that are often included under the umbrella term "white-collar crime."
White-collar crime is by no means a technical term. It generally refers to financial crimes such as fraud, embezzlement and money laundering, historically committed by people wearing white shirts and perhaps even a gray flannel suit.
Medical billing is complex, often convoluted endeavor for all concerned. The Affordable Care Act, the formal name for the health insurance overhaul known as Obamacare, hasn't really changed that fundamental reality.