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Category: White Collar Crimes

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White Collar Crimes

High-profile lawyer charged with extortion

For many people in Illinois, lawyer Michael Avenatti became a celebrity when he represented adult film star Stormy Daniels in her legal action against President Donald Trump. His representation of Daniels was accompanied by frequent press conferences and TV appearances. However, he is now facing charges after being arrested for extortion on March 25. Avenatti is accused of attempting to extort $25 million from Nike through threats to reveal some form of damaging information about...

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White Collar Crimes

Wire fraud and identity theft most common white-collar crimes

A university study that examined federal prosecutions of white-collar crimes identified the U.S. District Court for the Southern District of Illinois as the location with the most white-collar cases per capita in January. Researchers drew upon data from the U.S. Department of Justice to measure prosecutions against people accused of various crimes like identity theft, wire fraud or embezzlement. Despite the spike in cases recorded in Illinois, these caseloads fluctuate. The southern district ranked as...

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White Collar Crimes

SEC charges Apple lawyer with insider trading

Illinois residents may be interested to learn that the Securities Exchange Commission has filed a claim against a former high-ranking attorney at Apple who allegedly used his position as corporate secretary to engage in insider trading. According to the suit, the lawyer either profited or avoided the loss of $382,000. In his role with Apple, the lawyer was responsible for ensuring the company’s compliance with securities laws. His responsibilities included providing legal advice regarding Apple’s...

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White Collar Crimes

Former restaurant owner arrested in Spain

An Illinois man who previously co-owned one of the most popular restaurants in Chicago was arrested in Spain on charges of misappropriation of funds and wire fraud. The man previously owned Embeya, an Asian restaurant that won accolades for its innovative design and cuisine along with the restaurant’s chef. Despite its popularity, the restaurant suddenly closed in the summer of 2016. After the sudden closure, the man and his wife seemingly disappeared, leaving their car...

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White Collar Crimes

Identifying a Ponzi scheme

Of the many white-collar crimes in the world today, Ponzi schemes can be especially devastating for small investors in Illinois. Many innocent people have lost substantial sums of money through this type of pyramid scheme. Named after an unscrupulous individual named Charles Ponzi in the early part of the 20th century, the scheme revolves around a promise of a high rate of return on an investment based on recruitment of additional investors. A Ponzi scheme...

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White Collar Crimes

Insiders profit from government leaks

For corporate officials in Illinois and across the country, insider trading of securities opens one to prosecution and potentially serious consequences. Some federal prosecutors who have been heavily involved in major insider trading cases are now addressing the culture of leaks in the political system. Of particular concern is the political intelligence industry. Unlike traditional leaking of policy information to journalists, the industry pays for insider information in order to profit on the stock market....

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White Collar Crimes

The elements and penalties of embezzlement

Perhaps you suspected something was awry because the atmosphere in your office or department has been tense lately. On the other hand, it may have come as a shock to you when your supervisor or manager hinted that there was an investigation underway because of missing funds. You may not have been the only one in the room with a sinking feeling, but because your hands are on the financial books, you are likely at...

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White Collar Crimes

3 actions that could raise suspicions of fraud

When you work as part of a company, you may appreciate that your actions help keep the business running as a whole. Though you could sometimes feel as if your actions go underappreciated or that your contributions may seem minimal, you certainly know that issues could crop up if you did not properly carry out your duties. As a result, you certainly do your best to attend to your responsibilities. Though your job may seem...

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White Collar Crimes

Health Care Fraud Unit created to investigate healthcare fraud

The U.S. Attorney’s Office for the Northern District of Illinois has created the Health Care Fraud Unit. This team of five assistant U.S. attorneys was created to prosecute health care fraud cases of all types, including diversion of controlled substances and fraudulent billing schemes. The announcement was made several days after two Chicago-area licensed physicians were charged as part of the largest national health care fraud enforcement takedown action led by the U.S .Department of...

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Easy to work with – and hard to work against. A veteran of many high profile federal and state cases, clients are often surprised by how approachable they find Damon. But having seen him at trial dozens of times over the years, I can attest to his powerful motions practice, ability to conduct relentless cross-examinations, and give moving openings/closings. With personal and professional qualities that make him easy to work with – and hard to work against – anyone in need of a criminal defense attorney would be in great hands with Damon Cheronis.

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A lawyer who truly cares and listens to his clients. Damon, is a lawyer who truly cares and listens to his clients. He was totally prepared for the case so he was never surprised by the prosecutions evidence or arguments. He and was able to put the prosecutors in a defensive mode. He was by far the best attorney in the court room. I would highly recommend him to everyone.

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More than just and attorney! Very professional, always pays attention to detail and hungry to fight for his clients. The price I paid does come close to how hard he works. More than just and attorney! I definitely would recommend Damon to anyone I knew who needed a good attorney.

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