The Top Five Heaviest White-Collar Crime Prison Sentences

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The distinction of the longest prison sentence handed down for a white-collar crime conviction goes to Sholam Weiss who in 2000, was sentenced to 845 years in prison

When Bernie Madoff was sentenced to 150 years in prison for his Ponzi scheme that resulted in losses of more than $65 billion, he was only the latest in a long line of white-collar criminals who have been sentenced to hefty prison terms that effectively damned them to death behind bars. Most Americans after hearing about Madoff’s sentence could have been forgiven for thinking that this was the longest white-collar crime prison sentence handed down to a convict. Actually, Madoff’s sentence was not even the second or third longest prison sentence for a white-collar crime.

The distinction of the longest prison sentence handed down for a white-collar crime conviction goes to Sholam Weiss who in 2000, was sentenced to 845 years in prison, for his role in the $450 million National Heritage Life Insurance fraud that brought down the company. His release date is scheduled for November 2000 754.

Weiss’ co-defendant Keith Pound was also handed down a sentence of 740 years, but ended up serving only four of those years. He died in jail at the age of 51.

73-year-old Norman Schmidt was given a 330- year prison sentence after he was convicted of his role in an investment fraud which resulted in money coming in from investors, being siphoned off to buy NASCAR race cars, and even a racetrack.

Robert Thompson was sentenced to 309 years in prison after being convicted of wire fraud. Madoff is actually the last name on this list.

Such long sentences for white-collar criminals used to be fairly rare earlier, but since the financial crisis, and the role of Wall Street firms in the collapse of the economy came to light, there has been a public appetite for longer criminal sentences for persons convicted of accounting fraud, investment and securities fraud, and insurance and mortgage fraud.

One of our Meeting Locations: The Reeves Law Group 1055 W 7th St #3333, Los Angeles, CA 90017 (213) 271-9318. We are Long Beach personal injury attorneys

 

Five Celebrity Snow Accidents on the Slopes

snow-accidents

This winter season has been especially brutal, and has already resulted in a number of snow accidents and injuries.

This winter season has been especially brutal, and has already resulted in a number of skiing and snowboarding accidents and injuries. One of the most prominent of these has been the skiing accident involving race car champion Michael Schumacher.

Schumacher sustained a brain injury, when he fell and hit his head on the rocks, while skiing. The   accident occurred on December 29 in Meribel. The racecar driver is currently in the hospital, and is believed to be in a critical, but stable condition. He has also already undergone several brain surgeries, and is   in a medically induced coma.

Following Schumacher’s terrible injury came news that German Chancellor Angela Merkel had also been involved in a skiing accident. This was also a serious accident, and Merkel fractured her pelvic bone in the accident. The accident occurred in Switzerland while the German Chancellor was cross-country skiing. Her injuries are not life-threatening, but she will be required to take rest for a few weeks.

One of the more serious snow accidents involving entertainers was the one that killed singer-turned-politician Sonny Bono back in January 1998. He was killed instantly in a skiing accident, when he collided with a tree at the Heavenly Valley Resort in Nevada.

Another serious skiing accident involving a celebrity was the one that resulted in the death of actress and model Natasha Richardson in March 2009. In Richardson’s case, she suffered a fall during a private skiing lesson, on a beginner slope in Canada. After the injury, Richardson seemed perfectly fine, and joked and laughed about the accident. She then blacked out, and had to be rushed to the hospital, where she was declared dead.

In December 1997, Kennedy family scion Michael Kennedy died when he collided with a tree in a skiing accident in Aspen, Colorado.

These accidents underscore the very real dangers that skiers and snowboarders can be exposed to on the slopes, and the need to take strong precautions to avoid injuries.

One of our Meeting Locations: The Reeves Law Group 1 World Trade Center #800, Long Beach, CA 90831 (562) 528-3135

 

The Most Frivolous Lawsuits of All Time

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The term “frivolous lawsuit” is used far too often by tort reform advocates, who believe that there is a trend towards excesses litigation in this country.

The term “frivolous lawsuit” is used far too often by tort reform advocates, who believe that there is a trend towards excesses litigation in this country. That isn’t true at all, and many so-called “frivolous” lawsuits, even the infamous McDonald’s hot coffee case, are genuine cases. However, sometimes, there are lawsuits that push legal boundaries a tad too far.

Everyone is familiar with the exaggerated advertising tactics that are employed by alcohol companies. Budweiser, for instance, for years ran a successful ad campaign that linked drinking the beer, to attracting women like bees to nectar. At least one man took that advertising far too seriously. Richard Overton filed a lawsuit against Budweiser, claiming that he drank the beers for the years and years, and never managed to attract the kind of women that the company portrayed in its commercials. Fortunately, better sense prevailed, and the case was dismissed.

A woman who visited the Halloween Horror Haunted Nights haunted house attraction at Universal Studios filed a $15,000 lawsuit against Universal Studios, claiming that she suffered immense turmoil, and mental anguish after a visit to the haunted house.

A man who walked into a unisex bathroom at a concert venue found several women using urinals. That probably wasn’t a pretty picture, but it definitely didn’t warrant the kind of action that the man took. He filed a lawsuit against the concert venue, claiming $ 4.5 million in emotional distress. He lost.

Sometimes, plaintiffs go over the limit. One such man who was speeding at above the posted speed limits, crashed into a bicycle, killing a young child. He got away scot-free with that bad behavior, because his attorneys managed to show that the boy was riding at night, without bicycle lights, and therefore contributed to the accident. However, the man then turned around and filed a lawsuit against the young boy’s family for damages to the Audi he  was driving at the time.

Sometimes people can take their claims for emotional pain and suffering damages too far. One elderly woman, who opened the door and 10:30 PM and found teenage girls selling cookies, claimed that she suffered extreme trauma upon seeing girls at her door. She actually filed a lawsuit claiming emotional damage, and received $930 for an emergency room visit for treatment of her anxiety attack.

A man who resembles basketball superstar Michael Jordan actually filed a lawsuit against the basketball star, and also named Nike in the lawsuit for promoting Jordan to the extent that he became so famous. According to the man, he had suffered years of anguish and suffering due to be being mistaken often for Michael Jordan.

Yet another bizarre lawsuit was filed by Robert Block, and named himself. According to him, Block who was serving time in prison at the time, committed the crime while he was drunk, which was a violation of his religious beliefs. He had therefore violated his own civil rights, and therefore sued himself for $ 5 million. Fortunately, the case was dismissed.

In a classic case of taking damages a little too far, a man claimed that a  dry-cleaning shop had misplaced his pants. He sued for $ 64 million, but lost the case.

In 2002, a man who convicted for raping a patient at the hospital sued the hospital for negligence, claiming that the hospital had failed to prevent him from carrying out the rape.

Yet another lawsuit was triggered by a bowl of mashed blended rat. However, in this case, it was not the man who ate the horrible dish who filed the lawsuit. Rather, it was another man who watched contestants on the Fear Factor  reality show, eating the horrible dish, who decided to file a lawsuit, claiming that watching the contestants eat the rat triggered intense revulsion.

One of our Meeting Locations: The Reeves Law Group 1 World Trade Center #800, Long Beach, CA 90831 (562) 528-3135

 

Settling vs. Going to Trial

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In most lawsuits, plaintiffs and lawyers at some point will have to sit together to make a decision on whether to settle with the opposing party, or take the case to trial.

In most lawsuits, plaintiffs and lawyers at some point will have to sit together to make a decision on whether to settle with the opposing party, or take the case to trial. It isn’t an easy decision to make, and there are pros and cons to each option.

Some research has indicated that settling is much better than going to trial. According to the results of a new study that poured through civil lawsuit settlements, in many cases, persons who decided not to settle and went to trial, ended up making the wrong decision, and getting less than they would have if they had settled.

More than 92% of cases on an average are settled. In such cases, it is almost impossible to tell whether these cases would have done much better if they had gone to trial.

The study focused on more than 2,000 cases that went from the settlement stage to trial, between 2002 and 2005. In approximately 61% of the cases, the decision to go to trial was wrong, and the plaintiff ended up with lower damages. In just 24% of the cases, the plaintiffs received higher damages by going to trial.

There are definitely great advantages to settling. For one, you’ll get paid much quicker, and settling can also make it much cheaper. Litigation can be extremely expensive. Further, in a settlement, you have the option of protecting your privacy. Settling can end the long drawn out process of a lawsuit.

However, as part of the settlement, you may have to accept that the other party did not admit any wrongdoing or guilt in the matter. This is often something that many plaintiffs cannot digest.

In a trial, you have a chance of ending up with potentially huge damages. The risk is that you cannot really predict how a jury is going to rule.

One of our Meeting Locations: The Reeves Law Group 1 World Trade Center, Suite 800 Long Beach, CA 90831 (562) 528-3135

Solitary Drinking May Increase Risk of Teen Drinking Problems

teen drinking

Alcohol-related problems among teenagers have a number of consequences, not the least of which is a higher risk of being involved in potentially fatal or serious drunk driving accidents while driving.

Alcohol-related problems among teenagers have a number of consequences, not the least of which is a higher risk of being involved in potentially fatal or serious drunk driving accidents while driving. Negative alcohol-related practices very often continue into adulthood, increasing those risks further. A new study finds that teenagers, who spend time drinking alone, are much more likely to develop alcohol-related problems as adults.

The study was published recently in the journal Clinical Psychological Science of the Association for Psychological Science. According to the study, teenagers who drink alone, are much more likely to suffer from alcohol-related problems later in life, compared to peers who drink only in a social environment. Most teenagers drink in social environments, but there are many teenagers who prefer to drink when they are alone.

Such solitary drinking could be an indicator of alcohol-related problems down the road down the road. Teenagers, who drink alone, according to the study, are more likely to be heavier drinkers. They are also much more likely to indulge in other negative alcohol-related practices like drinking when they are faced with negative emotions or circumstances.

The researchers found that teenagers, who drink when they are alone, have a psychological basis for their practices. These are typically teenagers who are feeling lonely, or are feeling hostile, or are in a bad mood. Teenagers, who have had an argument with a friend or family member, are much more likely to drink alone.

In such cases, alcohol is used as a way of self-medication, and a coping mechanism to help deal with negative emotions. Not surprisingly, such behaviors are much more likely to translate into heavy-duty alcohol-related problems, like binge drinking and other practices that increase the risk of being involved in an accident.

One of our Meeting Locations: The Reeves Law Group 28202 Cabot Road, Suite 300 Laguna Niguel, CA 92677 (949) 614-1142

Prevention of Snowboarding Accidents

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One of the major causes of snowboarding accidents and injuries every year is the use of defective or malfunctioning equipment. Call (800) 644-8000

One of the major factors in snowboarding accidents and injuries every year is the use of defective or malfunctioning equipment. If your snowboarding equipment consists of bindings that are too tight or loose, or if the equipment is not specific to your level, or the terrain, then it only increases your risks of being involved in an accident.

Equipment must be properly sized to the terrain that are using. Failure to use equipment that is built for your kind of use can increase your risk of being involved in an injurious accident.

Never attempt to snowboard without wearing helmets. Buy a helmet that complies with safety standards, and is manufactured by a reputed manufacturer. Wearing a helmet can substantially reduce the risks of being involved in a serious snowboarding accident. A collision with another snowboarder or a tree for instance, can increase your risk of suffering a brain injury. Those risks are substantially lower when you are snowboarding wearing a helmet.

However, in spite of all the advantages that come with wearing a helmet while snowboarding, not even half of snowboarders actually wear helmets every time. In fact, according to statistics, hardly about 50% of skiers and snowboarders wear helmets as a matter of routine while playing the sport.

If you are snowboarding in a park, make sure that you’re wearing other protective gear, including elbow and knee pads. These can reduce the risk of suffering joint fractures. Wearing protective equipment  plays a major role in helping reduce the risk of snowboarding accidents. In fact, it can reduce the risk by as much as 43%.

Make sure that you receive proper instructions before you begin snowboarding, and follow all instructions carefully. It’s important to warm up properly, and also cool down after snowboarding, and your instructors will be able to advise you properly regarding this.

Avoid snowboarding soon after lunch when you’re more likely to feel drowsy, and stop snowboarding when you begin to feel fatigued.

One of our Meeting Locations: The Reeves Law Group 198 N Arrowhead Ave, San Bernardino, CA 92408 (909) 657-0576

Causes of Herniated Discs

causes of herniated discs

About 90% of all back injuries involve the lower back, and lower back pain is considered one of the leading causes of herniated discs across the globe.

Herniated discs are a major cause of back injuries and lower back pain across the country. In fact, according to some statistics, about 90% of all back injuries involve the lower back, and lower back pain is considered one of the leading causes of herniated discs across the globe.

Back pain is a serious and is a debilitating condition for Americans. It is estimated that as many as 80% of Americans suffer from lower back pain at some point in their lives. The pain is not just disabling and debilitating, but can also inflate medical expenses. Every year, Americans spend close to $50 billion in back pain in back injury treatment.

Many of these cases of pain and chronic back and lower back pain, can be linked to herniated discs or bulging discs. Most herniated discs and bulging discs are a result of auto accidents, or slip and fall accidents. In fact, these are the two major causes of herniated discs across the United States.

In some cases, people may not be able to pinpoint the exact reason for the herniated disc. This is often true in the case of workplace injuries and repetitive stress injuries. For instance, a person who works for a long period of time using his back muscles, or suddenly twists his back muscles to pick up an object, or bends or stoops in the wrong manner, can suffer from a herniated disc.  Twisting and turning while lifting can also cause a herniated disc. In fact, herniated discs are very often the cause of lower back pain and back injuries in the workplace.  In the workplace, a sudden traumatic injury to the back or fall can also lead to a herniated disc.

One of our Meeting Locations: The Reeves Law Group 3890 11th St Riverside, CA 92501 (951) 324-5174

 

NTSB Confident States Will Adopt Lower Blood Alcohol Limit

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The NTSB agency is recommending that the states should reduce their maximum legal blood alcohol limit from .08% to .05%

Earlier this year, the National Transportation Safety Board unleashed a firestorm of criticism against the agency when it recommended that the maximum legally permissible blood-alcohol limit be lowered from .08% to .05%. Recently, the agency chief assured the public that the agency was still in favor of the reduction of the blood-alcohol limit in spite of the fact that no state has yet moved to reduce the limit, and the fact that there has been very little support for such a measure.

The agency voted unanimously earlier this year to recommend that states reduce their maximum legal blood alcohol limit from .08% to .05%. All 50 states currently follow the .08% blood-alcohol limit rule, and no state has come out openly in support of the National Transportation Safety Board’s recommendations. The Board does not have any authority to pressure states to implement any of its recommendations, although the agency does frequently offer very solid advice and recommendations that are targeted at helping reduce the risk of accidents and keeping Americans safer.

Even the National Highway Traffic Safety Administration has not openly come out in favor of the reduced blood-alcohol limit. The agency says that it does not have data that would support the Board’s recommendation.

The criticism of the proposal however has been extremely vocal. The American Beverage Institute says that reducing the limit from .08 to .05 would result in the criminalization of perfectly legal and appropriate behavior. The Board has even been criticized by those that claim that the agency wants to take the American public back into the Prohibition era.

However, recently speaking at Johns Hopkins University in Baltimore, National Transportation Safety Board Chairman Debbie Hersmann said that her agency was not giving up on the proposal to lower blood-alcohol limits.

One of our Meeting Locations: The Reeves Law Group 1 World Trade Center #800, Long Beach, CA 90831 (562) 528-3135

Man Files Ski Injury Lawsuit after Chairlift Fall

ski chairlift lawsuit

A man, who suffered serious injuries in a fall from a broken chair lift in a ski resort, has filed a ski injury lawsuit claiming injury and negligence.

A man, who suffered serious injuries in a fall from a broken chair lift in a ski resort, has filed a ski injury lawsuit claiming injury and negligence.

The lawsuit has been filed by former Delaware State Sen. Michael Katz. According to his lawsuit, the ski injury occurred nearly 3 years ago when he and his family were on a ski trip to Maine ski resort. He and his three daughters were traveling in the chairlift, when it fell.

The chair fell approximately 35 feet, and Katz suffered spinal injuries as well as traumatic brain injuries. He suffered the most serious injuries among all the people on the lift. Overall, eight people were injured in the accident at the Sugarloaf Mountain in Canada Such Valley. His young daughters also suffered back and head injuries in the accident.

The lawsuit has not come as a complete surprise to the ski resort, which has already settled or is in the process of settling claims from other people who were injured on that day. According to the lawsuit, there were several warning signs that clearly indicated that the chairlift had several safety problems. During the accident, five chairs on the lift fell completely to the ground, and the accident involved a total of 10 people. Eight were injured. There were more than 300 people on the list.

When people visit a ski resort, they expect to have fun, and build a lifetime of great memories. What they don’t expect is to be severely or injured, or suffer long-term disability because of the negligence of the resort. Many of these resorts can be quite expensive, and can charge fancy prices for you to avail of their services. The least that people expect is to be able to use the facilities at the resort safely, without danger of personal harm to them and their loved ones.

One of our Meeting Locations: The Reeves Law Group 3890 11th St Riverside, CA 92501 (951) 324-5174

 

Common Skiing Injuries

skiing injuries

According to the American College of Sports Medicine, almost 3/4th of all skiing injuries occur during fall accidents while skiing.

Over the next few weeks, skiing season will officially begin in some parts of California, drawing skiers from across the state and the country. However, many of these skiers will also be at risk of accidents and injuries, including catastrophic injuries, like brain injuries.

Some of the most common injuries in skiing accidents involve neck and arm injuries, shoulder injuries and head injuries. According to the American College of Sports Medicine, almost 3/4th of all skiing injuries occur during fall accidents while skiing. In fact, according to the American College of Sports Medicine, between 75% and 85% of all injuries that occur during skiing are caused during fall accidents

The most common injuries involve the knees. One- third of all skiing-related injuries involve the knee joint. These types of injuries generally occur in those accidents in which the lower legs are suddenly twisted and torn away from the upper leg.

Other common skiing injuries involve shoulders and arms. The reason for this is fairly easy to understand. When a skier is involved in a fall accident, the reflex action is to immediately put his arm and shoulder out in order to block the fall. That means that the skier ends up placing a lot of pressure on these joints. Dislocation of the shoulder, sprains and fractures of the arms are therefore very common injuries in such accidents.

Some of the most devastating injuries that occur as a result of skiing accidents in California are head injuries. In fact according to the American College of Sports Medicine, as many as 20% of skiing injuries every year are   head injuries. These injuries occur very often when the skier has a collision with a tree, or some other inanimate object. These injuries can also occur when the skier hits the ground during a fall. In most cases according to the Johns Hopkins University researchers, skiers who suffer head injuries during skiing accident, are not wearing helmets at the time of the accident.

One of our Meeting Locations: The Reeves Law Group 1055 W 7th St #3333, Los Angeles, CA 90017 (213) 271-9318

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