Millions of people play daily fantasy sports, but is it legal? Criminal defense attorney Mark J. O'Brien is concerned that federal prosecutors may begin targeting it as a white collar crime.
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Are You Committing a Federal Crime by Playing Fantasy Sports?
1. Fantasy Sports:
Harmless pastime or white
collar crime?
Fantasy Sports:
Harmless pastime or white
collar crime?
Fantasy Sports:
Harmless pastime or white
collar crime?
O’BRIEN HATFIELD, P.A.
2. If you were
committing a federal
white collar crime,
you would certainly
know it — right?
Not necessarily.
3. In some cases,federal
charges for white collar
crime can stem from
activities that may seem
relatively ordinary,and
that you may not even
realize are against the
law. Criminal defense
attorney Mark J. O’Brien
is concerned that playing
fantasy sports may soon
become just that sort
of activity.
4. The popularity of fantasy sports has
skyrocketed in recent years,but it falls
within a legal gray area. Recently,it has
begun attracting attention from federal
investigators.
This could mean that prosecutors will
soon begin targeting companies like
DraftKings and FanDuel,as well as their
customers,as part of its ongoing
crackdown on white collar crime.
5. What is white collar crime?
White collar crime is a general term that
describes a variety of non-violent
financial crimes.
6. Examples of some common
white collar crimes include:
Bribery
Embezzlement
Tax fraud
Identity theft
Insider trading
7. No matter where it happens,white
collar crime can often be charged as
a federal offense. This means the
penalties can be severe,including
costly fines and lengthy prison time
in a federal penitentiary.
Often,people serving time in federal
prison must do so far away from
their home and loved ones.
8. Because the stakes are
so high,it is critical for
anyone facing charges
for a federal white
collar crime to get
legal advice from a
defense attorney
with experience in
this area.
Mark J. O’Brien
Victoria E. Hatfield