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DOS & DONTS of Wire Transfer; wire transfer fraud totals $37 Billion loss over 5 yrs.
In an age where digital transactions are the norm, wire transfer fraud has become an alarming reality. Over the past five years, this type of wire fraud has surged, causing more than $37 billion in losses. As scammers continue to steal, and technology advances, it’s...
New Corporate Transparency Law; Stay Informed
As you may be aware, a federal law known as The Corporate Transparency Act (the “CTA”) became effective on January 1, 2024. This law impacts nearly all small businesses operating through a legal entity such as a corporation, LLC, or limited partnership. The CTA...
Bianca Funari is promoted to Associate Attorney
Since her first year of law school, Bianca has been an integral part of our team at Galarnyk & Associates. Her dedication, hard work, and commitment to excellence have paved the way for this significant achievement. Bianca brings a wealth of knowledge and a fresh...
NLRB’s Landmark Decision: Employers Must Reevaluate Non-Compete Agreements
The recent groundbreaking decision by the National Labor Relations Board (NLRB) has sent shockwaves throughout the business community; forcing employers to re-evaluate their approach to non-compete agreements. The ruling, which questions the enforceability of many...
Top Five Things to Look for in a Scam Email
In today’s digital age, scam emails have become an unfortunate reality in our online lives. These deceptive messages can trick even the most cautious individuals into falling victim to fraud, identity theft, or other malicious activities. However, by being vigilant...
Top Five Things to Look for in a Scam Text
In an era where our smartphones are almost an extension of ourselves, text messages have become an integral part of communication. Unfortunately, scam artists have taken advantage of this convenient medium to target unsuspecting individuals with fraudulent messages....
Home-Title Fraud
According to a recent article posted by the Illinois State Bar Association (ISBA) by Frank Pellegrini March 2008, the FBI identified house-stealing as “the latest scam on the block.” The agency’s predictions proved true. In its most recent report, the...
Changes in Illinois law on Non-Compete and Non-Solicitation Agreements
Proposed amendments to the Illinois Freedom to Work Act (“IFWA”) will limit how employers can use non-competition and non-solicitation agreements. Under the proposed amendments, employers will be prohibited from entering into non-compete agreements with employees who...
Elder Financial Abuse
The pandemic has not only caused many of us to struggle, but it has also put our older population at risk financially. Social isolation and mental impairment are the two main factors that make older adults more vulnerable to financial abuse. According to...
The Restaurant Revitalization Fund
The Restaurant Revitalization Fund (“RRF”), Administered By The Small Business Administration, Is Part Of The $1.9 Trillion American Rescue Plan Act Of 2021, Which Was Signed Into Law On March 11, 2021. The RRF Will Offer $28.6 Billion In Grants To Provide Economic...