White Collar Defense
Written by AskTheLawyers.com™
Are You in Need of White Collar Defense?
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White collar crimes generally refer to financially motivated but nonviolent crimes, often perpetrated by some kind of professional. If you find yourself facing one of these criminal charges, you will likely need the help of a white collar defense lawyer. White collar defense attorneys are criminal defense attorneys that specialize in collecting specific evidence and presenting it to a jury on behalf of a person accused of a white collar crime. In some cases, a white collar defense attorney might be able to negotiate on your behalf to the prosecution in order to reduce or even dismiss the charges a client faces.
Unfortunately, even innocent people find themselves convicted of white collar crimes. This is why it is extremely important to seek the counsel of an experienced criminal defense attorney who can walk you through the trial process and can present your best case to the court. If you have been arrested or are concerned you might be in legal trouble, or if someone you know was taken into police custody, it is paramount to find an attorney as quickly as possible. White collar defense attorneys can help assess your situation and determine what evidence exists to protect you from unjust sentencing.
What Are the Facts on White Collar Crime?
It may help to gain an understanding of the data surrounding white collar crime.
Let’s go over some white collar crime facts according to the U.S. Department of Justice:
- The most common criminal white-collar cases handled by attorneys general offices involved medical fraud, false claims and statements, and insurance fraud, in that order.
- Restitution and fines were the most common sanctions against defendants found guilty or liable in white-collar cases. Other common sanctions include probation, imprisonment, suspended sentences, and court costs.
- Legislation surrounding fraud varies from state to state, so it’s important to research the law in your area.
Common White Collar Crimes
White collar crime as a category can encompass many different kinds of crime, but there are a handful of common ones that most white collar defense attorneys and judges are likely to have dealt with countless times before.
Let’s go over some of the most common white collar crimes:
- Corporate fraud: Falsification of financial information, insider trading, and efforts to conceal fraud are all crimes referred to as corporate fraud and make up the majority of white collar crimes.
- Embezzlement: This occurs when someone with access to a company’s or employer’s money misappropriated those funds for their own financial gain.
- Ponzi schemes: These include any kind of investment scam in which people are convinced to pay a lot of money for very little potential reward.
- Extortion: This refers to any attempt by one party to force another to pay them money for illegal reasons, such as blackmail, “protection” money, and more.
- Bankruptcy fraud: This occurs when someone filing for bankruptcy hides a valuable asset, property, or anything else of financial value in order to prevent it from being seized to pay back creditors.
Look for a White Collar Defense Attorney
Cases surrounding potential white collar crimes can be extremely complex with various parties and financial tracking involved. This is why it is especially important to contact an experienced white collar defense attorney if you have been charged with a white collar crime or fear you might be accused of one. These attorneys are well-versed in the legislation surrounding these crimes and will know how to accurately evaluate your situation and protect you and your family from injustice as effectively as possible. To learn more about what qualifies as a white collar crime or to discuss your situation with an experienced professional, seek legal counsel.