Criminal Defense Attorney
White collar crimes are usually financial offenses and they are rarely violent. People in positions of trust commit white collar crimes, and they often involve the theft of money from companies or from the government. While the government will sometimes have the best intentions, some cases involve misrepresentation of evidence and deception. The following are some examples of white collar crimes. The victims of these kinds of offenses can include business owners and government officials. The first one, embezzlement, involves the taking of money from another person or company.
The second type of white collar crimes is corporate fraud. This type of crime typically involves large-scale fraud within a particular organization. For example, Bank of America sold mortgage-backed securities that were tied to inflated real estate. The company also contributed to the economic meltdown of 2008 by giving out loans that didn’t have enough collateral. The third kind of white collar crime is embezzlement, which is the stealing of trust funds. These thefts can involve money, property, or services.
Other Types of Crimes
Fraud is a type of white collar crime. Some examples include securities fraud, mortgage fraud, and insurance fraud. For example, a securities fraud case might involve the trading of fraudulent stocks or buying securities. An insurance fraud case would involve the misrepresentation of information on an application. A criminal with this background will also have to pay restitution to the victims of the crime. A criminal record is a permanent mark, which will show up in background checks, employment applications, and housing.
These crimes are not violent but can be just as devastating. They require highly skilled people and a sophisticated set of skills. While white collar crimes are less likely to involve violence. However, they are still serious crimes that can damage companies and their employees. Hence, it is essential to hire a skilled attorney for these types of cases. Consider hiring a white collar crimes attorney. You’ll be glad you did!
So, what are white collar crimes?
White collar crime includes, but is not limited to:
- Bank fraud, credit card fraud, wire fraud
- Corporate fraud
- Insurance fraud, mortgage fraud, health care fraud, and securities fraud
- Investment scams, Ponzi schemes
- Identity theft
- Government fraud and public corruption
- Money laundering
- Tax evasion
These crimes can be prosecuted by state or federal authorities depending on their nature, victims, and financial loss. They may also be prosecuted by the FBI or other federal law enforcement agencies in the most serious cases.
How Are They Committed?
A white collar crime can be committed in any number of ways. Some of the most common types of white collar crimes are money laundering, securities fraud, and corporate fraud. These crimes can affect your professional and personal lives. If you are convicted of a white collar crime, you may have to pay back victims in a variety of ways. As a result, you should work to improve your situation and protect your reputation. You can’t afford to lose.
A white collar crime attorney can help you navigate the complex legal system. Unlike most criminal cases, white collar crimes can be prosecuted with varying levels of severity. The punishment varies by state. In some states, the maximum sentence for a white collar crime is five years in prison. In other states, the maximum sentence is ten years in prison. If you are convicted of a lesser offense, you might be eligible for a reduced sentence.
White collar crimes are nonviolent offenses that involve misrepresentation and deceit. They can result in financial loss for victims. These crimes are known as “white collar” since they are often committed either by government officials or business professionals. The majority of these crimes involve fraud of some kind. Gary L Guymon PC has the ability to help you if you are facing criminal charges or have been the subject of a criminal investigation regarding white collar crime activities in and around Las Vegas. Our criminal defense team has decades of experience in handling cases in the criminal justice system. We are familiar with the system and have established relationships with local judges and prosecutors, the same ones that you might be facing in your white-collar crime case.
Las Vegas Experienced White Collar Criminal Defense
White collar crimes can lead to the loss of your job or career, as well as heavy fines, probation, restitution to victims, and jail time. A felony conviction could adversely affect your future. To fight the charges and get fair treatment throughout the criminal legal process, you need strong legal representation. Gary L Guymon PC, a Las Vegas lawyer for white collar crimes, can help you achieve this.