Being accused of or investigated for a white collar crime can be a devastating experience as these complaints are typically complicated financial cases. Many involve multiple law enforcement agencies and can result in harsh consequences.
The FBI characterizes these types of crimes as involving deceit, concealment and violations of trust. The motivation to commit these offenses, according to law enforcement, is for financial gain. If you face charges or believe you are under investigation, it’s vital to begin building a defense as soon as possible.
What are white collar crimes?
The FBI first reports using the term “white collar crime” in 1939 regarding a wide range of crimes committed by business and government officials. The phrase extends to private citizens for offenses such as:
- Embezzlement
- Securities fraud
- Tax fraud
- Insider trading
- Forgery
- Mail fraud
- Wire fraud
- Identity theft
- Ponzi schemes
- Medicare and Medicaid fraud
Seek experienced defense counsel immediately
Convictions for these types of offenses can result in lengthy prison terms and large fines, and other long-lasting personal and financial consequences. However, just being charged can ruin a person’s reputation regardless of whether they are convicted or the case is dropped.
That’s why working with an experienced criminal defense attorney is crucial. A knowledgeable lawyer can vigorously fight or disprove alleged evidence keeping charges from being filed, and preserve your reputation.
Types of defenses commonly used
Prosecutors often amass mountains of paperwork detailing transactions and other intricate financial details. Experienced lawyers know how to:
- Disprove prosecutors’ arguments, which are often incomplete
- Show there was no intent to commit a crime
- Demonstrate that you were not aware that a crime took place
- Prove that you were coerced by someone else
- Uncover proof of entrapment or other law enforcement investigative misdeeds
In the event that your case goes to trial, your attorney will look for a way to lessen charges and penalties, including a plea bargain, becoming a witness or otherwise cooperating with prosecutors in the investigation when it’s in your best interests.
