People who are involved in illegal activities will sometimes need to make their profits appear to have come from a legitimate source. This is done through money laundering, which is a criminal activity. There are various different manners of "cleaning" money, but none of them are legal.
Embezzlement requires purposeful actions
Embezzlement is a criminal action that might not be what it seems on the surface. The crime has to do with misuse of the funds that a person is entrusted with. This doesn't mean that they didn't have the right to use the assets. It means that they used them for personal gain without the permission of the powers that be at the company. In the simplest of terms, embezzlement is a basic misuse of trust.
Know how to handle yourself during a criminal investigation
Being accused of a crime isn't something that is likely going to make your life easy. Instead, you are going to face a long battle if you want to prove your innocence. When it comes to white collar crimes, you might have a lot at stake because these charges might have to do with your career, which means that you might not be able to remain at your job. We know that you probably have some questions about the options you have for your defense strategy.
St. Louis college suspends employee, accuses him of embezzlement
St. Louis Community College officials have sued a longtime employee who they contend embezzled at least $5.4 million from the school.
White collar crimes: What does money laundering mean?
In the world of fiction, money laundering often represents an important plot point. This is especially so in dramas on the big screen and television programs involving crime. However, money laundering is also one of the more serious white collar crimes in real life.
What does fraudulent misrepresentation mean?
The U.S. justice system comes many unfamiliar terms that confuse defendants. For example, the term fraudulent misrepresentation is just another way of saying that a defendant knowingly engaged in fraud. However, it is a serious allegation that could land the accused in a lot of trouble. In fact, it is one of the most commonly prosecuted white collar crimes in the nation.
Will you end up in jail for not paying taxes?
If you live in the United States and earn money, you're required by law to pay federal, state and local taxes. Even though you understand this, there may come a time when you fall behind.
Think you have never committed a crime? Think again
If someone asked you if you're a law-abiding citizen, you would tell them that you are. You don't use drugs, rob banks or steal cars. You follow the law, you respect authority and you have never done anything that would put you at odds with the authorities.
Famous people punished for involvement in white collar crimes
In our Missouri-based law firm, we are often surprised at how casually people view allegations of their involvement in white collar crimes. This is especially so when the accused is innocent of these allegations. We want you to know that any and all allegations of white collar crime involvement require a serious and immediate response, even if you are innocent of these accusations.
Money laundering: A serious white collar crime
There are many different types of white collar crimes. Some of these have to do with criminal enterprises and the need to make the money involved in those look legal is a top priority. This is where one serious white collar crime comes into the picture. Money laundering is the process of taking money gained by unlawful means and trying to funnel through legal businesses to make it look like it was made legally.
