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What You Need to Know About Most Common Types of White-Collar Crimes

Posted on : February 13, 2018
white collar criminal defense lawyer

Meeting with a criminal defense attorney is one of the most important steps you should take after being accused of a crime.

A rising number of people are facing allegations of white-collar crimes. White-collar crime was a term originally coined in 1939 and is used to describe crimes that are typically committed by someone who is in a respectable society position and has what is seen as a high social status. White-collar crime today however, encompasses a broad range of criminal behaviors usually used to obtain some type of a legal financial gain.

White collar crimes may lead to serious allegations affecting your reputation as well as your freedom. Don’t assume that because a white collar crime is not as violent as others that you won’t be looking at a very aggressive case prepared by the prosecutor.

For the vast majority of the white-collar crimes, these are classified as non-violent. Many modern white-collar crimes are committed using technology such as computers to gain access to confidential information. Some of the most common types of white collar crimes all can range in severity and complexity. Insurance fraud is one example. Other people may be accused of wire fraud, computer fraud, hedge fund fraud, insider trading, securities fraud, mail fraud, identity theft, embezzlement, mortgage broker fraud, bribery and tax evasion.

The primary basis of all of these white-collar crimes is some type of a financial or economic gain. White collar crimes may go undetected for many years and many white-collar criminals will profit from these illegal methods for a substantial period of time.

Many people are under the impression that white-collar criminals should not be punished as severely as those who have committed violent crimes; however, the impact of this accusation on your life can be significant and this is why your case should only be handled by an experienced defense attorney who has years of working in the field. The right lawyer is extremely important in your case.

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