White-collar crimes are a common topic when discussing criminal cases, but many don’t understand what misconduct fits into this category. First, these are considered non-violent offenses typically financially motivated, such as money laundering.
Street crimes are violent and often involve serious activities to hurt someone else, but white-collar crimes are done by using manipulation, deceit, and fraud. A wide variety of offenses fall into this category, but the court takes these matters just as seriously. Someone charged with one of these crimes needs a criminal defense lawyer in Jupiter, FL to assist in their defense.
The White-Collar Crime Umbrella
One of the significant differences between these criminal acts and others is that they’re often done by people in positions of authority. For instance, it can be a public official who misuses funds or an accountant who launders money. The white-collar crime umbrella has several criminal acts that fall under it, and they are:
•Ponzi schemes
•Securities fraud
•Tax evasion
•Embezzlement
•Fraud
•Bribery
•Insider trading
•Cyber crimes
The consequences of these actions can be far-reaching, as they can affect the government, industries, and even small companies. The financial losses due to these acts are usually significant, and they can also damage the reputation of the establishment.
Hiring Legal Counsel
The legal system will hold perpetrators of these crimes accountable just as they would in any other criminal act. The individuals typically pay restitution and fines, and going to prison is another consideration.
The severity of the crime will dictate how the judge will handle the case and what punishments are imposed. Anyone who has been accused of a white-collar crime needs legal counsel. Contact the Law Office of Laura E. Kenney, P.A. at www.laurakenneylaw.com for more information.
