It is easy to dismiss white collar crime as offenses that generally do not hurt people and have little effect on society. In fact, judges take the matter of these crimes very seriously and can mete out harsh punishments for people found guilty of them.

Given the array of possible punishments attached to white collar crime, it is essential that you take proactive steps in your own best interests if or when you find yourself accused of such an offense. One of the best steps you can and should take immediately involves hiring experienced, competent legal counsel to defend you in court.

White Collar Crime Defined

White collar crime refers to offenses relating to finances and banking. Some of the more common crimes that fall under this umbrella term include:

  • Identity theft
  • Mail fraud
  • Internet or computer fraud
  • Mortgage or banking fraud
  • Money laundering
  • Embezzlement
  • Bribing a government or public official

In fact, none of these crimes are victimless. They can rob people of hard-earned money, financial security, and even legal safety. Because they can devastate victims' lives for years and cost people hundreds or thousands of dollars in legal fees, many judges hold these crimes in the same regard as violent offenses.

Even so, if you find that you have been accused of one of these crimes, it is vital that you retain legal counsel as quickly as possible. Your lawyer can begin building a case to minimize or eliminate punishment or prove your innocence to the court.

White Collar Crime Defense

White collar crimes can be either a misdemeanor or a felony, depending on in what state you live and of what offense you have been accused. For example, embezzlement is a misdemeanor in many states and can lead to punishments that include:

  • Monetary fines
  • Less than a year in jail
  • Community service
  • Restitution to the victims

While these punishments may not seem to be significant to some people, they can be devastating to your personal life, your job, and your finances.

Alternatively, crimes like identity fraud and money laundering are typically charged as felonies. Felonies carry with them harsher penalties that can include:

  • Expensive monetary fines
  • Upwards of 15 years in federal or state prison
  • Years of probation or parole
  • Restitution to the victims

Even after you are released from prison, you will have the label of being a felon attached to your name for the rest of your life. This label can affect your ability to find employment and rebuild your life. When you want to prove your innocence and escape the legal penalties that come with any white collar crime, your best remedy would be to hire a criminal defense lawyer immediately.

With a lawyer by your side, you can build a case that will help you fight the charges in court. Your lawyer will be instrumental in gathering evidence, subpoenaing witnesses, and taking other legal actions in your best interests.

You cannot afford to leave your fate to chance when you are accused of a white collar crime. Rather than appear in court without representation or trust that you will somehow will escape punishment, you should act quickly in your own best interests by retaining legal counsel to advise and guide you.

Criminal Defense Attorney Ronald J. YengichRonald J. Yengich

Criminal Defense and occasional political trials. Mr. Yengich represented a former Salt Lake County Treasurer, Art Monsoon; a Salt Lake County Commissioner; a Salt Lake City Mayor; a Congressman of the United States of America; Anti-Shah protestors during the Carter administration; numerous judges, prosecutors, police officers and an occasional innocent citizen.

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