What is White Collar Criminal Defense?

If you are a business owner or corporate executive and you’ve found yourself in some hot water, you may be facing a matter involving white collar crime. In today’s blog post, we’ll be digging into what exactly white collar crime is and what kind of defense may be required.

The phrase “white collar crime” refers to nonviolent criminal activity that is committed in the pursuit of money. Usually white collar crimes involve deceiving others — whether they’re business partners, employees, or consumers. Some common examples of white collar crime include:

  • Fraud
  • Embezzlement
  • Money laundering
  • Tax evasion
  • Bribery 
  • Insider trading
  • Identity theft
  • Forgery

White collar crime can be prosecuted on both state and federal levels. 

What consequences might one face if convicted of white collar crimes?

Courts take financial scams and unfair business practices very seriously. Just because these crimes are not violent does not mean they don’t hurt anyone. The victims of fraud can face tragic consequences and may struggle to rebuild for years. For this reason, you will find that the sentences for people convicted of white collar crimes can be quite severe – often decades in prison. Of course, the exact consequences one potentially faces depends on the specifics of the charges. 

What kind of defense do I need if I have been accused of a white collar crime?

If you have been accused of – or think you may be under investigation for – a white collar crime, you need to partner with an attorney who is well-versed in these types of matters. Ideally, your lawyer will be someone who has a good grasp of criminal defense, but also has a good background in business law. This way, you can be sure that you are represented by someone who fully understands the ins and outs of what is going on.

Who can help me?

Whether you have already been arrested, or you think the authorities may suspect you of a white collar crime, it is essential to lawyer up as soon as possible so that your interests can be protected. The Cove Law team is here to help. We have extensive experience in these types of matters, and when these involve state or federal authorities outside Florida, we can enlist the assistance of other attorneys throughout the country as well. Are you ready to schedule a consultation and start exploring your options? If so, then give the Cove Law team a call today. You can reach us at (954) 921-1121. We can’t wait to hear from you and to get started on your case!