White collar crimes generally involve some form of nonviolent deceit for huge monetary gain, committed by business organizations or governments.
To understand white collar criminal defense, we must first understand its types. Money laundering, embezzlement and corporate fraud are some common types of white collar crimes. Let’s take a look at them in greater detail, and then focus on factors of white collar crime defense:
Types of White Collar Crimes
- Securities Fraud
This is a serious white collar crime that involves misrepresenting company information that investors use to make decisions. It can also include withholding information and offering inappropriate advice.
Another common type of white collar crime that involves using entrusted funds for purposes other than the ones they were assigned for. For example, investment advisers can transfer clients’ money illegally to their accounts without their knowledge.
- Money Laundering
Money laundering is the efforts made to make illegal money seem legal. The money is deposited in a bank in chunks, dissociated from its illegal origins and finally mixed with legal money.
Complexities in White Collar Crimes
White collar crimes are nothing close to simple. Since the stakes are very high, prosecutors call for significant sentences. However, these cases are not straightforward. When deciding a case, a judge takes into consideration the intent of the defendant at the time of the crime.
If the intent was to deceive, the case becomes very difficult to defend. However, if the intent was harmless, it can be a point for the defense attorney.
How To Determine If You Are A Target of an Investigation
You will receive signs that you are being investigated. Some of them may include, getting a call from a detective looking to investigate you for fact finding and receiving a criminal subpoena for your business activities. Also, if it is serious and the investigation is conducted by the Federal court of law, you will receive a letter from an Assistant United States Attorney clearly indicating that you are being investigated.
What to Do When You Are Charged
Being charged with such a serious offense can be damaging and intimidating. Your wealth, reputation, in short, everything you have earned so far is on the line.
At this point, you need to hire a highly professional defense attorney with experience in handling cases involving white collar crimes. With proper strategy and guidance from your attorney, you can get out of this untainted.
Whether it is money laundering or security frauds lawyers, we at Robinson Kardon have got professionals who can deal with all kinds of white collar crimes. Our exemplary experience combined with incredible attention to detail makes us one of the most trusted crime defense firms in Torrance, California.