White collar crimes

 Posted on May 16, 2013 in White collar crime

White collar crimes are not specifically defined, however, they are most often considered to be a variety of nonviolent crimes that are based around dishonesty and/or cheating. Usually, these crimes are committed by entrepreneurs and other professionals in the business area that are under the cover of a legitimate business activity. White collar crimes also typically have a lesser punishment than other crimes because they are nonviolent. Although these crimes do not have severe punishments, they do usually involve very heavy fines, and can include jail time. There are very specific laws that prohibit white collar crime activities, but many of them are covered in less specific catch-all laws that prohibit dishonest behavior.

Embezzlement

If someone take another’s money or property by ways of an official job position of trust or through abuse, they have committed embezzlement. For example, an accountant with access to all personal financial information may falsify records to gain a profit from his or her client(s). Bank tellers, as well, have easy access to finances and may walk away each day with a small amount of money from a client instead of placing it in the client’s account as he or she should.

False Statements

Although the crime that is making a false statement is not only a white collar crime, it is also included within white collar crimes along with other types of crimes. This is one of many more broad laws that will catch white collar criminals in their wrong doings and allow for punishment. In order to convict someone of making a false statement, proof is required of the statement that contains false information and that statement must be made willingly and knowingly by the speaker.

If you have been accused of a white collar crime, contact a criminal attorney for assistance. Attorney Chris Cosley will help to fight for alleged white collar criminals in Rolling Meadows, Ill. today.

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