White-collar crimes are offenses where the criminal makes financial gains by means of deception. High-ranking executives who have access to significant amounts of others’ money typically commit these crimes. White-collar crimes aren’t usually violent or flagrantly illegal, and many perpetrators hold high standing in the community before their schemes are uncovered.
Common White-Collar Crimes
Many white-collar crimes are committed each day in the US, and the extent of the crimes is only limited by the creativity of the perpetrators. Examples of white-collar crimes include insider trading, tax evasion, bribery, embezzlement, insurance fraud and money laundering. Some white-collar crimes are small in scale, such as when a bankruptcy filer fails to disclose all their personal assets. In other cases, one crime can affect thousands.
White-Collar Investigations
A unique thing about white-collar crimes is that perpetrators often find out they are being investigated long before they are arrested. While an impending arrest can cause apprehension in a suspect, it provides them with an opportunity not available to many others. By hiring a criminal defense lawyer at the first sign of trouble, a person may be able to minimize their criminal liability.
Defense attorneys cannot hamper official investigations. However, a person who hires a White Collar Crimes Attorney in Timonium MD is less likely to waive his or her legal rights, or to give in to investigators’ demands too easily. Many white-collar cases are settled out of court before official proceedings begin.
Trial Strategies
In a conventional criminal trial, officers and witnesses testify, physical evidence is introduced, and the entire process can be finished in days. By comparison, white-collar cases can take several weeks or even months.
The government has the burden of proof in a white-collar case. While prosecutors supply the financial records necessary to prove the case, the defendant can present a precise, short argument. A successful defense attorney can find the smallest flaws in the government’s case, and he or she can use that flaw to the client’s advantage.
If a person is facing prosecution for white-collar crimes, his or her reputation, career and freedom could be at stake. With everything that is on the line, that person should hire an attorney with a focus on white-collar cases. Visit Website to consult with a White Collar Crimes Attorney in Timonium MD for case-specific advice.
