Explaining White Collar Crimes

Alfredo Acosta

Written by

Criminal Defense Attorney

Contributor Level 6

Posted almost 3 years ago. 1 helpful vote

Email

White collar crime can take place at all levels of society. From counterfeiting, to blackmail, to embezzlement – it can be prosecuted on both the state and federal levels.

White collar crime is a general term referring to non-violent crimes that are financially motivated. The term “white collar crime" comes from the idea that they were typically committed by business executives who wear a white shirt and tie, hence the term. However, it is a misnomer because people from all types of backgrounds can commit this type of crime.

It is not required to be a business executive or someone with a college degree to bribe somebody, or to blackmail an individual. The same goes for tax evasion, counterfeiting, forgery and identity theft. Still, those offenses are often in the same category.

The one element that all white collar crimes have in common is that they are usually involved in some type of fraudulent scam or activity. Although anybody can commit this crime, many times they are committed by professionals who have direct access to the resources necessary to further such crimes. They can use their special occupational skills, access and opportunities to defraud governments, businesses and individuals.

Due to the fact that white collar crimes are financially-related they are not necessarily connected to narcotics, crimes against personal property, organized crime, immigration, civil rights or vice crimes.

In the United States, criminal law is primarily enforced at the state level, however, white collar crimes can be prosecuted at either the state or federal level, or both. Many of these crimes cross state lines, therefore many of them are prosecuted in federal court.

White collar crimes are taken very seriously in this country; they are responsible for huge financial losses to federal, state, and local governments, to corporations, small businesses and to individuals. Many of them are investigated by large government agencies such as the Federal Bureau of Investigation and the Securities Exchange commission. It is not uncommon for a person to pay thousands of dollars in fines, to pay victim restitution, and to replace the money they stole.

This is all in addition to incarceration in a state or federal penitentiary. If you are under investigation for a white collar crime, or if you have already been arrested, you should contact a criminal defense attorney right away. You want to make sure that you are doing everything possible to protect your legal rights – hiring a lawyer will be your first line of defense! Do not wait to get the help you need because time is crucial in these cases.

Additional Resources

Acosta, Batovski & Schmiege is a criminal defense firm located in Chicago, Illinois. At their firm, their <a href=http://www.chicagocriminaldefensefirm.com/>Chicago criminal defense attorneys</a> have proven over the years that outstanding service and dedication can make all the difference in a criminal case. Regardless of what you were charged with, they have the tools and experience you need to effectively defend your case. If you should go with their firm, they will work aggressively on your behalf from the beginning to the end. To learn more about how they can help you, <a href=http://www.chicagocriminaldefensefirm.com/Contact-Us.aspx>contact a Chicago criminal defense attorney</a> from their firm by calling (312) 626-2400 today.

Chicago Criminal Defense Attorney

Chicago White Collar Crimes Attorney

Rate this guide

Avvo instant logo@2x

Need an answer to your questions within 15 minutes?

  • 30-minute phone call
  • Ask any questions
  • $99 flat fee
  • Money-back guarantee
Talk to an attorney now

Can't find what you're looking for?

Ask span5@2x

Ask a question on our public forum.

Ask a lawyer
Or@2x
Instant span6@2x

Have an attorney contact you privately.

Right now.

Icon lock@2x
Secure conversation. Your details remain between you and your attorney.
Icon clock@2x
Get an answer guaranteed. Be assured that a lawyer will contact you to help with your legal issue.
Start your session now