At Shrader Law, we have represented many individuals arrested for white collar crime across Florida, both individuals and organizations. Call us now at 813-360-1529 for a free consultation and talk with our white collar criminal attorney.
White-collar crimes are a type of non-violent crimes that are committed in a business or commercial setting for financial gain.
White-collar crimes committed in are prosecuted by the federal agencies and are considered extremely serious. People who commit white-collar crimes are highly placed professionals, highly-skilled executives, and other experts with access to finances.
Both federal and state legislation enumerate the activities that may constitute white-collar criminal offenses. In the United States Constitution, the Commerce Clause grants the federal government authority to prosecute white-collar crimes.
Several federal agencies, including the IRS, FBI and Securities and Exchange Commission, SEC, collectively enforce legislation that pertains to white-collar crimes. Besides, each state hires their agencies to implement white crime legislation at the state level.
FBI has revealed that white-collar crime costs the U.S. more than 300 billion annually.
Although most criminals charged by the government for white-collar crime are individuals, the government is empowered to charge corporations as well for white-collar crimes. Penalties include fines, community confinement, home detention, forfeitures, and imprisonment.
Those with inside information take a particular advantage and reap benefits in the stock market at the expense of the typical investor.
This occurs when two companies join forces to dominate a particular market share by sabotaging competition.
Fraud occurring in healthcare institutions that constitute kickbacks, billing for false services, billing for unnecessary equipment, or any falsification of records to make more profit.
This includes applying for credit cards online using false names, the unauthorized use of information from a particular computer, and manipulation of files for financial gain.
This refers to the unauthorized use of a stolen credit for identity theft.
This entails copying or imitating information without authorization to pass it off as a legitimate source. Counterfeiting usually requires money but can also apply to immigration papers, forced passports, and driver’s licenses.
Trade secrets form the bulk of espionage information. This is anything that can be used in a business to earn more profits. The exposure and tradeoff make the business lose substantial value. A good example is an employee of Pepsi leaking their recipe to Coca-Cola and receiving payment for it.
Others are Ponzi schemes, cybercrime, intellectual property, bribery, embezzlement, racketeering, money laundering, and forgery.
We’ve represented thousands of defendants in Florida. Contact a qualified defense lawyer today by calling 813-360-1529 for a free consultation.