Of the many accusations that can affect your professional and personal life, one of the biggest is white-collar crimes. Being accused of theft, fraud, or embezzlement can turn your life upside down. You may be facing serious consequences like imprisonment and excessive fines.
In addition, your professional reputation can take the biggest hit. If you have been accused and need help, get in touch with the best defense team possible. At Simmrin Law Group, we can connect you with an Encino white-collar crime lawyer who is ready to help you fight your white-collar charges.
White Collar Crimes in Encino, CA
Professionals commit white-collar crimes to gain a financial or business advantage. Some people assume that because these crimes are nonviolent, the consequences aren’t as severe. That is not the case. White-collar crimes contain some of the harshest penalties if you are convicted.
Many white-collar crimes are federal offenses. That is why federal organizations like the FBI and the Securities and Exchange Commission (SEC) are required to investigate these crimes. Even though professionals are the main culprits of fraud or similar crimes, anyone can commit them. Intellectual property theft, for example, is a white-collar crime that many people can commit.
Common White-Collar Crimes
Some of the common white-collar crimes include:
- Insider trading
- Intellectual property theft
- Identity theft
- Money laundering
According to the FBI, embezzlement and misapplication of funds are the two most common white-collar crimes that involve financial institutions. Contrary to popular opinion, these offenses are not victimless. They often involve defrauding vulnerable individuals of much-needed finances.
Characteristics of White Collar Crimes
Some of the characteristics of white-collar crimes include:
- The exploitation of social, financial, or technological power for personal gain
- The involvement of deceit and concealment
- The illegitimate gain of finances, property, or services
White-collar crimes can be committed by individuals or organizations. When a group of professionals commits illegal activities within their occupations that can benefit an organization, it is categorized as a corporate crime. Professionals can also commit individual white-collar crimes like money laundering or identity theft.
Fraud in Encino, CA
Another common white-collar crime is fraud. Fraud is committed when finances or services are obtained through false promises or representations. To be accused of fraud, you must prove that you intended to deceive the victim in a business venture.
One of the most common types of fraud is telemarketing schemes. A Simmrin white-collar crime lawyer in Encino can assess your case and help you understand your options for defending yourself against a fraud charge.
Other White Collar Crimes
Other offenses fall under white-collar crimes, like perjury and obstruction of justice. Even though these crimes don’t involve finances or services, they negatively impact the justice system. Bribery and extortion are other white-collar crimes targeting public officials or private individuals.
These crimes involve the use of intentional threats in exchange for some type of benefit.
Computer crimes are other forms of white-collar crime. These crimes involve the use of technology for financial and social exploitation. Cybercrimes fall into this category.
Some examples of cybercrimes are identity theft, phishing, and credit card fraud. White-collar criminals who use computers to illegally access confidential information are also committing computer crimes.
Serious Consequences of White-Collar Crimes
White-collar crimes are responsible for the loss of millions of dollars in the United States.
Because of this, federal agencies are determined to deter white-collar crime by any means necessary. They will prosecute you to the fullest extent of the law, and you will need a qualified Encino white-collar crime attorney to protect your rights.
Even though white-collar crime has been viewed as the lesser of two evils, the number of lawsuits involving these offenses has skyrocketed. When you are charged with a white-collar offense, you could face several penalties, from years of imprisonment to hefty fines.
If your victims suffered serious financial harm, your prison sentence is guaranteed to be lengthened.
It will be just as hard to bounce back from a white-collar crime conviction as it would be for a violent crime conviction. You will have issues finding stable work and affordable housing following your conviction. You may even be ordered to restitution or forfeiture of your resources.
Contacting an experienced white-collar crime attorney in Encino today can be your best move.
How You Can Fight White-Collar Crime Charges
When you are charged with one of these offenses or under investigation, your best course of action is to consult with a white-collar crime lawyer in Encino, CA. White-collar crime attorneys are skilled in handling similar cases on a federal and state level. They can assess your case and create the best legal strategy.
The faster you reach out to a Simmrin white-collar crime lawyer in Encino, CA, the faster a resolution can be reached for your case.
What an Encino White Collar-Crime Lawyer Can Do for Your Case
Most white-collar crimes are federal offenses, meaning they will have to be tried in federal court. It can be intimidating going up against the federal government. White-collar crime lawyers know how to protect their client’s legal interests and reach the best possible outcome.
You need an educated, reputable, and skilled attorney who is knowledgeable about federal law and who can reduce your charges. If you’ve been wrongfully accused of committing a white-collar crime, you want legal representation to help you avoid a conviction.
White-collar crime attorneys can gather the best evidence to prove your innocence or reduce your charges. Reaching out to a trusted legal professional will give you peace of mind while fighting for your legal rights.
Contact an Encino White Collar-Crime Attorney Today
When you have been accused of a crime such as an embezzlement or fraud, hire the best defense attorney you can to achieve the best possible outcome for you. At Simmrin Law Group, we are ready to hear your story and defend you without judgment. An Encino white-collar crime lawyer from our team will ensure you have the strongest legal defense available.
Contact us today to discuss the white-collar criminal charges you face.