White Collar Crimes are made up of many different violations under the criminal code. These crimes are felony offenses under both state and federal law and are enforced by both state and federal authorities. White collar crimes most often involve non-violent financial crimes, committed by trusted employees within a company structure or government agency, although many of what are considered white collar crimes may be committed by individuals acting alone or as part of a group, completely outside a traditional organizational setting. Common white collar crimes include: identity theft, embezzlement money laundering, and various types of financial fraud crimes ranging from insurance fraud, securities fraud, to medical billing fraud, and computer fraud, among others.
Most white collar crimes will result in imprisonment, large fines, and restitution. Having such a crime on your record will make future employment difficult to obtain. White collar crime charges may be a combination of federal and state charges and therefore makes the process of defending against these charges very complex. If you have been charged with a white-collar crime or are aware that you are a suspect in a financial crimes investigation by the FBI, the U.S. Treasury, or state law enforcement, you should contact a lawyer immediately to develop a defense. The lawyers of The Defenders are experienced in defending those charged with white collar crimes.
Identity Theft (NRS 205.463)
Perhaps the most common of white collar crimes, Identity theft is defined as “Obtaining and using personal identifying information of another person…intended to unlawfully use such information.” Identity theft is commonly used to gain access to bank accounts, credit cards, ATM’s or benefits intended for the other person, for the purposes of accessing their money. Identity Theft convictions result in category C and B violations with prison time of 1 to 20 years and fines up to $100,000.
Embezzlement (NRS 205.300)
Embezzlement, is using any money, goods or property which has been entrusted to a person for a specific purpose most commonly by an employer, converted to that person’s personal use, or being used for personal gain, or something other than the intended purpose. This can range from cash, deposits, goods, products, or services. For values over $650, convictions for embezzlement are considered category C and B felonies with convictions resulting in up to 20 years and fines up to $100,000.
Money Laundering is used to mask the source of unlawfully obtained funds through a series of financial transactions. It is a federal crime, which law enforcement agencies vigorously pursue. It is usually charged in conjunction with Specified Unlawful Activities, such as drug trafficking, theft, embezzlement, human trafficking, murder, kidnapping, robbery, extortion, smuggling and fraud. It is a felony with conviction resulting in a fine of $500,000 or twice the value of the property involved in the transaction, whichever is greater; and imprisonment in a federal prison of up to 20 years.
Fraud is a wrongful and criminal deception intended to result in financial or personal gain. There are many types of fraud crimes specified in both state and federal statutes and most are felony violations which result in long prison sentences and high fines. Please reference the linked article on fraud crimes for particular types of fraud and associated penalties.
The Defenders represents those charged with White Collar Crimes
The lawyers of The Defenders will strategize and build a strong aggressive defense against charges of white collar crimes. K. Ryan Helmick and his team have the experience to provide a thorough and strong defense if you have been charged with one of these crimes. Call our office today to discuss your case at (702) 333-3333.