Although most of us imagine Neal Caffrey and the rest of the cast of USA’s hit television show, white collar crime is a serious category and often denotes thousands, millions, even billions of dollars in stolen profits, property, intellectual rights, and so on. White collar crime is defined as a crime committed by a person ranking high in society, normally involving no violence or threat thereof. It is often lumped together with other corporate-based crimes, from embezzling to check fraud, since the two share so many common characteristics.
Typically speaking, white collar crime includes charges such as the following:
- Fraud, bribery, money laundering, forgery, and embezzlement
- Computer crimes, such as hacking or identity theft
- Insider Trading and copyright infringement
White Collar Names You Might Recognize
There are many famous—or infamous—names made popular by Hollywood that are synonymous with white collar crime. One of the most famous is Frank Abagnale, made famous by Leonardo DiCaprio in Catch Me If You Can. Other memorable white collar criminals were invented by Hollywood but believable enough to be almost realistic, so often copied and probably immortalized, such as Danny Ocean (Ocean’s 11, 12, and 13) and Neal Caffrey (“White Collar,” USA channel).
Reality of White Collar Crime
Prisons and jails are full of criminals in the working class, men and women feeling no choice but to commit violent crimes, wind up with drug-related charges, or to find a way to steal what they cannot afford, from cars to cash. White collar criminals are no less dangerous, and probably more so if you consider the effects on the economy and more specifically businesses and society’s perception of morality. After all, if we think that we can get away with something, and it is glorified as receiving little or no actual jail time, we are probably more tempted to commit the crime.
It is critical that no one overlook the severity of these types of crimes, as United States lawmakers and law enforcement officials begin to crack down on white collar crimes in an effort to turn the tide back toward the law and ethical business dealings. Therefore, the consequences of committing these types of crimes are becoming harsher each year, in states like Alabama and Georgia, but also in the United States as a whole. Conviction can lead to hefty monetary fines, criminal restitution, long jail terms, and much more, depending on the individual and the case.
What a Conviction Could Mean For You…
The vast majority of white collar crimes are committed by first time offenders without any other criminal history. This leads many to believe that they will receive leniency, but this is an assumption with serious negative consequences. Whether you are convicted in criminal court or not, the people (or companies) that you have wronged still have the opportunity to seek justice in civil court, so you could still wind up paying massive penalties even if you do not go to jail for decades.
For instance, check fraud, one of the more common types of white collar crime, can carry a prison sentence of ten to twenty years, plus monetary fines or criminal restitution. In some cases, it becomes a federal investigation, meaning that you could face prison in a federal prison instead of state prison.
We Can Help!
The law is very specific regarding white collar crimes, and we understand these complexities and are experienced in dealing with these types of charges. Your future, and your potential financial success later in life, will likely depend on having someone to fight on your side, and that is what we do best. Over our twenty years of serving in the Auburn/Opelika area, we have defended thousands of clients, and have achieved a more than 90% success rate in delivering better-than-expected results in a variety of cases and charges.