Criminal Lawyer Pittsburgh - What is White Collar Crime?

Last updated 13 hours ago

First defined in 1939, white collar crime is a term used to describe a number of non-violent charges committed by business professionals and corporations. While white collar crimes are considered non-violent offenses, they are not considered a victimless crime. A single fraudulent scam can devastate a family?s financial security, destroy a company, or cost investors millions of dollars in damages. Consider this overview on white collar crime to learn more.

Types of White Collar Crimes

There are a variety of crimes that constitute a white collar crime, including:

• Fraud: Fraud is defined as dishonesty used to reach a specific advantage. While the most common types of fraud include the buying and selling of property, other types of fraud include mortgage fraud, computer fraud, insurance fraud, mail fraud, and even check fraud.
• Money Laundering: When individuals conceal or disguise the monetary proceeds of their crimes in order to use said proceeds to obtain goods and services, this is called money laundering. This allows individuals to use illegal money as economic power, ultimately corrupting the national money supply.
• Tax Evasion: This offense occurs when an individual owes more taxes in excess of what is claimed on their tax return, or when a person knowingly tries to evade paying their annual taxes.
• Identity Theft: Identity theft describes when an individual uses another?s personal identifying information without their permission to commit crimes or forms of fraud. This information can include their name, credit card number, or Social Security Number.
• Embezzlement: Misappropriation or fraudulent attainment of goods to which a person has been entrusted is considered embezzlement.
• Forgery: Creating a false document, changing an existing document, or providing a signature without proper authorization with the intent to commit fraud constitutes forgery. This can include forgery of contracts, legal certificates, and even personal identification cards.

If you have wrongfully been accused of a white collar crime, then you?ll need an experienced criminal lawyer by your side. For the best legal representation, contact the criminal law attorneys at the Law Offices of David Shrager. With several years of experience, our attorneys are devoted to defending your legal rights. Contact us at (412) 567-5833 for more information.

Disclaimer:

The materials available at this website are for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney to obtain advice with respect to any particular issue or problem. Use and access to this website or any of the links contained within the site do not create an attorney-client relationship. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.

Source: http://www.davidshragercriminallaw.com/208473/2011/08/18/what-is-white-collar-crime-.html

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