White Collar Crime

White Collar Crime Lawyers in Jacksonville Offering Sophisticated Defense Strategies

White-collar crimes are non-violent crimes that often involve theft, fraud, or forgery for personal or business gain. Although these crimes are non-violent, getting convicted of a white-collar crime can have serious ramifications in your personal and professional life. The experienced lawyers at Weldon Law Group, PLLC can help you craft an aggressive white-collar criminal defense strategy for your case. Contact the lawyers at Weldon Law Group, PLLC today for a free consultation by calling 904-204-3420.

What is Bank Fraud?

Bank fraud is a financial crime that can involve identity theft, manipulation of records, creating false accounts, or engaging in credit card fraud. Those who commit bank fraud may be looking to take money from an individual or institution, or they may be attempting to commit tax evasion or embezzlement for financial gain. Note that bank fraud must be done knowingly and purposely – individuals who are manipulated into bank fraud typically cannot be charged with a crime.

Bank fraud may also encapsulate bankruptcy fraud or the act of falsifying documents or records when filing for bankruptcy for personal and financial gain.

Penalties for bank fraud depend on the charges faced and the severity of the crimes. However, they can include jail time and hefty fines. Probation may also be an option depending on the criminal charges faced.

What is Corporate Fraud?

Corporate fraud occurs when a member (or multiple members) of a corporation commits fraudulent activity for personal or business gain. This can include falsification of documents, conspiring to take funds from others, or intentionally losing assets retained by the business.

Some common examples of corporate fraud include:

  • Skimming: intercepting funds before they can be recorded in a company’s records
  • Unauthorized use: an employee using company assets (like a company car or company credit card) for personal use
  • Ghost employees: creating fake employees on the payroll and directing funds into personal bank accounts
  • Personal purchases: an employee using company funds to buy personal goods or services

Those facing corporate fraud charges may face years of prison time, depending on the severity of the charges and the amount of funds stolen. Individuals convicted of corporate fraud charges may also have to pay fines and penalties determined by the state or federal government. There are a number of agencies responsible for investigating corporate fraud, including the Federal Bureau of Investigations (FBI), the Securities and Exchange Commission (SEC), and the Internal Revenue Service (IRS).

What is Securities Fraud?

Security fraud crimes encompass any white-collar crimes that involve the stock or commodities market. The word “securities” can refer to bank notes, investment contracts, municipal bonds, and more. Fraud occurs when a person lies, cheats, or manipulates their way into a financial advantage. Those who commit securities fraud are often involved in these investments in some way, working as a securities broker, as a financial analyst, or on behalf of a corporation. Even if this fraud doesn’t result in profit, an individual can still face criminal charges for the act of the crimes.

Getting convicted of securities fraud can come with serious consequences, including fines and jail time. A convicted individual could face hefty fines and penalties as well as federal prison time, depending on the severity of the offense.

What Are Other Types of White Collar Criminal Offenses?

White-collar crimes can be either state or federal crimes, depending on what the charges are and where the crime was committed. Typically, penalties depend on the severity of the crimes and how much money was stolen.

In addition to the examples of fraud above, white-collar crimes can include:

  • Blackmail
  • Bribery
  • Counterfeiting
  • Extortion
  • Intellectual property theft
  • Money laundering
  • Mortgage fraud
  • Racketeering
  • Insurance fraud
  • Healthcare fraud

How Can a Criminal Defense Attorney Help Me?

If you are facing white-collar crime charges, it is pertinent that you seek out a white-collar crime attorney immediately. An attorney helping clients with criminal defense cases can help you defend yourself against state or federal criminal charges and can work on your defense against jail time and fines.

Contact the experienced lawyers at Weldon Law Group, PLLC today for a free consultation by calling 904-204-3420.

Request a Consultation

"*" indicates required fields