White Collar crimes are those intended to result in financial gain through deception. These offenses are typically committed by businesspeople that, through their position, can access significant amounts of money belonging to other people. A white collar crime isn’t overtly illegal, drug related or violent; in fact, most perpetrators hold high positions in the community before their illegal acts are discovered.
Common White Collar Offenses
Various offenses take place almost every day, and the nature of these offenses is only limited by the perpetrator’s imagination. Examples of white collar offenses include insider trading, bribery, tax evasion, money laundering and embezzlement. Some crimes are relatively small in scale, such as when one fails to disclose assets during a bankruptcy petition. Other times, one offense can ruin the lives of hundreds of people, such as when a securities broker commits investment fraud.
Handling an Investigation
A unique aspect of white collar offenses is that a suspect often finds out about the investigation a long time before they are arrested. While this knowledge can cause a perpetrator to be fearful about their future, it also provides an opportunity that many don’t have: the chance to hire a criminal attorney at the first indication of trouble.
In ordinary criminal trials, officers and witnesses are often called to testify and physical exhibits are introduced, meaning that some cases are wrapped up within a day or two. By comparison, white collar crime cases may take several weeks to conclude. The number of witnesses and exhibits can be overwhelming, but that complexity can present a strategic advantage for defendants.
The burden of proof rests with the government. While the prosecution is introducing the evidence necessary to prove its case, the defense can present a case simply and concisely. If the defense can use Evidence Suppression or point out a flaw in the prosecution’s case, they may be able to win an acquittal. Poking holes in the government’s case is a good strategy for white collar crimes, but it requires tremendous ingenuity on the part of the defense attorney.
Call a Defense Attorney
If one is facing prosecution for a white collar offense, their reputation, career and future can be at stake. In some cases, one’s freedom can be in danger. There is a lot to lose, and one should hire a specialist. Call Houston Criminal Firm at 713-229-9992 for advice on one’s specific situation or email us.