Will You Get Imprisoned If You Commit a White-Collar Crime? The Crucial Insights to Know

It’s interesting to note the crimes that can make you or anyone from your family serve jail time. For instance, can you get punished for fraud, money laundering, theft accusation, or embezzlement? The focus here is white-collar crime! You might go to prison based on the circumstances and the nature of the criminal allegation. 

The truth is white-collar crimes can make you suffer jail time, similar to assaults, murders, and violent robberies. Also, these white-collar criminal convictions generally make the offenders pay a certain sum of money as restitution for the victims. Should such a situation arise, it is ideal to get in touch with an expert federal and criminal defense lawyer from Oberheiden, P.C.

The sentencing will have an impact on the victims

At the time of the sentencing process, the court will look at the “victim impact statements” that reveal the significant impact of the embezzlement or any other crime on people. There have been instances where people took money from companies that were struggling to pay bills and had other financial struggles. It could be that the company’s president had forcibly declined the paycheck for almost two years so that the employees are on the payroll. The person erring here can well be an employee who didn’t think twice before stooping down a level of misusing money and hurting the company’s reputation. If any company witnesses any money laundering problem because of an employee, they must address this legally and ensure that the matters are reported and resolved.

 

How the court will address and manage the problem depends on the record of the one who erred. For instance, if the accused did what they did in an attempt to survive or make both ends meet, chances are they will have to serve minimal jail time and will get released with a warning. However, when a person has a record of money laundering, the court will treat them differently. 

White-collar criminal convictions can adversely affect in several ways 

The conviction of a white-collar crime doesn’t just result in jail time, restitution payments, and fines, but it has the scope to affect an individual’s career and reputation for their entire life. It is the reason you need to get in touch with an expert, trained and skilled criminal defense attorney to manage and represent such a case. 

Once accused, there is a chance that you come across state and federal charges for white-collar crime. These crimes can take several shapes, but generally, it has to do with finances or any other non-violent criminal activity by any company or person. Given the complexity and seriousness of these charges, it’s crucial to connect with a trusted defense attorney in your area who specializes in white-collar crime.

A knowledgeable defense attorney can provide you with invaluable guidance and support throughout the legal process. They can analyze the specifics of your case, assess the evidence against you, and develop a tailored defense strategy. With their expertise, they can help you understand the potential consequences of the charges, negotiate plea deals if necessary, and represent you in court.

 

Get the best legal help 

Has your loved one been accused of a white-collar crime like insider trading, embezzlement, theft, healthcare fraud, extortion, counterfeiting, money laundering, insurance, or credit card fraud? Then you need to ensure that you address the matter correctly with the help of a Criminal Defense Attorney who can make the case work in your favor and secure your legal rights.

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