1530 The Alameda, Suite 115, San Jose, CA 95126

Blog
Email UsEmail Us

FREE CONSULTATION

408-246-5500

Search

FREE CONSULTATION

408-246-5500

Providing legal counsel to San Jose and the Bay Area for over 30 years in the areas of criminal defense, personal injury, employment and disability law.
Group Photo
Se habla español|Chúng tôi nói tiêng Việt

Common Types of White Collar Crime in the United States

Posted on in Criminal Defense

San Jose white collar crime defense lawyerNot all crime is violent - white collar crime is a crime that is typically carried out by business people or government officials and is characterized by its financial motivation. White collar crime usually involves some sort of deceit, lying, or violation of trust in order to gain financial or business incentives. Though it is not a violent crime, white collar crime is still damaging and can destroy businesses and cost people their life savings. Because of the seriousness of the crimes, white collar crime can be prosecuted at both the state and the federal level, which can have damaging consequences.

Embezzlement

This type of crime occurs when someone takes property that is entrusted to them, usually through the misappropriation of money. Typically, those who embezzle tend to take small amounts of money over a period of time to reduce the chance that they will get caught. Sometimes, people will take a large amount of money and then disappear.  

Corporate Fraud

There are many different types of fraud that fall under the category of white collar crime. Types of fraud include:

  • Contract fraud;

  • False advertising;

  • Insurance fraud;

  • Investment scams; and

  • Ponzi schemes.

Fraud is damaging to the economy, which is why it is one of the FBI’s main focuses. The FBI expects fraud to grow in prevalence due to the rise of the internet. Because of the breadth of fraud, the FBI also conducts investigations in cooperation with other U.S. agencies such as the Securities and Exchange Commission, the U.S. Postal Inspection Service and the Internal Revenue Service.

Money Laundering

This type of crime occurs when criminals disguise income from illegal practices to make it appear as though it has come from a legitimate source. Types of crimes that money laundering is usually associated with can include:

  • Health care fraud;
  • Human trafficking;
  • Narcotics trafficking; and
  • Terrorism. 

Money laundering is a process that can be very complex and allows those who do it to avoid paying taxes and avoid prosecution. 

Are You Facing White Collar Criminal Charges?

Being formally charged or even just accused of a white collar crime can be damaging to your business and your reputation. Being found guilty of white collar crime is even worse, which is why you need to immediately contact a skilled San Jose white collar crime defense attorney if you are facing charges. The lawyers at Jachimowicz Law Group can help you fight to keep your name cleared and your reputation intact. To schedule a consultation, call our office at 408-246-5500.

Sources: 

https://www.fbi.gov/investigate/white-collar-crime

https://www.law.cornell.edu/wex/white-collar_crime

https://www.econotimes.com/What-are-the-Most-Common-White-Collar-Crimes-1412788 

https://ucr.fbi.gov/nibrs/nibrs_wcc.pdf

CALL TODAY FOR A FREE CONSULTATION

SPEAK DIRECTLY WITH OUR EXPERIENCED SAN JOSE ATTORNEYS

TOLL FREE

408-246-5500

OR

800-576-4210
Back to Top