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Two Most Common Types of White Collar Crimes

When it comes to white collar crimes, it’s important to remember three things: People dislike being taken advantage, hate being lied to and despise having their money stolen from them. Anybody who ever said that white collar crimes are victimless and less important in the eyes of the law obviously never read the statutes or spoke to anyone who has faced prosecution for such offenses. Although a while collar offender might not be brutalizing someone or holding them at gunpoint, they can still have a severely negative impact on their victims’ lives. Some of the most common and egregious forms of white collar crime include:

Embezzlement/Employee Theft

Whether it’s taking a little off the top when nobody’s looking or devising an elaborate scheme to rob their company blind, it’s surprising how many people think they can get away with stealing from their employer. Data from the National White Collar Crime Center indicates that embezzlement and employee theft is responsible for 30-50 percent of all business failures and and accounts for losses of up to 90 billion dollars annually. If you don’t think law enforcement is seeking to crack down on these crimes and help companies recoup these losses, think again.

Tax Evasion

Nobody likes paying taxes, but most of us acknowledge they’re a fact of life and, however grudgingly, kick up to Uncle Sam every April. Tax evasion can range from simply filing tax forms with false information to illegally transferring property so as to avoid tax obligations. Individuals, as well as businesses, can commit criminal tax evasion and wind up serving years of prison time and paying thousands of dollars in fines.

Whatever white collar charge you’re facing, it’s important to remember that your victims won’t just look the other way. You need an experienced and qualified criminal defense attorney to represent you.

Rudnick, Addonizio, Pappa & Casazza has defended many clients against high-level white collar crime charges. We understand the value of proactive case management in such cases and work diligently to seek the best possible outcome for each of our valued clients. Contact our Ocean, Middlesex and Monmouth County white collar crime attorneys today. To schedule a free consultation with an experienced criminal defense attorney at our firm, call or fill out our online contact form.

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