Common Misunderstandings Regarding White-Collar Crimes in Utah

 Posted on December 08, 2022 in Theft

 You have probably heard of the term “white-collar crime.” These crimes are generally non-violent, financially motivated, and involve unlawful access or stealing confidential financial information for personal gain. These crimes may include insurance fraud, identity theft, money laundering, embezzlement, or other deceptive business practices. While it is true that these crimes are non-violent offenses, that does not mean they are non-serious offenses.

Being convicted of a white-collar crime can tremendously affect one’s life and career. Such offenses can carry substantial fines and prison time. If you have been charged with a white-collar crime, understand that you could be at serious risk, even if you think you are not guilty. To protect yourself legally and pursue a favorable outcome in your case, consult with a knowledgeable white-collar crime attorney who can ensure your rights are protected and work with you to try to clear your name of the charges brought forth against you.

Understanding the Complexity of White-Collar Crime 

Many people incorrectly believe that just because a crime is non-violent, the offense is nothing to worry about. Unfortunately, this is not the case. White-collar crimes can be highly complex due to their foundation in financial wrongdoing. As a result, investigations into white-collar crimes can be very long and drawn-out, since state and federal law enforcement often will work to create a “paper trail” of evidence. In other white-collar crime cases, the authorities may already have much evidence before you are even arrested. In any event, if you think you are the subject of a white-collar crime investigation, you must seek legal counsel immediately.

Myths Regarding White-Collar Crimes

Numerous myths are thrown around when it comes to white-collar crime. Aside from the assertion that white-collar crimes are not severe, other myths include the following: 

• White-Collar lawbreakers are always wealthy – This is false. This myth may relate to the fact that many white-collar crimes are high-profile cases where someone in the financial sector defrauded others of millions or even billions of dollars. However, you do not need to be rich and well-known to be arrested, charged, and convicted of a white-collar offense. For example, if you work as a cashier and decide one day to begin skimming money out of the register after every shift, this is an example of a white-collar crime.

• White-Collar crimes never serve serious prison sentences – This, too, is false. White-collar offenses may carry decades in prison. It primarily depends on how much money is involved in the case and how many people were adversely affected by the offense.

Contact a Salt Lake City White-Collar Crimes Attorney 

White-collar crimes tend to be complex and require a commensurately competent criminal defense. To put yourself in the best position to get acquitted of such charges, contact the highly knowledgeable Davis County white-collar crimes lawyers with Collins Rupp, P.C.. Contact [phone]] today for a free consultation.

Source:

https://www.washingtonpost.com/outlook/five-myths/five-myths-about-white-collar-crime/2017/11/03/5793fb3a-be6e-11e7-97d9-bdab5a0ab381_story.html