If you have been accused of committing a white-collar crime, you need to react carefully in order to protect your interests. As a defendant, you should never underestimate the possible ramifications of a felony white-collar crime conviction. The term white-collar crime describes an array of charges like government procurement fraud, embezzlement, healthcare fraud, bribery, conspiracy, perjury, money laundering, and tax fraud.
The reason that the term white-collar crime is used to describe these actions is because it is typically white-collar professionals who are targeted with these allegations. White-collar crime offenses can be extremely complicated and have a serious impact on an accused person’s future. You should never assume that you can competently handle a white-collar crime allegation on your own. Only a lawyer will possess the experience and skills necessary to craft a strong defense against these charges.
The majority of white-collar criminal investigations that lead to indictment are considered federal crimes. There can be professional, legal, personal consequences associated with a conviction. The federal restitution amounts and prison sentences linked to white-collar crimes are usually much more severe than what similar charges would carry in state and local courts. It is essential that you work with an attorney who is knowledgeable about sentencing and defense strategies specifically related to white-collar crimes. Contact a criminal defense attorney as soon as possible so that you are clear about your rights and the most appropriate steps to take after you have been charged.