Any type of criminal charge is sure to have serious, far-reaching consequences on assorted aspects of the defendant’s life. Even white-collar crime on the federal or state level can result in major life changes, especially if a conviction occurs. As a result, swift action is wise for those facing federal crimes or white-collar crime in Pennsylvania.
Unfortunately, many business professionals are not as familiar with white-collar crimes as they should be. As such, they may unknowingly engage in unethical or illegal activities. Below, you will find several examples of common white-collar crimes, which could result in state and/or federal charges.
- Securities fraud (e.g. insider trading)
- Insurance and Medicaid fraud
- Mortgage fraud
- Business scams (e.g. Ponzi schemes)
- Money laundering
- Forging of documents
- Stealing another party’s intellectual property (e.g. copyright infringement)
- Tax evasion
- Embezzlement, extortion and larceny
Upon conviction of federal crimes or white-collar crime, defendants could face an array of penalties such as imprisonment and significant fines. However, creating a successful criminal defense is not out of the question. With proper legal counsel from a dedicated professional, defendants have a fair chance of overcoming the charges they face.
If you are looking at criminal charges related to federal crimes and/or white-collar crime, it is vital to take immediate action by seeking a qualified evaluation of your case. During your attorney consultation, ask your lawyer to explain the charges you face in as much detail as possible. Your initial evaluation is also a good time to ask about possible defense strategies that could lead to a favorable outcome. Giving the matter prompt attention is one of the best ways to improve your odds of overcoming your predicament.
