Types of White Collar Crimes

White collar crimes are non-violent crimes that are committed for financial gain. There are several types of white collar crimes, including:

  • Bank fraud: A bank fraud describes using illegal means to obtain money or other assets held by a financial institution. It can also refer to obtaining money from people by posing as a financial institution. Some examples of bank fraud include stolen checks, check forgery, fraudulent loans, counterfeiting, identity theft, and ATM fraud.
  • Securities fraud or insider trading: This is an illegal practice in the stock or commodities market that induces an investor to buy or sell stocks or commodities based on false information. One example is the promise of a high yield investment while claiming that there is little or no risk. Insider trading is trading shares in the stock market based on information about a company that is not known by the public.
  • Wire fraud: Wire fraud describes a crime where there is a scheme to obtain money based on untrue promises. A component of the crime will include some form of electronic communications, such as a fax, email, or text, or an interstate communications facility. A pyramid scheme is an example of wire fraud.
  • Mail fraud: Mail fraud occurs when the US mail system is used in an illegal act. A common example of mail fraud is sending someone a lesser version of a product they ordered. For example, if someone orders a Versace dress online, and someone sends them a fraudulent version, that constitutes mail fraud.
  • Medicare fraud: Medicare fraud describes obtaining money from the federal government that you are not entitled to have. An example may be a doctor’s office that bills Medicare for products or services that were never completed.
  • Health care fraud: Health care fraud may involve filing claims for services that were never rendered, forging receipts or bills, or using another person’s insurance to get medical benefits.
  • Conspiracy: Conspiracy charges occur when there is an agreement between two or more people to commit a crime at some time in the future and steps are taken to make the conspiracy a reality.
  • Drug conspiracy:  In a drug conspiracy, there is an agreement between two or more people to violate a federal drug law.
  • Federal firearms offenses: Federal law regulates the purchase, possession, and use of firearms. Offenses include selling a firearm to a prohibited person, unlawfully owning a firearm, or having a firearm connected to a crime such as robbery or murder.

The Components of a Fraud Case

Defrauding an institution means that you intentionally misrepresented the facts through your words or behavior for financial gain which resulted in harm to the victim of the fraud. There are specific components to a fraud case, including:

  • Making a false statement of material fact;
  • Knowing that the statement was false;
  • Making the statement intentionally;
  • The victim believing the statement; and
  • The victim losing money or assets as a result of the statement.

In some fraud cases, such as mail fraud or wire fraud, the government does not need to prove 1) that the defendant intended to defraud or 2) that the fraud affected any victims.

A Fort Lauderdale white collar crime lawyer can help you determine what the government needs to establish to prove you guilty and then build a robust case in your defense.

Penalties for White Collar Crimes

The Florida White Collar Crime Prevention Act specifies the type of punishment you will receive if you are convicted of a white collar offense.

Common penalties include:

  • Incarceration
  • Restitution of funds to the victim
  • Forfeitures
  • Community confinement
  • Fines
  • Supervised release
  • Paying court costs and fines

Example Sentence for Wire Fraud

If you are convicted of wire fraud, you face fines and 20 years behind bars. If the fraud affected a financial institution, you face 30 years behind bars and up to $1 million in fines.

Example Sentence for Health Care Fraud

If you are convicted of health care fraud, you face 10 years behind bars. If the fraud resulted in “serious bodily injury,” you face up to 20 years behind bars. In either case, you can also face fines.

Regardless of the type of fraud, you could face a decade or more in prison and lose tens of thousands of dollars.

Fraud Charges Can Devastate Your Life

Fraud charges generally involve long and complicated investigations. The penalties can be harsh because the government takes fraud seriously. Even just one charge can be detrimental. You may lose your job and find that people are not willing to hire someone who has a fraud charge in their past.

Get Help Defending Against Your White Collar Crime Charge Today

If you have been charged with committing fraud or any other white collar crime, it can be adjudicated as a civil and criminal offense. The type of crime you allegedly committed will determine your sentence. For example, you may face lesser charges for a single instance of bank fraud than for weapons charges.

Prosecutors can charge you with a large number of offenses, so having an white collar crime attorney that can help you navigate the system is helpful. You can also face aggravated charges if this is not your first offense or if you allegedly defrauded more than one person.

Contact Our Florida White Collar Crimes Lawyer

This can be a scary experience, but you do not need to handle it alone. A lawyer can help you protect your future and your reputation. Contact a personal injury law firm in Florida from the Law Offices of Wolf & Pravato at (954) 633-8270 for a free case evaluation. We know what to do to help you defend your rights if you have been charged with a white collar crime. Do not wait to have an white collar crime lawyer in Ft. Lauderdale on your side.

AdityaWhat Are Types of White Collar Crimes?
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When you face accusations of committing a white-collar crime, you stand the risk of paying hefty fines and possibly even serving time in prison. The allegations alone can be enough to taint your reputation—perhaps even ruin your career.

Having legal counsel by your side from the moment you first sense these accusations brewing will help you immeasurably both in and outside the courtroom.

A white-collar crime lawyer in Ft. Lauderdale at the Law Offices of Wolf & Pravato will vigorously defend the rights and interests of people who have been accused of white-collar crimes. Our staff is caring, responsive, and attentive, and our legal team will ensure you understand your legal options.

Call 954-633-8270 for a free consultation.

Types of White-Collar Crime Cases We Accept

The Federal Bureau of Investigation (FBI) defines white-collar crime as “illegal acts which are characterized by deceit, concealment, or violation of trust and which are not dependent upon the application or threat of physical force or violence.”

We represent defendants who have been accused of the following types of white-collar crimes in the Ft. Lauderdale area:

  • Bank fraud
  • Securities fraud
  • Wire fraud
  • Mail fraud
  • Medicare fraud
  • Healthcare fraud
  • Conspiracy
  • Drug conspiracy
  • Federal firearms offenses

We also represent both local and federal law enforcement officers for wrongful shootings and bad conduct.

The Law Offices of Wolf & Pravato commits to giving you aggressive and results-driven legal representation. We will prepare your case with an ironclad defense, no matter what type of white-collar crime charges you face.

Devising a Strategic Defense for Your White-Collar Crime Case

Our legal team will immerse itself in researching the best defense to argue on your behalf.  State courts require that prosecutors prove a defendant’s guilt “beyond a reasonable doubt.” We will seek the right evidence to introduce that doubt.

Challenging the Prima Facie Case

We will begin by searching for evidence we can use to discredit the state’s prima facie case. Prima facie evidence is that which is considered sufficient to prove the case against you. We will look for evidence that directly and substantially contradicts this evidence.

One example of prima facie evidence is when a person is accused of writing bad checks. The evidence against the accused consists of multiple checks written on a non-existent bank account. However, if the defense proves that the bank misprinted the checks’ account number, this will likely discredit the prima facie case.

Arguing Entrapment

Sometimes, a government agent will tempt or persuade an individual to engage in criminal activity that the person otherwise would not have committed were it not for the agent’s involvement. This is called entrapment, and it is an argument with which we can challenge the prosecution’s case, where relevant.

We can start devising your defense today: 954-633-8270.

Choosing a Criminal Defense Attorney for White-Collar Crime Charges

The importance of taking care when selecting your criminal defense attorney cannot be overstated. Your attorney is your advocate in the system.

On top of being passionate about your defense, look for a white-collar crime lawyer in Ft. Lauderdale who has a background in grand jury investigations, criminal litigation, and criminal appeals. In the case of white-collar crimes, these elements of the case are particularly substantial and complex.

The complexity of white-collar cases stems from their technical and financial roots, often growing into multi-faceted financial and business transactions. The preparation for your defense and litigation will benefit from having an attorney who has worked in the areas of both criminal and business law.

A white-collar crime lawyer in Ft. Lauderdale at the Law Offices of Wolf & Pravato stands ready to preserve your constitutional rights as an accused citizen. If your rights were violated, we will take that information and run with it. We will investigate your case down to the last transaction to find any way to discredit the prosecution’s prima facie case. We will interview witnesses, devise innovative and effective defense strategies, and identify any weakness in the prosecution’s case against you.

Arguing for Reasonable Sentencing

Our commitment to you does not stop with building your case or litigating it in court. In the event that a jury finds you guilty, the United States Supreme Court entitles us, as your legal counsel, to argue for reasonable, appropriate sentencing. We will avail ourselves fully of this opportunity, which was made newly available by the United States Supreme Court in 2005, when it was decided that mandatory sentences are unconstitutional.

Call us today to get started: 954-633-8270.

Penalties for White-Collar Crime in Ft. Lauderdale

A white-collar crime conviction can result in a broad range of penalties, depending upon the nature of the crime and specific details of the case.

Possible penalties include:

  • Fines
  • Home detention
  • Community confinement
  • Paying the cost of prosecution
  • Forfeitures
  • Restitution
  • Supervised release
  • Imprisonment

Typically, the defendants charged with white-collar crimes are individuals; however, the government is entitled to also sanction corporations for these crimes.

How a White-Collar Crime Lawyer in Ft. Lauderdale Can Help Your Case

When a criminal defense attorney takes on a white-collar crime case, they must prepare to go up against government prosecutors. The prosecutors often team up with a variety of agencies to help investigate and prosecute the defendant, as these cases typically involve untangling complex transactions, then explaining them in a way juries can understand.

It is often a David-and-Goliath-type situation, and the successful criminal defense attorney must be able to do battle with good judgment, deep knowledge, an appropriate level of acumen, and unflappable confidence.

The Law Offices of Wolf & Pravato will put the skills of its legal staff to work in supporting you for an ideal outcome in your case. We will honor your concerns, carefully research the accusations against you, and execute a legal strategy stemming from our 20 years litigating in Florida courtrooms.

The Ft. Lauderdale Law Offices of Wolf & Pravato Can Represent You

A white-collar crime charge and conviction can hurt you in many serious ways. Do not leave your freedom and your reputation to chance. We can stand by your side and see you through this accusation and on to better days. Call the Law Offices of Wolf & Pravato at 954-633-8270 for a free case review.

Eric RosadoWhite Collar Crime Lawyer in Ft. Lauderdale
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