Whether you’re innocent or you spearheaded a white-collar crime, either way, you deserve a lawyer to defend you. The goal of white-collar crimes is for personal financial gain. Although it is a non-violent crime but a lot of lives are affected by this act, thus the serious penalties. But a good white collar crime lawyer West Palm Beach can help you handle this. Here are some common white collar crimes and their consequences.
Fraud
Fraud includes securities fraud, corporate fraud, insurance fraud, and Ponzi schemes. The most controversial fraud is the Ponzi scheme where a fake enterprise is built to attract investors by promising them high-interest rate earnings in a short period of time.
Embezzlement
Embezzlement can be done in so many ways but it basically is all about stealing money or misappropriation of funds that was trusted to you by your employer. Although you’ve been given the authority to handle the money doesn’t give you the right to use it for your own personal consumption.
Identity Theft
This is one of the reasons why you should be careful in putting personal information in social media accounts, websites and many more. It has become very easy to acquire someone else’s private information and use it to access money and other financial gains.
Tax Evasion
It is committed by trying to avoid paying the right amount of taxes. This is done creatively through false information, false declaration, illegal transfer of properties and many more just to avoid tax obligations. Consequences include the following:
- Imprisonment up to 25 years or more
- Fines
- Restitution
- Community service
- Disgorgement
- Probation
- Other alternative punishment
Looking for a White Collar Crime Lawyer West Palm Beach?
Losing your case will not only affect you but also your loved ones! Don’t let your life go down the drain, hire the best White Collar Crime Lawyer West Palm Beach. Find him at David Olson Law. At David Olson Law, we take pride in passionately protecting the accused for more than 35 years. We believe that everyone has the right to have access to the best legal defense they deserve. Consult with us today so we can help you get through this difficult situation in your life.
