Financial crimes, commonly referred to as white collar crimes, pose a more serious threat to your future than you may realize.
Utah’s current legal climate compels the rigorous pursuit of financial crimes, conviction of which frequently leads to significant fines, prison sentences and hefty restitution payments. Most convicted white collar criminals also must register in a public database.
Before you attempt to fight fraud, embezzlement or other financial crimes charges on your own, it’s important that you understand exactly what may be in store for you.
What Is Financial or White Collar Crime?
Financial crimes are any fraudulent manipulation of financial assets.
Credit card fraud, forgery, insurance fraud, embezzlement and securities fraud are some of the most common types of financial crimes reported today. But white collar crime charges also can include fraud perpetuated by email or over the internet, identity theft, money laundering, extortion and bribery.
Financial predators also are considered to be white collar criminals, especially those who exploit the vulnerabilities of others for their own personal gain.
Utah’s Financial Fraud Division Practices Aggressive Pursuit
Financial crimes can result in significant harm to individuals and the community. As we learned from the outcomes of the Enron scandal and other large-scale examples, these offenses even can compromise the global economic structure.
Today, prosecutors tend to treat every potential example of financial crime, no matter the size or scope, as though it were the next Enron. And this approach can destroy the lives of innocent people, when no financial gain even was involved.
The Utah Attorney General’s office has gone to great lengths to ensure that prosecutors pursue most financial fraud with felony charges, which carry stiff penalties and prison time. Most convictions also require that you register on Utah’s white collar crime registry.
Contact an Experienced White Collar Crimes Attorney Immediately
Many alleged financial crimes perpetrators believe they can clear their own name by being honest and cooperative with prosecutors. That mistaken perception can, unfortunately, land you in big trouble.
Because today’s social and political climate focuses a harsh lens on corporate financial offenses and business-related fraud, you may be convicted anyway, even if you’ve committed no crime.
Contacting an experienced criminal defense attorney is the best course of action for proving your innocence and clearing up any questions. Our legal team has extensive experience developing sound strategies for defending against charges such as bank fraud, wire fraud, conversion and related matters.
We will advise you of your rights under the law and perform exhaustive research to build a successful criminal defense on your behalf.
Serving clients throughout Northern Utah, the Law Offices of David Paul White & Associates has an impressive history of defending clients who have been accused of white collar crime. We have convenient office locations in Salt Lake City, St. George and Murray, Utah.
Contact us today to learn more about protecting yourself in the wake of financial crimes charges.