Unfortunately, all sorts of crimes, including white-collar crimes, exist all over the United States. White-collar crimes are different from other types of crimes and the nature of that particular type of crime and the impact that they have on society in Hawaii is definitely something that should not be ignored.
“White-collar crime” is a term that is loosely applied to many types of non-violent crimes that are financial in nature. Typically, these happen in a workplace setting. The FBI’s white-collar crime program works to combat a wide range of offenses, including healthcare, mortgage and securities fraud, public corruption and more. Embezzlement is sometimes considered a white-collar crime, as are certain corruption charges among public officials.
What are some examples of a white-collar crime?
There are many different examples of white-collar crimes that are being committed on a regular basis. Some of the most common include:
- Falsifying financial information: The crimes in this category include false and accounting intentional misperceptions of financial conditions.
- Insider trading: The people behind insider trading inflate the profits or are not honest about the losses. They do that for personal gain. Insider trading often involves stock trading, kickbacks, abusing corporate property for personal gain and tax violations.
- Nefarious transactions: These are designed to fly under the radar in order to avoid being caught by the regulatory people.
- Money laundering: The definition of money laundering is taking “dirty” money and “cleaning” it so that it appears as though its source is legitimate. Money laundering lets criminals gather and hide their affluence, avoid being prosecuted, avoid paying taxes, increase their profits and pay for ongoing criminal activity. Some of the common sources that allow criminals to continue to launder money are financial crimes, health care fraud, human trafficking, drug trafficking and terrorism.
What can I do if I have been charged with a white-collar crime?
Being charged with a white-collar crime can destroy your career, your business and your life. It is possible that you made a mistake, whether intentional or unintentional, and it isn’t right that you should have to pay for it for the rest of your life. Having the seasoned advice of a Honolulu, Hawaii, criminal defense attorney can really make a difference to your case a great deal. Your attorney can help you to navigate the process and to understand what you will be facing while protecting your rights at the same time.