White Collar

As the plural term implies, there is no single offense referred to as “white collar crime,” and no one commits the crime of white collar. In general, white collar crime refers to offenses of a non-violent, financial nature, hence the name “white collar,” a reference to office workers dating back to the late 1930s.

“Lying, cheating, and taking what does not belong to you. That’s white collar crime in a nutshell.”.¬†While white collar crimes may not be violent, that doesn’t mean they are trivial matters in the eyes of the justice system. In fact, to quote the FBI once more:.

“It’s not a victimless crime. A single scam can destroy a company, devastate families by wiping out their life savings, or cost investors billions of dollars.”.

White collar crimes are taken very seriously by judges and juries, and a conviction of a white collar crime can lead to steep fines, prison terms, and a long-lasting or even permanent criminal record. Some white collar crimes can even be classified as felonies. If you or someone you love has been charged with committing a white collar crime, you need an experienced and aggressive white collar crimes lawyer to defend you in court.

What Crimes are Considered White Collar?

White collar crime is an umbrella term which includes many different offenses pertaining to finance. Common examples of offenses deemed “white collar” include:.

Embezzlement.
Identity Fraud.
Money Laundering.
Embezzlement.

Embezzlement is a type of property theft, but not all property theft is embezzlement. It is only embezzlement when an individual who was entrusted to manage another person’s money or property exploits their position to steal (embezzle) the resources entrusted to them for their own personal financial gain.

In Florida, embezzlement can be a misdemeanor or a felony, depending on the financial damages which resulted.

Identity Fraud.

Identity fraud, some types of personal information which can be considered targets of identity fraud include:.

Name.
D.O.B.
Phone Number.
Address.
Social Security Number (SSN).
Employee Identification Number (EIN).
Signatures.
Photographs.

An individual commits identity fraud when they attempt or use to use any of the above pieces of personal identifying information for the purpose of obtaining money, credit, goods, employment, medical information, or “any other thing of value.” Identity fraud is a felony in Florida.

Money Laundering.

Money laundering charges are handled Florida law is considered money laundering when an individual:

“… transports, receives, or acquires the property which is in fact proceeds of … unlawful activity, knowing that the property involved represents the proceeds of some form of unlawful activity.”.

Under another area of the code, it is also money laundering when an individual:.

“… conducts a transaction knowing the property involved in the transaction represents the proceeds of some form of unlawful activity.”.
Like identity fraud, money laundering is a Felony in Florida depending upon the specifics of the case.

“Professional Property Management is an area that helps keep the money laundering at bay,” said Property Management Orlando expert Kevin Wardle. Wardle is owne of Classic Florida Realty, an Orlando based property management firm with licensed, bonded and insured property managers. The penalties are severe if you or someone you love is facing allegations of committing a white collar crime. A conviction of a white collar crime could lead to thousands of dollars in restitution fines, and more than a decade serving time in prison. Don’t take any chances: schedule a consultation with a white collar crimes attorney with years of experience to represent your case.