How Do I Know If I Have Committed a White-Collar Crime?

There is a wide array of crimes that you could potentially be charged for, and many of these different crimes fall under different categories. One category of crimes is a white-collar crime. These types of crimes involve some sort of deceit, dishonesty or theft in order to achieve financial gain or security.

What Are the Different Types of White Collar Crimes?

  • Fraud: Many white-collar crimes are considered fraudulent crimes. Fraud is a very general type of crime that involves deceiving a person or entity in order to have monetary gain. Securities fraud (fraud involving the trading of assets) and insurance fraud (scheming around insurance policies) are the main types of white collar frauds.
  • Embezzlement: This type of white collar crime involves the act of improperly stealing money from someone to whom you owed some type of job or duty. A common example of this is when a company employee embezzles money from his or her employer in order to place it in his or her personal bank account.
  • Tax Evasion: Criminal tax evasion occurs when someone attempts to avoid taxes that they owe to the IRS. Filing tax forms with false information or illegally transferring property to avoid paying taxes are two common ways to commit tax evasion.
  • Money Laundering: This is a criminal act involving the filtering of illegally obtained money through various forms of transaction in order to fool others. This crime involves depositing money into a bank, then separating the money illegally through complex transactions, and then finally integrating this illegal money through the purchase or sale of other assets.

White-collar crimes consist of many individual crimes that can result in jail time, fees, and a criminal record. Our criminal defense firm can support you through court proceedings if you have been charged with a white-collar crime. Contact us today so we can get started on your criminal case.

What Is the Difference Between Larceny and Theft?

When it comes to criminal law, there are many different terms in reference to the type of crime you might have committed. All of these different terms can be confusing, and sometimes people might be wondering what they all really mean in legal terms. Two criminal terms that often get confused with one another are larceny and theft. There is a slight difference between these two types of crimes, and it’s important that you know these differences if you are charged with one of them.

What Is Larceny?

Larceny is actually a type of theft. It involves a person taking property such as goods or money without the owner’s permission or consent for personal use. There are two types of larceny: petty and grand larceny. Petty larceny is a misdemeanor crime where an individual takes property valued at a small amount. Grand larceny, however, includes stealing property at a much higher value. In general, you can define larceny as the stealing of personal property such as items, jewelry, or money just with the intent of having the item for themselves. Larceny would not involve seizing other property such as real estate.

What Is Theft?

Theft is the taking of property from an individual without permission or consent with the intent to use or sell. For example, a person who steals an item from a store and then attempts to sell this item later has committed theft. Theft can also be seen as more of a generic term involving all property crimes, including larceny. It can also be divided into petty and grand thefts. Unlike larceny, however, theft can involve many different types, such as robbery, identity theft, burglary, embezzlement, fraud, etc.

If you believe that you have committed larceny or theft, our criminal attorneys at Garcia, Schnayerson & Thompson will help defend you in criminal court. Contact us today for a free consultation.