If you are here because you are facing white collar crime charges, please understand that you need to take them seriously. While many people only hear about these crimes on TV, they are real and they have serious consequences.
At the SMT Legal, our qualified and experienced team is ready to help defend you against these charges. We will work to investigate all aspects of your case so we can get your charges reduced or dismissed. Today, we want to review what these crimes are and their potential penalties. When you need a white collar crimes attorney, call us today.
Do Not Take This Lightly
You will not find the term “white collar crime” in any state or federal statutes. Many people do not completely understand what that means. A white collar crime is typically a crime that involves stealing money or other property from a company or organization. In most cases, the crime is committed by a person who has an important position within the company or organization.
The most common white collar crime is embezzlement a type of theft. In Pennsylvania law, we typically see these crimes show up as:
- Theft by deception
- Theft by extortion
- Theft of services
White collar crimes can also include the following:
- Insurance fraud
- Mortgage fraud
- Identity theft
- RICO and racketeering charges
- Tax fraud and tax evasion
- Computer crimes
- Bank fraud
- Credit card fraud
- Access fraud
- Real estate fraud
- Mail and wire fraud
As with other theft charges in Pennsylvania, the penalties vary widely and depend on the value of what has been taken. All of these crimes will fall into the categories below:
- Summary Offense: up to 90 days in jail and a $300 fine
- Third Degree Misdemeanor: up to one year in jail and a $2,000 fine
- Second Degree Misdemeanor: up to two years in jail and a $5,000 fine
- First Degree Misdemeanor: up to five years in jail and a $10,000 fine
- Third Degree Felony: up to seven years in prison and a $15,000 fine
- Second Degree Felony: up to 10 years in prison and a $25,000 fine
In many cases, these charges can become federal offenses as well, leaving a suspect defending themselves in two separate cases with the possibility of two sentences. Please know those federal sentencing guidelines have little room for movement when it comes to prison time.
When You Need Help, We Are Here
If you or someone you love are facing charges related to one of the crimes discussed above, please secure legal assistance immediately. It is important that you speak with an attorney BEFORE you speak to prosecutors or law enforcement.