It is often said that experience is the best teacher. Through experience we gain knowledge and insight into the process, become aware of potential pitfalls, develop strategies, and then put those strategies to the test. The law is not an exception to this maxim. When facing charges for white collar crimes the stakes are high and your freedom may be at stake, you want to know that you are being defended by someone who has a through grasp of the situation and the full-extent potential consequences. To this end the attorneys of Young, Marr, Mallis & Associates are experienced in the areas they handle having worked on thousands of cases. Our attorneys put this experience to work for you by formulating savvy legal strategies while providing steadfast defense representation.
What is Considered White-Collar Crime?
White-collar crime describes a class and type of offense rather than referring to a specific criminal act. Generally crimes of this type are considered to be schemes committed through fraud or dishonesty for financial gain. Depending on the particular offense, white-collar crimes can be charged as a state crime, a federal crime or both. Notable white-collar crimes include:
- Securities and Commodities Fraud – Schemes that float rumors or false information with the intent of causing investors to buy or sell stocks are prohibited. Further it is unlawful to make misrepresentations regarding a company’s financials. Also included under this umbrella are insider trading, stock manipulation, accountant fraud and front-running.
- Money Laundering – Money laundering involves plot or schemes by which ill-gotten gains are “laundered” or processed so that they appear to be the profits of a legitimate business. Since 1986, those charged with money laundering can face criminal sanctions.
- Insurance Fraud – Any act to fraudulently obtain a payment or benefit from an insurance company can be considered insurance fraud. Insurance fraud can involve auto insurance, healthcare, workers’ compensation, SSI or SSD benefits, Medicare or Medicaid, or unemployment insurance.
- Mail, Wire Fraud – Since 1872 it has been a federal crime to intend to advance a scheme to defraud another of money or property through the mail or by electronic transmission. A prison sentence of up to 30 years and a fine not exceeding $1 million dollars can apply. Subsequent laws have prohibited the use of the Internet for schemes and the unauthorized acces to and use of computer systems.
- Foreign Corrupt Practices Act – The FCPA makes bribes to foreign officials for the purposes of obtaining business unlawful. It also institutes accounting requirements for companies with securities listed in the United States. While one may not make payments to obtain payments, payments to expedite work may be permitted.
- Federal RICO Charges – Often referred to as racketeering, RICO provides both criminal penalties and civil causes of action. Its focus is on punishing the leader of an enterprise or operation for things that they ordered others to do. RICO charges can be particularly daunting because the prosecutor may move for a pre-trial temporary injunction to freeze the defendant’s assets.
While this list is not comprehensive, it addresses a broad-array of the white-collar crime charges an experienced Young, Marr, Mallis & Associates attorney can handle.
Experienced Litigators Defend You from the Harsh Consequences of a White-Collar Crime Conviction
As former prosecutors, we understand what prosecutors look for when pursuing a case. From this knowledge and experience we anticipate the likely course of action and formulate a legal strategy likely to protect you from the serious consequences you face. If you are facing serious white-collar crime charges, the experienced representation of a Young, Marr, Mallis & Associates attorney can improve the likelihood that you will successfully protect your reputation and your freedom. Contact us by phone today, 24 hours a day, 7 days a week, at 1-(609) 755-3115, or contact us online.