White Collar Criminal Defense Lawyer in Chicago
If you or a family member is charged with a white collar crime, it can be a traumatizing and frustrating experience. Even if you are exonerated, the criminal charges alone could cause irreparable damage to your professional and personal reputation. In most instances, white collar criminal charges are brought against professionals and high salaried individuals.
Many of these people have spent years or decades building businesses, taking risks in order to create jobs, and, in the blink of an eye, they are confronting the prospect of all that hard work being lost.
If you are facing serious charges related to a white collar criminal offense, do not hesitate to consult an experienced and high-profile criminal defense attorney. He is ready and able to represent you during this difficult time.
Contact Arkady and his legal team today at (312) 757-2314 for advice about your situation.
What Exactly Constitutes “White Collar” Crime?
White collar crime is the term used to describe illegal activity that occurs within an office environment or “white collar” environment. These crimes are generally non-violent in nature so they tend to be treated differently by the criminal justice system.
On one hand, the white collar defendant is not accused of doing physical harm in the perpetration of the crime, and therefore when it comes to determining the sentence for such crimes the courts are less likely to put white collar criminals in the same “classification” as those that have committed acts of violence. On the other hand, white collar crimes account for $200 billion in loss each year, a number far higher than that of more “traditional” crimes such as burglary or theft. This fact prompts greater scrutiny from law enforcement and justice officials.
If you or a family member was accused of a white collar crime such as embezzlement or computer fraud, it is critically important to take action and respond immediately. The best way to improve your odds of beating the charges is by retaining the services of an experienced and aggressive Chicago criminal attorney who understands the complex issues associated with a white collar criminal case.
Common White Collar Crime – Embezzlement
One of the most common types of white collar criminal charges brought against professionals includes allegations of embezzlement. According to Illinois Statute 720 ILCS 5/16-1, embezzlement involves the taking of money from an account entrusted to an individual for purposes other than those specified by the entity entrusting the account to the individual.
For example, let’s say a large company gives a consultant access to an account to withdraw funds for their consulting fees. If the consultant then takes funds from the account for any other reason than for their consulting fee, then they could be charged with committing the crime of embezzlement.
Other common types of white collar crimes include fraud, conspiracy, money laundering, etc.
If you have been charged with a white collar crime then you will greatly benefit from the legal assistance of Chicago defense attorney.
Federal White Collar Crimes
In addition to state-based white collar crimes, there are an array of federal white collar crimes. They are the types of crimes involving fraud against the federal government such as Medicare fraud or fraudulent contracting. White collar crimes that cross state lines also fall into the federal category. White collar crimes committed within the boundaries of a single state may rise to the federal level because of several circumstances.
Examples of White Collar Crimes
Bank fraud is the use of illegal means to gather money, assets or property owned or held by financial businesses. Bank fraud also occurs when depositors’ money is stolen by someone posing as a bank or other financial institution. Normally, bank fraud applies to any action that employs a scheme as opposed to bank robbery or theft. Because of this difference, bank fraud is normally considered a white-collar crime.
Please contact a criminal lawyer to discuss the possible defense of bank fraud criminal charges.
Another example of a white collar crime is extortion. The crime of extortion is akin to an old fashioned shakedown. It is a criminal act that involves the taking of money, property or services from an individual or businesses through coercion. The actual obtainment of property or money is not required to commit a crime. Making a threat of violence that is made in connection with a promise of future violence is sufficient to commit a crime. Extortion can be a serious corporate white collar crime subject to severe punishment, as per white collar crime sentencing guidelines.
Another example of a white collar crimes includes the act of laundering money. This involves a process by which the proceeds of a crime (e.g. drug trafficking, prostitution, etc.) are converted into apparent legitimate funds or other assets. Many anti-money laundering laws openly equate money laundering with terrorism and the financing of terrorism. While issues related to money laundering have been around as long as there have been criminal enterprises, most modern anti-money laundering laws have been developed as a response to the war on drugs. Even more recently, anti-money laundering laws are seen as a response to the financial crime of terrorist financing, although money laundering deals with where the money is coming from and terrorist financing deals with where the money is headed.
White Collar Defense Attorneys and Modern White Collar Offenses
White collar criminal cases are not taken lightly by state and federal prosecutors. In fact, in many instances, they will aggressively prosecute a defendant charged with money laundering, embezzlement, etc. This is both because cyber criminals having advanced their abilities and the increased powers of the federal government for surveillance authorized pursuant to the USA Patriot Act. It is quite common for fear and the paranoia associated with terrorism to fuel the public’s desire for aggressive prosecution of white collar criminal cases.
This is why it is so important to have skilled and effective legal representation on your side. If you try to fight these charges along, you could be subjected to the full force of the state or federal government.
Charged with a White Collar Crime? Chicago Defense Lawyer Can Help
When it comes to white collar crimes, having a knowledgeable and respected Chicago criminal defense attorney by your side to provide guidance and protection can be an invaluable asset. These kinds of cases can be incredibly complex, involving multiple witnesses and exceedingly complicated financial documents.
Chicago white collar defense attorney possesses years of experience in handling these types of complex and delicate cases. He will aggressively protect your rights and defend your liberties against the allegations made against you.