New York is the global financial capital of the world, ahead of London and Hong Kong, according to a 2019 survey from consultancy firm Duff & Phelps. Financial crimes have increased in complexity over the years as technology has evolved, with ponzi schemes, insider trading, identity theft, forgery and embezzlement all falling into the category. White-collar crime is typically economically motivated and non-violent, although there are exceptions. The goal can also be to secure a personal or business advantage, a theme we saw in the 2019 college admissions scandal involving a number of Hollywood celebrities.
Financial Crimes are Real Crimes
Financial crimes are complex legal issues which often involve mountains of documentation and paperwork, and rely heavily on the defendant’s intent to commit a crime. They can vary in many respects, and may be a seemingly small part of otherwise legitimately operated businesses, such as market timing schemes or falsification of asset values. Defendants may face significant or life imprisonment or home detention, along with fines, forfeitures and restitution payments. In many cases, a business may be threatened along with individual(s).
Arkady Bukh, Esq – Top Criminal Defense Attorney
Arkady Bukh is proud to be an advocate for the accused in Brooklyn, globally recognized as a top rated criminal defense attorney, guided by principles of equal justice, diversity and inclusion. Since opening his doors in 2006, he has applied an open mind to his clients’ situations, and understands everything on the line. His goal in every case is the best possible outcome. Types of white-collar crimes Mr. Bukh handles include:
- Computer crimes
- Credit card fraud
- Identity theft
- Insurance fraud
- Mail fraud
- Health care fraud
- Medicaid and Medicare fraud
- Money laundering
- Mortgage fraud
- Perjury (lying under oath)
- Tax evasion
- Tax fraud.
White-Collar Crimes and Bail Source Hearings
Following an arrest, white-collar crimes in New York are also often subject to something called a “Bail Source Hearing,” where a judge determines if the money used for your bail was legally obtained. If a family member, friend, employer or coworker posts bail, the judge will examine that relationship. The burden of proof is then on the defendant to demonstrate bail money was not secured by criminal activity. Without this proof, the judge may keep the defendant in custody without bail, even if they can afford to post bail. Before moving around funds for bail, or having a family member do so, contact Bukh Law.
Our Promise to You
No matter what charges you are facing, at Bukh Law, we will treat you with respect and dignity. We understand the stress you are going through, and will do everything we can to keep you out of jail and return to a normal, stress-free life.
Call Today For a Free Consultation
If you’re facing arrest or indictment for a white-collar crime, a Brooklyn criminal defense attorney at Bukh Law can help you prepare and strategize your defense, negotiate a plea bargain, and protect your rights. We offer a free consultation. Call 917-724-2854 to speak with a member of our team today.