Are White Collar Crimes Felonies?

White collar crime sounds harmless — a person in business attire committing some kind of indiscretion that may end up with them being fired but won’t have a lasting effect on anyone else. This is wrong. White collar crime is treated very seriously and often prosecuted by the government resulting in long prison sentences and […]

How does White Collar Crime Affect Society?

White collar crime creates the mental image of men in business suits doing something illegal and reaping the benefits of that action. Most people assume white collar crime is something that “just happens”and that the effects of it are seldom felt by the average person. However, white collar crimes vary in number and degree and […]

What Is the Most Common Punishment for White Collar Crime?

What happens when someone is convicted of a white collar crime? As is the case with many criminal prosecutions, the answer to “what is the most common punishment for white collar crime?” is, “It depends on the circumstances.” Now, in the most general sense, if someone was convicted of a white collar crime, then they […]

Is Tax Evasion a White Collar Crime?

I’ve been accused of tax evasion. What should I do? No matter what you’ve been accused of, the most important thing you can do in order to protect your constitutional rights, including the potential for fines, probation, or even prison, is to secure a criminal defense attorney.  Your criminal defense attorney’s job, of course, is […]

Is Identity Theft a White Collar Crime?

What is identity theft? The law defines identity theft as a crime where a person’s identifying information — their personal information such as a social security number or their financial information, like a credit card number or bank account information — is stolen with the intent to commit fraudulent purchases and transactions in the alleged victim’s […]

​​What Happens If I Don’t Report My Business Income? 

Owning a business comes with many rewards as well as many responsibilities. Come April and one of these responsibilities include filing an annual income tax return. This non-revenue generating administrative aspect of your business might be mundane, but there are major legal and financial consequences if you neglect to file your taxes. Failure to file […]

How Does Having A Business Operating Agreement Protect Me During Times of Conflict?

Establishing a new business is a strategic and intentional process. In order to be successful, the operational responsibilities of the business shouldn’t be undermined by the enthusiasm of starting a new company. By this, we mean having a solid foundation for how your business is run will not only set you up for future success […]

What Is Bankruptcy Fraud?

Federal bankruptcy proceedings provide a framework for those who are heavily burdened by debt to get financial relief. There are honest and legitimate reasons as to why someone might need their slate wiped clean. However, in the United States, about 10 percent of bankruptcy filings involve fraudulent claims. Read on to learn how someone might […]

Help! What Should I Do If My Business Partner Is Involved in Criminal Activity? 

When things go sour in a business partnership, you might have the urge to walk away and never look back. It’s a situation no one wants to find themselves in, but it happens quite often – someone you once trusted financially, in business and in life, is now betraying you and the empire you created […]

Defense 101: Accused of A White Collar Crime? Do This!

Have you been accused of a white collar crime? Don’t panic! Do this instead. Believe it or not, the concept of white collar crime has only been around for 80 years.  White collar crime is typically categorized by actions that are non-violent in nature, and are most closely associated with alleged perpetrators who come from […]