The term white collar crime refers to a large range of criminal activity and is contrasted with many other crimes in New Jersey that require the use of force such as assault charges, or those crimes associated with drugs. White collar crimes often deal with monetary assets such as those associated with insider trading, embezzlement, money laundering, and identity theft. According to a paper published by the U.S. Department of Justice, Federal Bureau of Investigation, Criminal Justice Information Services (CJIS) Division, the Bureau has defined white-collar crime as illegal acts, which are characterized by deceit, concealment, or violation of trust but are not violent in nature. White-collar crimes are prosecuted both at the state level and federally. As white-collar crimes typically allege some form of deceit or statement that induced another, it is crucial to a case that there is documentary evidence. This further distinguishes white-collar crimes from other crimes you may be more familiar with. There is a common misconception that white-collar crimes are “victimless.” To the contrary, white-collar crimes can destroy families, business, and individuals.
Examples of white-collar crimes:
- Contractor fraud
- Theft by deception
- Real estate fraud
- Bank fraud
- Mortgage fraud
- Internet crimes, including fraudulent sales and computer fraud
- Employee theft
- Credit card fraud
- Identity theft
- Medicare and Medicaid fraud
- Insurance fraud
- Stock fraud
- Money laundering
Our attorneys have helped clients avoid criminal charges and conviction by engaging in aggressive investigations and negotiations. Our white collar crime defense attorneys use every legal tool at our disposal to help our clients. If you have been arrested, charged with, or are currently under investigation for a white collar crime.
What Are the Penalties for Committing a White Collar Crime?
There is an incredible range of criminal acts, which are considered to be white collar crimes. New Jersey lists approximately forty crimes that constitute white-collar crimes. This does not include any federal charges that may be filed against a person. It can carry serious penalties such as prison time, probation, restitution, and monetary fines.
Any accusation of a white-collar crime is a serious matter with very serious and long-lasting consequences. If you have received a subpoena or have been formally charged with a white-collar crime, you need to take every possible step and precaution to protect your rights.
Federal White Collar Crimes in New Jersey
While New Jersey has codified many acts as white collar crimes, the Federal Government has also codified many acts and considers them as white collar crimes. The Federal Government regulates and prosecutes white collar crimes through select federal agencies such as:
- The Internal Revenue Service
- Securities and Exchange Commission
- The FBI
- Secret Service
- S Customs
- The Environmental Protection Agency
Federal White Collar crimes include:
- Federal Securities Fraud
- Insider trading
- Computer and Internet Fraud
- Credit Card Fraud
- Phone and Telemarketing fraud
- Mile and Wire Fraud
- Tax Evasion
- Trade Secret Theft
- Bankruptcy Fraud
- Healthcare Fraud
- Insurance Fraud
- Financial Fraud
- Government Fraud
- Corporate Kickbacks
- Money Laundering
These crimes and activities are aggressively prosecuted and pursued by both the state and federal agencies.
Get the Experience of an Atlantic City White Collar Crime Defense Attorney
At the Law Offices of John J. Zarych, we understand the complex laws and requirements related to tax offenses. With more than 40 years of combined experience in criminal defense, our tax evasion and tax fraud attorneys know how the Internal Revenue Service (IRS) and the Department of Justice build a case against a taxpayer. Therefore, we are also experienced in crafting an appropriate defense to combat the charges the taxpayer faces. Our lawyers represent both individuals and businesses accused of such crimes throughout New Jersey. If you are facing serious civil or criminal tax charges, our experienced and strategic tax lawyers can stand up to the IRS or DOJ and fight for you.
Contact us today for a free consultation. We are available seven days a week, including holidays.