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Economic Crimes And The Law

Economic crimes differ from the regular image of "crime" in the minds of people.  This is because of the complete absence of violence to commit the offense.  However, they typically have far reaching consequences and are more likely to cause a monetary loss far in excess of those incurred by regular crimes.

Often categorized under the term "White Collar Crime", it differs from "Blue Collar Crime" in the social and economic positions of the offenders.  White Collar crime is typically committed by those who are well educated, and financially better off than the regular criminal.  Also, the crime is opportunistic.  This means that the offenders make use of the unique opportunities that exist specifically to them in order to perpetuate the offense. 

Another feature of Economic Crimes, is the complicated law that surrounds them.  Defense of Economic crime requires a detailed knowledge of the field, as well as the applicable law.  It is impossible to defend an Economic Crime Case without the experienced attorneys that Clawson& Clawson offers. 

The Scope Of Economic Crime

The law recognizes a myriad of crimes that come under the umbrella of Economic Crimes.  The crimes can be committed for personal gain, or for the benefit of the corporation for which one works. 

For example, Credit Card Fraud benefits the person who is directly responsible for perpetuating it, whereas something like Anti Trust violations benefit large companies.  Some of the other crimes that are covered are Counterfeiting, Bank Fraud, embezzlement, and Tax evasion. 

Punishment Of White Collar Crime

Since 2002, the punishment for White Collar crime has increased substantially.  Too substantially, most people say.  In fact, the law now makes White Collar crime a worse offense than even drug trafficking if we go by the number of years that you can be sentenced to. 

The famous case of Jamie Olis is a stark reminder of what you face if you are convicted.  Olis was awarded 24 years just for treating a loan as revenue.  What could be just an accidental slip from a CEO when he's talking to the press can attract 11 years in prison. 

White Collar Crimes are not to be taken lightly any more.  Professional help is critical, and the faster it comes, the better. 

What An Attorney Can Do

As mentioned earlier, you can't defend a White Collar Crime by yourself.  The specialized knowledge of the procedures and the relevant law makes it critical that you get an attorney as soon as you are aware that charges might be filed against you. 

Depending on the case, our attorneys can prevent charges from being filed at all.  And at all stages of the case, they will ensure that your rights are protected.  Our Clawson & Clawson, LLP, attorneys can prevent the case from ever coming to trial, and if it does, can engage the government authorities with confidence.  We can make use of the many different ways to have the charges dropped, and leave no stone unturned.  The sooner you contact our attorneys , the better chance we have of clearing your name.