If you’re like many people, you’ve heard of “white collar crime,” but you’re not exactly sure what it means – or you may be facing charges that fall under the umbrella of white collar crime.

What is White Collar Crime?

White collar crime refers to a number of criminal acts that are committed for financial gain and typically in a business or professional setting.

Some examples of white collar crime include:

  • Fraud
  • Forgery
  • Embezzlement
  • Tax evasion
  • Money laundering
  • Financial exploitation of the elderly
  • Identity theft

That’s not a complete list. In fact, there are many crimes that could be considered white collar crimes.

What Should You Do if You’re Accused of a White Collar Crime?

If you’re accused of committing any type of white collar crime, your best bet is to get in touch with a lawyer. An experienced white collar crime lawyer in Chicago can give you the guidance you need to get the best possible outcome in your case.

Should You Talk to Investigators?

You should never discuss any aspects of your case with investigators, law enforcement officers or detectives without consulting with your lawyer first. Even if you’re completely innocent of the charges being levied against you, it’s still a good idea to keep quiet until you’ve gotten guidance from your attorney.

What Are the Penalties for White Collar Crime?

Every crime is different, so it’s tough to nail down the penalties for white collar crime in general. However, if you are convicted, you’ll have a permanent criminal record – and in many cases, having a criminal record can make it difficult to find employment or a place to live.

Often, these types of crimes are classified according to their severity. Some white collar crimes can be very serious felonies that result in prison time if you’re convicted (which is another reason it’s so important to talk to a white collar crime attorney before you answer any questions).

Have You Been Accused of White Collar Crime?

If you’re facing criminal charges that have to do with fraud, tax evasion or any number of other crimes that fall under the “white collar” umbrella, you’ll probably want to talk to an attorney as soon as possible.

Call us at 847-920-4540 or get in touch with us online. We’ll evaluate your case and begin coming up with a strategy to defend you right away.

CategoryWhite Collar
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