Alleged criminal acts of all forms can have serious consequences on the lives of Arkansas residents. Whether a crime is deemed violent or white collar, a drug offense or computer-based, it can impose serious and life-altering penalties on the person who has been charged. This post will focus on what distinguishes white collar crimes from other forms of alleged criminal conduct, but readers are reminded that criminal defense attorneys can always be consulted about pending charges.
White collar crimes tend to be financial crimes. That is to say, alleged victims will claim that the harm they have suffered at the hands of alleged white collar criminals is economic rather than physical. Whereas a victim of an assault may claim that an aggressor caused them injuries to their body, an alleged victim of a white collar crime may claim that the accused caused them to lose money or financial opportunities.
White collar crimes also tend to involve alleged deception. Charges often claim that alleged white collar criminals knowingly or intentionally misled their victims in order to enrich themselves and cause their alleged victims to suffer losses. Fraud, tax evasion, embezzlement and other types of white collar crimes involve these and other criminal elements.
White collar crimes are no less serious than physical or allegedly violent crimes. That can land individuals in jail and can subject them to serious financial penalties. They can destroy individuals’ reputations and can often be mistaken for erroneous and innocent conduct. Defense strategies can help individuals who are attempting to overcome white collar crime charges and such advice should be sought from legal professionals who work in the criminal defense field.