Have You Been Charged With A White-Collar Crime?

The phrase "white-collar crime" was coined around 1939 and refers to the white collars worn by business executives accused of nonviolent, financially motivated crimes. A number of criminal offenses in Arkansas can be considered while-collar crimes. Penalties for financial crimes include prison terms, fines and restitution.

At the Law Firm, our attorneys begin working on your case the moment you retain us. We investigate the facts, research the law and go to court prepared with powerful arguments and evidence.

Examples Of White-Collar Crimes

White-collar crimes often are federal offenses. They share at least one common trait: deception is used to steal money.

  • Money laundering involves moving and concealing criminal revenues.
  • Bribery can be by direct means (giving cash in exchange for favorable treatment) or indirect means (for example, arranging a no-interest loan in exchange for preferential treatment).
  • Tax evasion is among the most common white-collar crimes.
  • Insurance fraud can involve filing a false claim or inflating the value of an insured loss.
  • Wire, Internet or mail fraud is often charged as an additional count on top of the underlying fraud. For example, if you file a false insurance claim over the Internet, you can be charged with multiple offenses.
  • Embezzlement is the fraudulent conversion of another person's property by a person who is in a position of trust, such as a bookkeeper.

Criminal Penalties For White-Collar Offenses

The penalties depend on how much money was involved. Did the offender pocket a few transactions or funnel millions to a dummy corporation? Since these are often federal crimes, there generally is jail time involved, along with fines and restitution.

There are also consequences beyond jail time and fines — the damage to your family and to your professional reputation.

Get The Advocacy You Need

At the Law Firm in Little Rock, our lawyers are available 24/7 to help you or a loved one in your time of need. Contact us today through our website or at 501-375-0900.

Hablamos español.