An Overview of White-Collar Crimes in Texas

Defense

Crimes come in all shapes and sizes, and one of the ways we often classify them is in the category of white-collar crimes. Although this is not a legal classification, such as felony and misdemeanor are, it is a well-known and well-accepted general category of crime. Better understanding the basics related to white-collar crimes can help you better navigate the path forward if you are facing such a charge. And if you are, it is in your best interest to consult with an experienced Waco criminal lawyer today.

White-Collar Crimes Defined

Generally, white-collar crimes refer to crimes that are both nonviolent and financially motivated. White-collar criminals tend to engage in illegal and deceptive practices with the intention of personal financial gain. The name white-collar crime harkens from the businessmen and businesswomen who are usually the perpetrators (and who were traditionally associated with wearing business suits that allow their white collars to peek out). Often, white-collar crimes are the result of a person who leverages his or her job or position within a business to partake of other people's money illegally.

The Offense

White-collar crimes are often perpetrated by people who have never committed a crime before – and may or may not be aware that what they are doing is against the law. However, it is important to note that you can be convicted of a white-collar crime even if you were not aware that your involvement was illegal. Some white-collar crimes are elaborate schemes that involve many, many victims, such as Ponzi schemes. Others, however, can be of a far smaller scale and focus, such as attempting to collect on a false insurance claim.

Embezzlement

One of the most common forms of white-collar crimes is embezzlement, and it relates to a person who uses his or her position at work to illegally obtain money from someone to whom he or she owes a duty. Embezzlement can mean, for example, an employee who pilfers company funds or a company officer who bilks clients out of their money.

Common Forms of White-Collar Crimes

There is a vast array of white-collar crimes out there, but some of the most common include:

  • Bribery

  • Property crimes

  • Counterfeiting

  • Identity theft

  • Forgery

  • Mail fraud

  • Mortgage fraud

  • Wire fraud

  • Security fraud

Regardless of the kind of white-collar crime charge you face, it is critical to understand that the penalties, fines, and social consequences associated with a conviction are serious and that proceeding with the professional legal counsel of an experienced Waco criminal lawyer on your side is in your best interest.

An Experienced Waco Criminal Lawyer Can Help

If you are facing white-collar criminal charges, Brett Pritchard at The Law Office of Brett H. Pritchard in Waco, Texas, is a formidable criminal lawyer who is committed to aggressively advocating for your case’s most favorable resolution. We are on your side, so please do not wait to contact or call at 254-501-4040 for more information about how we can help you today.

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