For some reason, people tend to think the white-collar crime isn’t as serious as other crimes. Because they’re usually seen as victimless crimes, people don’t realize the damage that white-collar criminals can do.
The law doesn’t feel this way. The penalties for white-collar crimes in Connecticut are very stiff. If you’re convicted of a white-collar crime, you may face as much jail time as any other criminal.
Some of the most common white-collar crimes in Connecticut are:
- Money laundering
- Tax evasion
They may all sound similar, but these crimes are all very different. Yes, they all involve money in some way. But that is where the similarities end.
Criminal lawyer in Connecticut represent hundreds of clients convicted of white-collar crimes every year. If you’ve been charged with any of these crimes, you should call and speak with a Connecticut criminal defense attorney right away.
Criminal Defense Lawyers Understand the Difference Between Embezzlement and Fraud
People who are charged with the crimes of embezzlement and fraud could be facing significant jail time. It’s important to have a criminal defense lawyer in Connecticut so you can have a hope of getting your charges reduced or dismissed. A good defense lawyer can be the difference between jail time and probation.
Embezzlement is one of the most common types of white-collar crime in Connecticut. It’s essentially when someone steals money from their company or employer. Most defendants manage to move money around for months or years before their crime is detected.
Some common examples of embezzlement include:
- Attorneys who transfer funds from a client’s fund to their own bank account
- A contractor or plumber who bills their employers for fake jobs
- A CEO who pays himself artificial bonuses or commissions
Some of the penalties for embezzlement in Connecticut include:
- If you’ve embezzled less than $500 in cash or property, you’ll face up to 3 months in jail and a fine of up to $500
- If you took between $500-$1,000 you’ll face up to 6 months in jail and fines of up to $1,000
- Embezzlement of $1,000-$2,000 carries fines of up to $2,000 and up to one year in jail
- If you take $2,000 -$10,000 your sentence could range from 1 to 5 years in jail and face fines of up to $5,000
- Any embezzlement over $20,000 can land you in prison for up to 20 years and you’ll be paying fines up to $15,000
The offense of fraud is similar to embezzlement. However, you don’t have to defraud your employer to be charged with fraud. You can be charged with fraud if you deceive someone for any financial gain.
One of the most common types of fraud is securities fraud or insider training. If you have knowledge of certain stocks and act on that information, you could be charged with insider training.
Your Connecticut Criminal Defense Attorney Can Defend Your Against Charges of Money Laundering
Money laundering is the act of taking money you made illegally and funneling it through some legitimate business. The goal is to hide the fact that you’ve made your money illegally.
A lot of money laundering cases involve drugs, gun sales or some other illegal activity. You may make thousands of dollars selling drugs and then use that money to buy property. You then sell the property in order to make your profit.
Money laundering isn’t always easy to detect. If you’ve been charged with money laundering, chances are, the State has some pretty damning evidence. Your Connecticut criminal defense lawyer will have to work hard to get your charges reduced or dismissed.
Contact a Connecticut Criminal Defense Attorney if You’ve Been Charged With any White-Collar Crime
If you’ve been charged with any of the above crimes, or you’ve been charged with tax evasion, you need a lawyer. Call and speak with a Connecticut criminal defense attorney today to discuss your case.
For embezzlement and fraud, the State is usually filing charges on behalf of the person you stole from or deceived. Even if that person decides to drop the charges, the state still has the right to pursue the crime.
Your attorney will speak with the prosecutor and try to get the charges dismissed. If this isn’t possible, he can discuss the possibility of a plea deal to get the charges reduced.
Call and schedule your initial consultation with a Connecticut criminal defense attorney today.