Little Rock White Collar Crimes Attorney

Embezzlement

Embezzlement is more than a legal term for stealing, although in practice, that’s what it boils down to. It happens when the person who is charged with the crime also has the responsibility of overseeing the money involved. It is worth pointing out that there are cases where embezzlement charges can actually be an honest mistake. An example might be a business owner inadvertently blurring the lines between their business funds and personal funds and being reported by their partner. The problem is still a serious one, but not necessarily criminal, if intent cannot be proven by prosecutors. 

Healthcare Fraud

The insurance industry is complicated, as are the government programs that cover people’s medical expenses. A person might be accused of attempts to defraud either a private insurer or a government agency through overbilling. If the excess funds end up in one’s personal accounts, then healthcare fraud charges might end up linked to embezzlement charges. 

Money Laundering

Criminal organizations need to find a way to make their money “clean”, so increased funds in bank accounts and stock portfolios don’t arouse the suspicion of investigators. The process by which this is done is called laundering—turning what was dirty into something clean.  It can be very easy for an innocent person to become swept up in a money laundering case. The tactics for making money clean are usually multi-layered and often involve people who are completely unaware of what they are involved in. 

It's imperative that these people and all who are charged with money laundering be represented by an experienced Little Rock white collar crimes attorney. 

What Are The Penalties For White Collar Crimes?

The potential sentences that come with white collar crimes can include lengthy prison terms, particularly given the possibility that prosecutors might try to multiple crimes together. The above examples are ones that could easily be intertwined, meaning someone convicted could face sentences on all three. Other white collar crimes include mortgage fraud, identity theft, and a whole lot more. 

Defenses For White Collar Crimes

In Arkansas, there are legal defenses available to those accused of committing white collar crimes that can include:

• The defendant was not aware of the criminal activity: A defendant who can prove they were unaware of criminal activity taking place may be pardoned from charges related to the crime.
• Necessity or Duress: If an individual was forced into partaking in a crime through coercion or fear for their safety, this defense could be applied.
• Entrapment: This refers to when law enforcement officers initiate an illegal activity and cause the accused party to participate.
• Mistake or Ignorance of Law: This defense applies if the defendant had no concept that what they did was illegal at the time of the crime.
• Lack of Intent: This can also apply if an individual was unaware that what they did was illegal at the time it transpired and did not intend to commit a crime until after it occurred.

Ultimately, if you are facing charges for a white collar crime in the state of Arkansas, it is important to consult with an experienced white collar crime lawyer, such as Omar F. Greene, who will aggressively defend you and your rights.