Being accused of fraud, embezzlement, or another white-collar criminal offense can have severe consequences. Although white-collar crimes are not violent, they carry significant penalties like fines and prison time. Having an experienced attorney in your corner is essential when facing an allegation for a white-collar crime.
White-collar crimes often involve complex financial issues. A Waldorf white-collar lawyer understands the laws and procedures governing your offense and can advise you on the best possible way to mitigate the charges. If you face charges for a white-collar crime like insider trading, embezzlement, or fraud, speak to legal counsel as soon as possible about your options.
Common White Collar Crimes in Waldorf
Generally, white-collar crimes are financial offenses committed in the business, professional, or governmental context. A local attorney can defend against various state and federal white-collar criminal charges, including:
- Mortgage fraud
- Securities fraud
- Medicare and Medicaid fraud
- Check, credit card, or wire fraud
- Public corruption
- Insider trading
- Money laundering
White-collar crimes are criminal acts that are usually financially related. These allegations can range in severity from minor credit card fraud to insider trading schemes and racketeering. The most common white-collar crimes are check and credit card fraud cases. However, these offenses can also include large-scale financial schemes that may be charged federally. In addition to prison time and significant financial penalties, those convicted of white-collar offenses could lose their jobs, security clearance, and other statuses.
Jurisdiction in White Collar Criminal Cases
Depending on the specifics of the offense, a white-collar crime could fall under state or federal jurisdiction. If the case falls under federal jurisdiction, it could be due to the amount of money involved or because the offense crossed over state lines. Ultimately, the prosecutors have discretion over whether a particular offense should be charged at the state level or referred to federal officials.
The federal sentencing guidelines for white-collar crimes involve heavy financial penalties. Moreover, the federal government has more resources than the state government to investigate large-scale white-collar offenses. When a white-collar case is federal, large corporations and government agencies are often involved, and the investigation could take significantly longer due to the complex financial issues and types of evidence presented.
Federal prosecutors will accept a referral if they feel the case is serious enough and believe it is in the community’s best interest to move it to federal court. While federal judges have much discretion regarding sentencing, white-collar crimes generally carry heavy penalties. In any case, retaining a Waldorf white-collar defense attorney is crucial.
Speak to a Waldorf White Collar Lawyer Today
Whether you were charged federally or at the state level, a Waldorf white-collar lawyer is prepared to defend your case. Working with legal counsel is essential when facing these charges, as they can be legally complex.
The Law Office of Hassan B. Ahmed, LLC is experienced in handling these cases and could work with forensic accountants and private investigators to challenge the allegations against you. Do not hesitate to contact our firm and schedule a consultation to discuss your legal rights if you were accused of a financial crime or believe you are under investigation.