White Collar Crimes

The term “white collar crime” is used to describe business-type crimes. For instance, bank fraud, health care fraud, corporate fraud, and similar crimes. These are on-violent crimes that are motivated by profit. For one to commit a white collar crime in Minnesota, it is said that they must resort to deceit, deception, concealment, breach of trust, manipulation, and illegal circumvention.

When you have been accused or charged of such a crime, it is important to immediately contact a Minnesota white collar crimes defense lawyer. Even if you are guilty of the crime, it is important that you have a quality defense because you could have a better result than if you simply pleaded guilty to the crime and paid the consequences. This is something that can be on your record for the rest of your life, making it difficult to obtain a new job in the future.

Types Of White Collar Crimes

There are different types of white collar crimes. Of course, the crime committed and the severity of the offense will determine the degree of the crime and the punishment. White collar crimes include:

  • Health Care Fraud – There are a variety of frauds that fall within this category. The most common include billing for services not provided, billing for more expensive services than were provided, duplicating claims for the same service, unbundling services in order to bill more, providing more services than what were needed, and kickbacks.
  • Bank Fraud – This occurs when someone within the bank performs a deceptive transaction in order to profit. It must be proven that the individual or the bank had knowledge of this activity, otherwise it can be deemed a mistake.
  • Insurance Fraud – Insurance fraud consists of such acts as pocketing policyholders’ premiums rather than applying them toward their policies, making misrepresentations (hiding the fact that the applicant has a terminal condition), and other such offenses that involve mishandling of the policies.
  • Securities Fraud – This type of fraud includes market manipulation, Ponzi schemes, overstatement of fund assets, commodities fraud, foreign currency fraud, and broker embezzlement.
  • Corporate Fraud – This can include falsification of financial information, manipulating stock options, market timing schemes, and obstruction of justice (concealing criminal conduct).
  • Forgery – This tends to be one of the most frequent white collar crime because of forged signatures on documentation, including financial documents.

When Charged With White Collar Crime

What do you do when you have been charged with a white collar crime? The first thing you need to do is contact a white collar crimes defense attorney. You must know your rights, how the legal system can work for you, and your defense. The sooner you contact an attorney, the stronger your case will be. It is also more likely that you’ll have the outcome that you are looking for, which can include the charges being reduced or dismissed completely.

Minnesota Criminal Defense Lawyer

Go ahead and pick up the phone today to obtain a Minneapolis white collar crimes defense lawyer who knows how to use the legal system to work in your favor. You need experienced and aggressive representation. So call Torres, DeGree and Associates at (612) 861-5003 for your free initial consultation and be one step closer to the best outcome you can receive.