Even if you were just handling someone else’s money with the best intentions, things might not always work out as you want them to.
White collar crimes happen in financial activities when there is an allegation of fraudulent taking. If you’re facing white collar crime charges, it’s in your interest to know what these are, what you can do about them, and how an Oklahoma City white collar crime lawyer can help protect your future.
What Are White Collar Crimes?
Unlike DUI, sex crimes, or violent crimes, Oklahoma law does not explicitly define what a white collar crime is. However, it’s generally understood to refer to crimes that involve financial or commercial activity, and they typically occur in business or corporate settings, hence, the term “white collar crime.”
Two elements they all have in common are theft and fraud.
Theft is generally characterized by the unlawful taking of someone else’s property with an intent to deprive that person of their property. Fraud, on the other hand, can be committed through misrepresentations, false promises, or any other form of deceit that may either induce a person to give their property or prevent them from finding out about the theft.
What Are the Penalties for White Collar Crimes?
As with all crimes, white collar crimes are punished with imprisonment, fines, and reparations to the injured party.
Since different crimes can be defined as white collar, the exact penalty for white collar crimes would depend on the exact offense committed.
Additionally, depending on the amount of financial damage, you could be facing charges at either the state or the federal level.
What Are the Consequences of Being Convicted for White Collar Crimes?
If you’re convicted of a white collar crime, the consequences can be disastrous. Not only do you have to deal with lengthy imprisonment, but you will also be ordered to pay the amount you were convicted for taking.
The payment may also be ordered with interest, meaning the more you will ultimately have to pay, the longer the case goes on.
That is why it’s crucial to get in touch with a white collar crime lawyer as soon as possible so you can quickly build your case and evaluate all your available options.
Additionally, a conviction for a white collar crime can make it harder to find jobs in the future. Employers will be less willing to take you on if they find out that you have a conviction for a white collar crime.
How a White Collar Crime Lawyer Can Help You
We understand that facing white collar crime charges does not always mean you fraudulently took someone else’s property. Sometimes, and especially in corporate settings, you could just be at the wrong place at the wrong time, and suddenly, you’re looking at potential years in prison.
It doesn’t have to happen to you. At AMA Law, our experienced Oklahoma City white collar crime lawyers can vigorously defend you in court and ensure your interests are represented to the fullest extent possible.
Call us now at 405-708-7789 to schedule a free consultation and let us talk about how we can proceed with your case. You can also get in touch by filling out the contact form on this page.