The term “white collar crime” is noted in news accounts with increased frequency these days, especially regarding stories focused upon alleged acts of fraud.

An online overview of white collar crime stresses that, although criminal wrongdoing under that heading encompasses a wide universe of possibilities, the category in general pertains to “crime committed through deceit and motivated by financial gain.”

That makes white collar crime at once a complex realm within criminal law, given that money-related crimes often feature alleged subterfuge at the highest level, with attempts to shield financial wrongdoing through the use of complex accounting schemes, computer assists, third-party collusion and other manipulative strategies.

Although some of our readers across Michigan might reasonably assume that law enforcers deemphasize white collar crime in lieu of expending their energies and resources investigating more “traditional” types of criminal conduct (for example, drug crimes, firearm offenses and sexual assaults), that is actually not true.

In fact, white collar criminal probes are top-tier investigative concerns for state and federal task forces, with considerable amounts of resources allocated to such efforts.

As such, prosecutors often seek harsh penalties when a criminal charge is brought against a suspect.

Any representative list of white collar crimes is a truly lengthy and broad-based compilation that centrally includes things like the following:

  • Tax evasion and other money-related crimes probed by the IRS
  • Securities fraud (e.g., Ponzi schemes and insider trading) Internet fraud (any fraud committed through use of a computer)
  • Money laundering
  • Mortgage fraud
  • Embezzlement

Fraud-related criminal charges are flatly serious matters. Any individual who is targeted in a fraud-based investigation might reasonably want to secure the assistance of a proven criminal defense attorney without delay.