According to the FBI, a white-collar crime is “committed by business and government professionals … characterized by deceit, concealment, or violation of trust and are not dependent on the application or threat of physical force or violence.” Discover the different types of white-collar crimes and how Bushway & Waystack can help if you are under investigation.
Corporate fraud is prioritized by the FBI due to its severe effect on the U.S. economy. When investors lose confidence in corporations and withhold their money, the ripple effect is great. The FBI focuses on costly cases such as falsification of financial information, self-dealing by corporate insiders, and mutual hedge fund fraud.
Money laundering is characterized by one or more people transforming their proceeds into legitimate money; however, there is no capital to back up those finances. By doing so, financial institutions are compromised, and capital flows are distorted. The FBI watches for any of the following money laundering steps to occur: placement, layering, and integration.
Investment fraud falls under the Securities and Commodities Fraud category in white collar crimes. These fraudulent activities try to take advantage of investors by offering no-risk investments with guaranteed returns.
How Bushway & Waystack Can Help
Being charged with a white-collar crime is a serious accusation. This type of bad publicity can shut down companies and financially cripple people for years. If you’ve been accused of a white-collar crime, you need an attorney who can evaluate the evidence and create a promising case to present to the court.
The Bushway & Waystack attorneys were former prosecutors. This gives us an advantage in every white-collar crime case we handle because we know the routes the other side will take to try to win! If you have any questions about how we can help you, don’t hesitate to contact us immediately.