What Does a New York White Collar Crime Attorney Do? 2024

White collar crimes are largely financially motivated and often perpetrated by those with extensive financial knowledge relevant to the financial industry. These crimes are often nonviolent, but the consequences of white collar offenses can be far-reaching and devastating. If you are ever accused of or charged with a white-collar crime, you may ask yourself, “What does a New York white collar crime attorney do?”

What Does a New York White Collar Crime Attorney Do?

When dealing with a white collar crime charge, you may want to seek out the guidance and legal assistance of a white collar crime attorney who can help you weigh your options and determine the most effective way to handle your case. A white collar crime attorney can help you in multiple ways, including the following:

• Experience: A solid white collar crime attorney will bring a wealth of experience to your case. You should find someone who has handled cases similar to yours in the past. White collar crimes can be especially complex, thanks to their connection to the financial world. The more experience your attorney has with these kinds of cases, the better they will likely be to handle your case.
• Solid Track Record: When you retain the services of a white collar crime attorney, you should look for someone with an impressive track record of victories. After all, you’ll want a lawyer who, above all, can win your case. You’ll have a better chance of success if you hire a lawyer who has succeeded in similar cases in the past.
• Optimism: The right attitude can make or break your case. It is important that you have an optimistic outlook, but it is even more important that your lawyer do the same. A good white collar crime lawyer stays positive, even in the face of adversity. A positive attitude can make all the difference when trying to fight charges that could change your life for the worse.
• Honesty: While positivity is important, transparency is also crucial. Your lawyer should be honest with you about your chances of success. If those chances appear slim, you’ll want a lawyer who will do everything in their power to overcome any obstacles. Your lawyer should be someone you can trust. Knowing all possible outcomes from the start helps protect you from being blindsided later on.
• Financial Knowledge: White collar crimes deal largely with the complexities of the financial community. When facing charges related to financial crimes, you should retain a lawyer who understands how that world works.

White collar crime lawyers bring a wealth of financial knowledge to your case, allowing them to better understand how to defend you. Every case is unique, which means your attorney should have the knowledge to be able to tailor your defense to your circumstances.

Types of White Collar Crime

Types of white collar crime include bribery, fraud, and insider trading, among many others. Insider trading involves using insider secrets to illegally make money from the stock market. For example, someone with secret knowledge of an imminent business merger might make illegal trades.

Fraud is defined as deceiving others for financial gain. Healthcare fraud may involve billing insurance companies for services that were never provided.

Someone commits bribery when they pay another person in exchange for performing certain actions for their benefit. For instance, a politician may be bribed to pass legislation that benefits a certain company.

FAQs

Q: What Is the Most Common White Collar Crime?

A: There are many different common white collar crimes that occur in New York. One of the most frequently committed is fraud. Fraud is the act of committing unlawful and deceptive activities with the intent of seeking financial gain. This can include corporate fraud, mortgage fraud, insurance fraud, mail fraud, wire fraud, and many other kinds of fraud that all seek to deceive someone.

Q: What Is Considered a White Collar Crime?

A: A white collar crime is considered any financially motivated crime that is largely nonviolent. It is perpetrated by someone with financial knowledge for the sole purpose of exploiting financial loopholes or illegally increasing their finances. There are many different kinds of white collar crimes, all of which seek to aid the alleged perpetrator in deceiving an individual or organization financially. Identity theft, fraud, embezzlement, and money laundering are common examples.

Q: Are White Collar Crimes Felonies in New York?

A: White collar crimes may be charged as felonies, which are more serious than misdemeanors. However, there are different classes of felonies. A Class C felony is more serious and will result in more severe penalties than a Class E felony. The classification of any offense will depend on a number of factors, such as the amount of money involved.

Q: What Are the Consequences of White Collar Crime?

A: The consequences of white collar crime can vary from case to case, depending on the amount of money involved and the specific type of offense. White collar crime penalties can range from misdemeanor to felony consequences, depending on the case at hand. When it comes to personal consequences, a white collar crime conviction can permanently tarnish your reputation in the financial world. It can affect your business relationships, your social standing, and your finances.

Reach Out to an Experienced White Collar Crime Lawyer Today

Facing white collar crime charges can feel overwhelming, especially if you have not retained experienced legal counsel for your case. You might be feeling alone and stressed. Thankfully, you do not have to handle your case alone. The legal team at The Vitaliano Law Firm can help you weigh your options and identify the most effective way to respond to the charges against you.

Our team can help you assess your case, launch our own investigation, gather the evidence that supports your innocence, and represent your interests throughout this entire process. White collar crime may be nonviolent, but the consequences can be life-altering for you and your family. It is vital that you protect yourself. Contact us to speak with a valued team member and schedule a consultation as soon as you can.