White-Collar Crimes in New Jersey | What to Know

White-collar crimes are often committed by high-profile individuals. Additionally, they are often depicted in TV and movies. In reality, white-collar crimes are committed every day, and they can have serious repercussions. Read on to learn more about white-collar crimes in New Jersey and what to do if you are facing charges.

What are Common White-Collar Crimes?

Many crimes fall under the category of “white-collar” crimes. Generally, these crimes are non-violent and involve theft. The most common white-collar crimes include:

• Ponzi schemes: A form of fraud where people pay into a nonexistent enterprise, believing it will succeed and they will receive quick returns on their investment. This is also known as a pyramid scheme. 
• Extortion: When one party uses a secret or information to threaten another party. This individual trades silence for money.
• Embezzlement: When an individual misappropriates assets with which they have been trusted.
• Corporate fraud: When information is falsified so a company can save or make money.
• Bankruptcy fraud: When individuals or businesses face debts they are unable to pay, it can lead them to file for bankruptcy. If certain documents and information are hidden from the bankruptcy court during this time, it is considered fraud. 
• Tax evasion: Failing to pay your taxes, either on purpose or by accident, is a common crime.

What are the Penalties of a White-Collar Crime in New Jersey?

Many people believe that white-collar crimes do not have serious consequences. This is certainly not the case. If you are convicted of a white-collar crime in New Jersey, you can face the following:

• Home detention
• Forfeitures
• Restitution
• Community confinement
• Heavy fines
• Supervised release
• Imprisonment

What do I do if I am Facing Charges for a White-Collar Crime in New Jersey?

White-collar crimes can follow you throughout your life. If you are facing charges, you should reach out to an experienced criminal defense attorney as soon as possible. The sooner you reach out, the sooner your attorney can begin mounting your defense.

Contact our firm today. Our team of dedicated attorneys will explore all possible avenues of defense and work tirelessly to have your charges reduced or dropped.

CONTACT OUR FIRM

Kevin T. Conway is an experienced Bergen County criminal attorney handling DUI, DWI, traffic violations, violent crimes, sex crimes, illegal gun possession, shoplifting, and juvenile crimes. Attorney Conway is also experienced in commercial law matters, zoning law, and estate planning. If you need an aggressive criminal lawyer, contact The Law Office of Kevin T. Conway for a free consultation.