There has been a lot of white collar crime occurring within the past decade. Some of this has to do with an increase in the amount of crime that is occurring, but it also has to do with more of these cases being prosecuted. While there is a lot of attention placed on robberies, burglaries, and various types of theft, it seems theft that occurs through the use of pen, paper, and a computer didn’t get so much attention. But now this is also leading to exaggerated charges, accusations without merit, and so much more. If that is what you are facing or you fear you will be charged with a white collar crime, you need an aggressive and supportive Minneapolis white collar crime attorney working by your side.
Types Of White Collar Crimes:
The list of white collar crimes is rather lengthy, but some of the most common include the following:
- Bank fraud – This is fraud committed within a financial institution and usually refers to a transaction that has deceived a bank in order to obtain property or money.
- Health care fraud – This is fraud that involves the billing for services that were not provided, upcoding services, upcoding items, duplicating claims for one service, unbundling bills in order to maximize reimbursement, excessive services, medically unnecessary procedures, and kickbacks.
- Insurance fraud – This is fraud that involves defrauding an insurance company out of money. This can be done by those filing claims, by contractors, and even by the insurance agents and brokers. It is also considered fraud when a person applies for a life insurance policy after being diagnosed with a terminal illness.
- Corporate fraud – There are four main areas of corporate fraud: self-dealing by receiving kickbacks or manipulating stock options, falsifying financial information, and hedge fund or mutual fund fraud. Obstruction of justice also falls under this category when it deals with business.
- Securities fraud – There have been some rather notable cases in recent years involving securities fraud, as it involves High Yield Investment Fraud, Advanced Fee Schemes, Market Manipulation, Hedge Fund Fraud, Commodities Fraud, Broker Embezzlement, Foreign Currency Fraud, and much more.
Whether charged or faced with a simple accusation of a non-violent crime, you will need a Minnesota white collar crime attorney to work with you throughout the process. There are times when the prosecutor may be convinced to drop or reduce the charges. Other times, your defense will have to be aggressively argued in court in a persuasive way. However far your defense needs to go, you can count on Mark Herman, Attorney at Law to use every resource, every tool, and every strategy to achieve the best possible outcome for you.
Many crimes are classified as white collar crimes and, if convicted, could result in prison time and huge fines. A white collar crime conviction also results in the loss of the job and the inability to be hired within that industry and a number of other industries in the future. To learn how Mark Herman, Attorney at Law can help you, call 24/7 at 612-382-4545 for a free consultation.