Those accused of white collar crimes are typically people in professions with access to significant sums of money. It’s not uncommon for innocent people to suffer allegations if the money goes missing. In some cases, people may be trying to hide their own actions. In others, people may simply be desperate to assign blame for failed investments or downturns in the economy. White collar crimes charges independent of guilt can destroy your reputation and end your career.

The name may deceive you. White collar crimes may be largely non-violent, yet they still carry significant criminal penalties. White collar crimes are a broad category of charges encompassing many financial crimes, including:

Credit card fraud may be committed by an individual or by a group. Credit card fraud charges can be filed against anyone suspected of utilizing an improperly-procured credit card. This could be through the theft of a credit card or by using someone’s card without their permission. People accused of operating credit card skimmers may face credit card fraud charges. Credit card fraud may be committed with a physical credit card or through details gleaned from an internet source or corporate database.

Money laundering is the attempt to disguise illegitimate earnings as legitimate. Money laundering charges may be filed against those suspected of concealing illegal funds through:

Creative banking solutions

Investing in real estate

Trading in precious metals

Investing in cryptocurrency

International trade deals

Loans and gifts to family and friends

State and federal officials working to stop money laundering operations can make mistakes. If you’ve been accused of money laundering in Arizona, contact the attorney’s at Tait & Hall and start preparing your defense.

There are many other types of fraud which can be prosecuted as white collar crimes. These include, but are not limited to:

Insurance fraud. Those accused of falsifying insurance documents may be charged with insurance fraud.

Mortgage fraud. Suspected falsification of loan documents can lead to criminal charges of mortgage fraud.

Securities fraud. Illegal actions on the securities and commodities markets can result in charges of securities fraud.

In Arizona, someone can be charged with identity theft if they are suspected to have:

Engaged in phishing scams, hacking, or other online activity which acquired, or aimed to acquire, the personal details of others.

Posed as another person to commit a crime, avoid prosecution, gain access to their personal information and more.

Forgery of checks, applications, and other documentation.

In the State of Arizona, you may be charged with identity theft if suspected of these and other crimes. Identity theft charges can carry debilitating criminal penalties for those convicted.

Often, people accused of financial crimes may be unaware crimes are taking place. Employees may be unwitting accomplices to white collar crimes, while others commit white collar crimes through no act of malice, but through a simple error or omission. In other cases, people knowingly commit white collar crimes out of desperation as a means to save themselves or their families from financial ruin. If you’ve been accused of a financial crime, that doesn’t make you a criminal, but it does mean you’ll need to respond to those charges aggressively. Contact white collar defense attorneys at Tait & Hall and start preparing your defense today.