What Are Theft/White Collar Crimes?

There are many crimes that are considered Theft/White Collar Crimes. The biggest difference between  regular theft and  Theft/White Collar Crimes is that there is no threat of harm or bodily injury during the actual event in white collar crimes. White collar criminals use their minds and trickery, rather than violence. Many times there is no knowledge of the crime for a long period of time or it may take a long time to complete committing the crime.

Some examples of Theft/White Collar Crimes are insider trading, stock fraud, health care fraud, tax fraud, antitrust, money laundering, investment fraud and there are many more. These are the common Theft/White Collar Crimes in today’s day and age. Two common forms of Theft/White Collar Crimes today are real estate fraud, construction fraud and acquiring business through fraud.

The current state of today’s economy has a direct impact on the rise in Theft/White Collar Crimes. Many white collar people find themselves out of a job or taking a pay cut to keep their jobs. This is when hard working, good individuals can become desperate. When people are facing foreclosure on their homes they worked the last 20 years to maintain, they get desperate. When people get laid off, after putting in 13 years of service with a company and cant pay their bills with the unemployment checks, they get desperate. Desperate people do irrational things. When a person is desperate they feel like their hands are tied and their world is crumbling around them. This is when that hard working, good person becomes outraged enough to act irrationally. That one bad decision can affect the rest of your life.

If you were a hard working, good white collar person who became desperate and committed a Theft/White Collar Crimes, you need to call an attorney immediately.