Los Angeles White Collar Crime Lawyer
Legal Consequences Of Financially-motivated Offenses
Having an investigation begun in your name can be one of the most frightening situations an individual can face. You may be wondering how you will ever recover if you are convicted. Will you lose your job? Will your family despise you? How will you become an active member of society again?
While these are all legitimate concerns raised by individuals accused of a white collar crime in Southern California, it is even more important to seek the answers to these questions. Fortunately, a Los Angeles white collar defense attorney from Okabe & Haushalter is highly experienced in navigating these matters. In 2015, our dedicated team secured minimum sentencing in what prosecutors called the largest public official bribery case resulting from a sting operation in U.S. history.
What Is A White Collar Crime?
A white collar crime is a nonviolent, usually financial offense that includes any of the following criminal acts:
- Fraud: Fraud is defined as any wrongful or criminal deception intended to result in personal or financial gain. Fraud is a broad concept, and most white collar crimes can be defined as a type of fraud.
- Bribery: Bribery refers to giving, soliciting, offering, or receiving any item of value with the intention of influencing the actions of another individual holding a legal or public duty.
- Embezzlement: This refers to the misappropriation of funds or assets that are placed in a person’s trust or belonging to a person’s employer.
- Extortion: This refers to the practice of obtaining assets through the use of force or threats.
- Identity theft: Identity theft refers to the fraudulent acquisition of a person’s private identifying information, usually in an attempt to gain assets through deception or theft.
- Forgery: This refers to the action of forging or producing copies of documents, banknotes, signatures, works of art, etc. for financial gain.
- Tax evasion: This refers to the intentional underpayment of taxes or the illegal non-payment of taxes.
- Insider trading: This is the illegal practice of a person trading securities to their own advantage after having access to confidential information pertaining to those securities.
- Internet and computer crime: This refers to any crime that is committed over the internet. This can include financial crimes, fraud, child pornography, harassment and stalking, and more.
- Public corruption: This refers to a breach of public trust or an abuse of a position by a federal, state, or municipal public official. This can include elected officials or un-elected officials.
- Health care fraud, including Medicare fraud and Medicaid fraud: This is defined as an action taken by any person with the intention of defrauding the health care system, particularly Medicare and Medicaid.
- Insurance fraud: Insurance fraud is defined as occurring when an individual or entity makes false or exaggerated claims in an attempt to gain compensation for injuries or losses that were not actually suffered.
- Securities fraud: This is often referred to as stock fraud or investment fraud, and is the deceptive practice that encourages investors to make purchases or sales decisions on the basis of false information.
- Federal white collar crimes: Our firm handles all types of white collar crimes, including those at the federal level. The federal criminal process is going to be different than state-level white collar crimes.
White Collar Crimes Laws & Penalties
There is no one body of law that governs and defines all white collar crimes together. While they all share a common thread (financially motivated and nonviolent), they are all found in different sections of the United States Code and are even investigated by different federal agencies such as the IRS and the U.S. Treasury. Listed below are some of the various white collar offenses and where they are found in the criminal codes:
- Fraud and False Statements: Detailed in 18 U.S.C. Chapter 47
- Tax Evasion: Detailed in 26 U.S.C. Chapter 7201 “Attempt to Evade or Defeat Tax”
- Embezzlement: Detailed in 18 U.S.C. Chapter 31 “Embezzlement and Theft”
- Extortion: Detailed in 18 U.S.C. Chapter 41 and § 872 “Extortion and Threats” and “Extortion by Officers or Employees of the United States”
- Insider Trading: Detailed in 15 U.S.C. § 78u-1 “Civil Penalties for Insider Trading”
Contact Okabe & Haushalter Today!
If you or someone you know is facing any white collar crime related investigation, your future is at stake. Your reputation and freedom will rely on your ability to hastily procure legal representation from a firm known for their ability to litigate in and out of a courtroom. Here, at our office, the legal team has years of intimate experience with the law and has been named a Los Angeles Magazine Super Lawyers for six consecutive years, from 2005 to 2010.
We have helped dozens in the Los Angeles and South Bay communities secure their future. Our criminal defense lawyers at the firm are extremely well-versed in all areas of the law, especially those pertaining to white collar crimes. When seeking exceptional legal counsel, look no further. Our team is here to help.