- White collar theft
- Money laundering
- Tax evasion
- Intellectual property fraud
- Organized crime
- Sarbanes-Oxley Act violations
Embezzlement/Fraud is the abuse of trust in a relationship that involves the stealing of funds or property entrusted to an individual as a part of his/her job. Plans are often included to cover-up the act and divert accountability if the act is discovered.
White Collar Theft
This involves the intentional taking of property or money without consent from the owner. This may include the taking of public property in order to use it for personal gain. Theft does not require the victim to be present during the crime. The penalty for theft can range from a misdemeanor to a felony depending on the circumstances of the individual case.
The act of money laundering is the disguising of the illegal origins of large sums of money which are reintroduced into legal financial systems through legitimate investments and businesses. The term “laundering” is the process by which offenders are able to use the money obtained through illegal means without having any connection to the criminal activities that it came from.
If you have been charged with extortion, then it is believed that you have taken property or money from someone else by means of the threat of physical harm or another form of intimidation if the victim does not comply with your wishes.
Tax evasion can be committed on behalf of a business or relating to the offender’s own personal finances. It involves the fraudulent and intentional avoidance of paying federal or state taxes. This often includes exaggerated deductions and exemptions, questionable tax shelter practices and underreporting income.
Intellectual Property Fraud
Intellectual property fraud relates to copyright, trademark, patent and trade secret violations. The counterfeiting of any works that are protected under the laws relating to products produced by someone else are all forms of copyright violation or pirating crimes.
Organized crime describes the actions of structured groups of individuals who benefit from illegal actions. The more common forms of organized crime relate to:
- Drug trafficking
Organized crime is usually carried out by groups that have a stable history and have practiced their business (legal or illegal) for a number of years. They also have social or political protection and may use violence while conducting business.
Sarbanes-Oxley Act Violations
Violation of the Sarbanes-Oxley Act involves corporate fraud and deceitful accounting practices. Due to an overwhelming amount of corporations involved in these violations, the Sarbanes-Oxley Act was put into place to protect corporate investors as well as the economy.
White collar crimes cover a wide range of offenses which are punishable by severe charges. Most of these criminal offenses are punishable at the federal level and require extensive fines and prison time if the offender is convicted. The Cochran Firm Criminal Defense attorneys are exceptionally talented and aggressive in defending clients who have been wrongly accused.
Please call or email The Cochran Firm Criminal Defense attorneys today if you have been charged with a white collar crime. With offices in Maryland and Virginia, our fraud lawyers are able to assist you locally.