White Collar Crime

WHAT IS WHITE COLLAR CRIME?

White collar crime generally refers to financially motivated non-violent crime committed by individuals, businesses and government professionals. Predominately, white collar crime is prosecuted in federal court, but the Davidson County District Attorney’s Office as well as other district attorney’s offices have white collar crime units.

 

WHITE COLLAR CRIMES

In federal court white collar crime consists mainly of:

  • theft
  • fraud
  • mail fraud
  • wire fraud
  • racketeering

 

Racketeering generally refers to organized criminal activity designed in a manner to form a substantial business.

 

OTHER WHITE COLLAR CRIMES INCLUDE:

  • money laundering
  • medical care fraud
  • tax evasion

 

Both state and federal prosecutors actively prosecute money laundering cases. Money laundering generally refers to the process of concealing the origins of money obtained illegally by passing it through banking or commercial transactions.

 

Both federal and state prosecutors also actively pursue criminal and civil forfeiture proceedings against defendants. Forfeiture proceedings can be part of a criminal indictment or part of a separate civil action and primarily involves the seizure of assets including money, property and personal items that prosecutors believe were used or derived from illegal activity.

 

In addition, white collar crime can also refer to criminal tax activity. Both state and federal tax cases are often accompanied by asset seizures.

 

Hagan & Todd has extensive experience in defending individuals charged with white collar crimes and civil forfeiture actions. Hagan & Todd often utilizes experts in the fields of forensic accounting and banking to defend clients charged in white collar crimes.