Various Types of White Collar Crime
White collar crime refers to various types of crime commonly associated with the business world. The following is a list of some of the most common types of white collar crime:
- Bank fraud. Brank fraud is a type of fraud specifically committed against a banking institution. It could involve fraudulent checks or loans, or certain types of mortgage fraud.
- Bankruptcy fraud. If you file for bankruptcy but lie to creditors or various bankruptcy officials about how much debt you have or the value of your assets, you could be found guilty of bankruptcy fraud.
- Bribery. This is the practice of attempting to influence others by offering money or property. It can be considered a bribe even if the money or property does not change hands, so long as there is the promise of reward.
- Counterfeiting. Copying money or merchandise and passing off those copies as being genuine constitutes counterfeiting. Counterfeiting money is a particularly serious offense.
- Embezzlement. In an embezzlement case, the person committing the crime is typically someone who has been trusted with money and converts that money for their own personal use.
- Extortion. A person guilty of extortion is someone who has taken money from another person by the use of force or the threat of force.
- Forgery. A person who manipulates official written documents for the purposes of monetary gain is guilty of forgery.
- Laundering. Money laundering is the process of running money that was obtained through illegal business practices through a legitimate business so that it is converted into clean, usable cash.
- Tax evasion. If you do not file accurate tax returns or do not report income on tax returns, you could be guilty of tax evasions.
For more information on the types of white collar crime or if you’re facing charges, speak with skilled Berks County criminal defense attorney David R. Eshelman.