6 Most Common White-Collar Crimes in California
Far removed from the imagery of bank heists and high-speed chases, white-collar crimes are conducted in the boardroom, the accountant’s ledger, and the executive’s office—an underbelly of illicit activities where the weapons of choice are pens, not guns, and the battlefield is the world of finance. In California, white-collar offenses are taken seriously and can result in severe penalties, including imprisonment and hefty fines.
If you or someone you know is facing charges related to white-collar crimes, an Aron Law Firm criminal defense attorney can guide you through the complexities of the legal system and provide skillful representation. We have a proven track record of defending individuals against white-collar crime charges, and we are dedicated to protecting your rights.
Types of White-Collar Crimes in California
White-collar crimes are typically financially motivated offenses that do not involve violence or physical harm to others. Instead, they often revolve around deceptive practices, embezzlement, theft, and fraudulent activities in business and financial sectors. These crimes are referred to as “white collar” because they are typically committed by professionals and office workers who wear white shirts and collars.
California has its fair share of white-collar crime cases, and the following are among the most prevalent:
Embezzlement
Embezzlement occurs when someone misappropriates funds or property that have been entrusted to them. This crime often involves employees, officers, or officials who steal from their employers or organizations.
Identity Theft
Identity theft is a growing concern, involving the theft of personal information to commit fraud, such as opening unauthorized accounts or making unauthorized purchases. California has strict laws to combat this form of white-collar crime.
Fraud
Fraud is a broad category encompassing various deceptive practices, such as insurance fraud, healthcare fraud, securities fraud, and mortgage fraud. The state takes fraud seriously, and convictions can lead to severe consequences.
Insider Trading
Insider trading is an offense that involves trading stocks or securities based on non-public, confidential information. This crime is often associated with corporate executives and employees who have access to sensitive financial data.
Bribery and Corruption
Bribery and corruption involve offering, giving, or receiving something of value with the intent to influence the actions of a public official or business associate. California has stringent laws against these activities.
Money Laundering
Money laundering is the process of concealing the origins of illegally obtained money, typically by transferring it through a complex sequence of banking transfers or commercial transactions. This crime is closely tied to organized criminal activities.
Defending White-Collar Crimes in California
White-collar crimes are a serious matter in California, and the consequences can be life-altering. Under California Penal Code Section 186.11, the penalties for white-collar crimes can be severe and include lengthy prison sentences, significant fines, and restitution to victims. Damage to one’s reputation, difficulty securing employment, and other consequences may also follow.
It is essential to consult an experienced criminal defense attorney to protect your rights and build a robust defense strategy. Aron Law Firm has a proven track record of successfully defending individuals accused of white-collar crimes. We understand the complexities of these cases and can help you navigate the legal process with confidence.
Partner With an Experienced White Collar Crime Defense Attorney in California
At Aron Law Firm, our commitment to our clients is unwavering, and we will work tirelessly to protect your rights and interests. We will thoroughly investigate the charges, explore all possible defenses, and strive for the best possible outcome for your case.
If you face charges for a white-collar crime in California, having a skilled legal advocate by your side can be invaluable. Contact Aron Law Firm today to set up a confidential consultation to discuss your legal options. Call (805) 618-1768 or contact us online to get started.
EXPERTLY REVIEWED BY
William M. Aron
December 31, 2023
Former Deputy District Attorney William Aron received his Juris Doctorate from the Duke School of Law and has amassed 20 years of experience practicing law. Attorney Aron dedicates his practice to defending the accused, and is devoted to keeping his clients out of prison.
