The Most Common White Collar Crimes

Do you know what a white collar crime is? Many people have heard the term, but not all are clear on what it means. A while collar crime is defined as one in which the perpetrator achieves financial gain through illegal activity. White collar crimes are committed by people in all walks of life, but these crimes are most prevalent among those in the business industry.

The most common white collar crimes committed today include:

Antitrust Violations

An antitrust violation occurs when corporations attempt to monopolize a market or trade. These violations may involve:

• Price fixing
• Collusive bidding
• Tying agreements in which a customer makes a purchase and must agree, as part of that purchase, to not buy the same or a similar product from a competitor
• Boycotting that involves a financial loss for the company being boycotted
• Exclusive dealing in which a product or service is made unavailable to one or a group of companies

Federal Securities Fraud

Federal securities fraud involves a director, principal shareholder or officer of a company. That person, or group of persons, attempts or completes practices that result in theft. Examples include:

• Failure to provide accurate financial information
• Theft from a securities, investment or depository account
• Wire fraud

Insider Trading

An individual is accused of insider trading when they use confidential company information to make stock purchases that are favorable to themselves.

Fraud

There are a variety of types of fraud that may be committed by individuals or businesses. Examples of the most common types of fraud include:

• Computer or Internet fraud
• Credit card fraud
• Phone and telemarketing fraud
• Mail and wire fraud
• Bankruptcy fraud
• Healthcare fraud
• Insurance fraud
• Financial fraud
• Government fraud

Tax Evasion

Tax evasion occurs when a person or company purposely conceals monies earned in an attempt to pay fewer or no taxes to the federal or state government.

These are only a sampling of some of the most common white collar crimes in Florida today. If you have been accused of any of these, you need the experience of a criminal defense attorney. Reach out to a member of our team today for a free case evaluation. We will review the details of your charges and advise you of your options. Call us now or browse our website for more information about our firm.