Examining The Types Of White Collar Crime

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Examining The Types of
White Collar Crime
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• White collar crime is one of the most common
  criminal charges levied against those in the
  business world. Whether you work at the lowest
  level of a company or are the CEO, you could find
  yourself at the forefront of a criminal
  investigation.
• Their Los Angeles white collar crime attorney
  would like to examine the various types of
  white-collar crime in todays post.

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Securities Fraud

• Securities fraud is one of the most common types
  of white collar crimes. This crime typically
  involves insider trading. Insider trading occurs
  when an employee of a company uses insider
  information to make trades and investments, which
  is typically a violation of duty or their
  obligation as an employee.
• Securities fraud also occurs when a person tries
  to find an investor for their company but does so
  by misstating the companys health, finances, or
  prospects. The person and some of the employees
  in the company committed securities fraud when
  they lure someone to invest in the company based
  on false pretenses.

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• Securities fraud also occurs when a person tries
  to find an investor for their company but does so
  by misstating the companys health, finances, or
  prospects.
• The person and some of the employees in the
  company committed securities fraud when they lure
  someone to invest in the company based on false
  pretenses.

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Embezzlement

• Another form of white collar crime is that of
  embezzlement. This is the act of improperly
  taking money from a person whom you owe a duty.
• The most common type of this crime occurs when an
  employee illegally takes money from their
  employer. This is most often done by funneling
  the money into a personal account.

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Money Laundering

• The definition of money laundering is filtering
  illegally obtained money, also known as dirty
  money, through various transactions so that it
  makes the money seem legitimate. Someone who
  launders money typically has to go through three
  steps to make it happen.
• These three steps include depositing the money in
  a bank account, separating the money from its
  illegal background using complex transactions,
  and then mixing the money with clean money so
  that it blends in seamlessly. The most common way
  this is done is by selling assets.

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Tax Evasion

• Tax evasion is considered a white-collar crime
  because the person is trying to avoid paying the
  taxes they owe the government. Tax evasion can
  take many forms.
• It can involve hiding assets so they are not
  taxed transferring assets, and even providing
  false information on a tax return to lessen the
  amount of money taxed. Both companies and
  individuals can commit tax evasion.

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Mortgage Fraud

• Mortgage fraud is a white-collar crime that can
  be committed by individuals and lenders.
• Lenders might offer interest rates above what is
  recommended or even offer some form of a loan
  that promises investment payments from entities
  such as the IRS. An individual can commit
  mortgage fraud by lying on their loan application.

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• White collar crime is one of the most common
  criminal charges levied against those in the
  business world. Whether you work at the lowest
  level of a company or are the CEO, you could find
  yourself at the forefront of a criminal
  investigation Contact Los Angeles white collar
  defense attorney from Okabe Haushalter, he is
  highly experienced in navigating these matters.

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Contact Okabe Haushalter

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• 1230 Rosecrans Avenue, Suite 300 Manhattan Beach,
  CA 90266
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