Most residents in Pennsylvania have heard references to white collar crime but may not always understand what types of acts fall under this label. The term refers to a range of things involving lying, stealing and cheating. White collar crimes involve professional people operating in their professional arena. Alleged lawyer malpractice or any other form of professional malpractice can be an example. Anything that can be classified as fraud, essentially, can be considered a form of white collar crime.
With today’s sophisticated and increasingly easy-to-use technology so prevalent, it is not uncommon to see headlines about white collar crimes such as identity theft or Ponzi schemes. However, many people can find themselves accused of a white collar crime simply by being in the wrong place at the wrong time. It is also possible for an employer to convince an employee to unwittingly participate in shady dealings, especially if the person accused is kept in the dark about what’s really going on. Unfortunately, this may lead to innocent people in Philadelphia being charged with a serious crime.
White collar crime is often a complex matter, and if you are facing charges, you will need strong legal representation to avoid serious consequences. At Rubin, Glickman, Steinberg & Gifford, P.C., we have protected the rights of numerous Pennsylvania clients accused of a broad spectrum of white collar crimes. We understand that a conviction can come with repercussions that seem unduly harsh.
In Pennsylvania, committing any type of fraudulent activity that is connected to using a credit card is against the law. According to the Pennsylvania Legislature, a person may be considered guilty of credit card fraud if the credit card:
Identity theft is a crime which authorities in Pennsylvania take very seriously. However, penalties vary depending on the value of the stolen property. For example, according to the Pennsylvania General Assembly, if the total value of stolen property is $2,000 or more, it is considered a third-degree felony punishable by up to $15,000 in fines and seven years in prison on the state level. Identity theft crimes will also be considered a felony in the third degree, regardless of the value of the property, if the actions were part of a criminal conspiracy.
Strict adherence to accounting procedures and guidelines contributes to a large portion of any Pennsylvania business’ success. When one member of an accounting team fails to abide by proper accounting principles and engage in accounting fraud, that person not only compromises him or herself, but the business’ profitability and reputation.
When Pennsylvanians are suspected of fraud, they sometimes take drastic actions to hide their behavior. In some severe cases, their mistakes change the lives of their spouses, children, and extended family members. However, it is important for Pennsylvanians to remember that everyone is innocent until proven guilty; even if someone appears to be covering up his mistakes, he may not have committed fraud or any other type of white collar crime.
When employees in Pennsylvania and other states are given access to a significant amount of money, it can be tempting for them to steal some of it for themselves, hoping that no one will notice. However, most companies and organizations routinely audit their financial information for signs of fraud and other forms of white collar crime, and people who steal funds from their employer are often caught.
As Labor Day approaches, people throughout Pennsylvania are anticipating the return of football season. Whether your preference is pro football or college football, there will plenty of money made between now and end of the year. When tax time returns in 2014, the IRS will undoubtedly be looking for those who have misrepresented their income on tax returns.
A number of our prior posts have focused on law enforcement's efforts to stem gun crimes in Philadelphia and southeastern Pennsylvania. These crimes are commonly related to drug crimes, racketeering and other white collar crimes. In the last week, several alleged mobsters in Philadelphia have received lengthy prison sentences.