White collar crimes may lead to lengthy prison sentences in Georgia. These charges tend to involve financial violations rather than violent actions. While those who carry out crimes like embezzlement or fraud might not cause physical harm, prosecutors will pursue charges against them aggressively.
If you currently face any allegations of similar offenses, you will need to find an experienced attorney who can protect your rights. An Atlanta white collar crimes lawyer will work with you to build a defense strategy.
Embezzlement
This offense is sometimes called theft by conversion. Those who commit embezzlement will convert another person’s assets to themselves, often in violation of their fiduciary duties to another person or a company. An example may include an employee who is responsible for putting money in the bank but who takes some of the cash for themselves.
The penalties for embezzlement will vary depending on the value of the property involved. Prosecutors in Atlanta can try this white collar crime as a misdemeanor or a felony. Felony charges come with much harsher sentences that may include up to ten years of confinement.
Money Laundering
O.C.G.A. Section 7-1-912 defines the crime of money laundering. This crime occurs when a person who obtains money illegally works to conceal the fund’s origins by using financial transactions. Depending on the financial institutions involved, the crime might be a federal offense with the possibility of decades in prison.
Securities Fraud
Sometimes, individuals may refer to this crime as insider trading. Georgia law prohibits individuals from using an unfair advantage to gain money on investments or selling securities.
An example would be a corporate executive trading in their own stocks based on information they know about significant events inside their company. Not only is this white collar crime illegal in Georgia, but there are federal laws that also prohibit this conduct.
Identity Fraud
Identity fraud or identity theft involves one person using another person’s identity, personal documents, and information without the other person’s consent. An example would include a person using another individual’s information to take out a loan. Convictions can lead to between one and ten years in prison.
Other Similar Offenses
Other offenses may fall into this area of law, including forgery, bribery, and computer crimes. White collar crimes are often technical and complex. It is wise to find an experienced Atlanta criminal defense lawyer who understands all the financial intricacies of the charges.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.