White Collar Crimes
The term “white collar crime” is used to describe business-type crimes. For instance, bank fraud, health care fraud, corporate fraud, and similar crimes. These are non-violent crimes that are motivated by profit. For one to commit a white collar crime in Minnesota, it is said that they must resort to deceit, deception, concealment, breach of trust, manipulation, and illegal circumvention.
Types of White Collar Crimes
There are different types of white collar crimes. Of course, the crime committed and the severity of the offense will determine the degree of the crime and the punishment. White collar crimes include:
• Health Care Fraud – There are a variety of frauds that fall within this category. The most common include billing for services not provided, billing for more expensive services than were need or provided, duplicating claims for the same service, unbundling services in order to bill more, providing more services than what were needed, and kickbacks.
• Bank Fraud – This occurs when someone within the bank performs a deceptive transaction in order to profit. It must be proven that the individual or the bank had knowledge of this activity; otherwise it can be deemed a mistake.
• Insurance Fraud – Insurance fraud consists of such acts as pocketing policyholders’ premiums rather than applying them toward their policies, making misrepresentations (hiding the fact that the applicant has a terminal condition), and other such offenses that involve mishandling of the policies.
• Securities Fraud – This type of fraud includes market manipulation, Ponzi schemes, overstatement of fund assets, commodities fraud, foreign currency fraud, and broker embezzlement.
• Corporate Fraud – This can include falsification of financial information, manipulating stock market, options market, market timing schemes, and obstruction of justice (concealing criminal conduct).
• Forgery – This tends to be one of the most frequent white collar crimes because of forged signatures on documentation, including financial documents.
When Charged With White Collar Crime
What do you do when you have been charged with a white collar crime? The first thing you need to do is contact a white collar crime defense attorney. You must know your rights, how the legal system can work for you, and for your defense. The sooner you contact an attorney, the stronger your case will be. It is also more likely that you’ll have the outcome that you are looking for, which can include the charges being reduced or dismissed completely.
Minnesota Criminal Defense Lawyer
So call J. Anthony Torres at (612) 861-4926 for your free initial consultation. You will be one step closer to ensuring that you get the best results possible in your case through experienced and aggressive representation. Torres Law Office is conveniently located at 3960 Minnehaha Avenue South, Minneapolis, Minnesota 55406 and is easily accessible by clients from Uptown and the greater Twin Cities metro area, including Minneapolis, St. Paul, Minnetonka, Edina, Roseville, Golden Valley, Bloomington, Richfield, Eagan, Woodbury, Maplewood, Shakopee, Wayzata, Apple Valley, Chanhassen, Columbia Heights, Burnsville, Carver County, Dakota County, Hennepin County, Ramsey County, Scott County and Washington County. We handle cases throughout the state of Minnesota.