White Collar Crime
White collar crime is a rapidly growing area of criminal law for prosecutors throughout the United States. Following the lead of the federal Department of Justice, many states are stepping up their prosecution of these types of illegal activities, including Wisconsin. If you are a Milwaukee resident who has recently been charged with a white collar crime, such as fraud, embezzlement, or insider trading, you need the services of a dedicated and knowledgeable criminal defense lawyer. Reddin & Singer has represented numerous individuals against allegations of these offenses and has the experience and dedication you need in a legal advocate.Prosecution of White Collar Crimes
According to the Department of Justice and FBI, the prosecution of individuals for white collar crimes, including financial crimes, is a top enforcement priority in the United States. In 2013, the state of Wisconsin also announced a renewed focus on these offenses and stated that it would begin offering a special program to train state investigators and prosecutors on how to best handle them. This development means that it is all the more imperative that criminal defendants retain experienced and trusted counsel, like William J. Reddin.
The term “white collar crime” actually encompasses a wide range of similar offenses related to financial services issues and fraud. Some of them include:
- Bank fraud
- Stock fraud
- Health care fraud
- Mortgage fraud
- Insider trading
- Identity theft
These crimes generally involve deception by an individual entrusted with private information or access to the resources of another person or entity. The defendant then uses this information or access for his or her own financial gain. Thus, a white collar crime may occur when an individual uses private information to illegally trade or sell stocks, or when a bank engages in practices that manipulate the accounts or financial resources of its clients. Although this activity can be committed by anyone, it typically occurs among business professionals and executives, which has resulted in the use of the term “white collar.”
These crimes may be charged by state prosecutors under Wisconsin law, or in some circumstances by federal authorities. They typically involve extensive investigation even before charges are issued, and individuals who fear they may be targeted as a subject of investigation should consider hiring a skilled legal professional to assist them in navigating the process from its earliest stages. Careful cooperation with law enforcement can go a long way toward avoiding criminal prosecution.Protect Your Rights Against Prosecution by Consulting a Milwaukee Lawyer
The possibility of prosecution for a white collar crime threatens not only the personal freedom of a defendant, but also his or her career and reputation. The lengthy nature of these investigations and any criminal proceedings can take an enormous emotional toll on an accused person’s family and loved ones. If you suspect that you are being investigated for suspected illegal activity, it is important that you take a strong and informed approach toward protecting your rights by seeking the advice of legal counsel. William J. Reddin has over 30 years of experience as a fraud attorney representing clients throughout Milwaukee and surrounding communities. He can provide you with the legal advocacy and peace of mind that you need. For more information, contact us at (414) 271-6400 or online.