White-collar crime is called many things, but in essence it comes in two flavors - blue collar and white-collar crime. White-collar crime is almost considered by those who commit it to be a badge of honor, since it's an intricate crime of great planning. A seemingly respectable person working at a seemingly ordinary job usually perpetrates it. It could be insider trading, computer crimes or bankruptcy fraud.
Read the daily news and you'll see just how many people try and get away with bankruptcy fraud. This involves hiding some of your assets when you file for bankruptcy. The government takes a really dim view of this kind of crime.
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The government isn't thrilled with this practice largely because you get funds back from the same people you owe money to help you get back on your feet. Concealing assets or money means you're stealing and committing the criminal offense of white-collar crime.
The 21st century has brought with it a whole rash of computer crimes. The perfect almost anonymous crime perpetrated by using the Internet. The biggest crime is identity theft, causing the victim untold anguish and harm - mostly involving destroying their credit rating. This happens more often than people think and yet they still don't take the kinds of precautions they should to protect themselves from losing their identities.
Identity theft is so easy as thousands of Americans buy products online with credit cards and their information is hacked. It might only start out with the stolen card, but escalates with frightening rapidity into complete identity theft. All this with a few clicks of the mouse and you suddenly don't exist as who you are any longer.
This particular crime is perhaps the most heinous, as it happens in the blink of an eye and is a complex crime getting harder to manage thanks to rapidly advancing technology.
Others areas of white-collar crime are embezzlement, when someone takes your property without consent; bribery; larceny when someone takes another's property without payment and doesn't bring it back; extortion (blackmail) and obstruction of justice where a person gets in the way of an investigation. Many people don't realize that perjury is also a white-collar crime that happens when someone lies under oath in court.
In cases such as the ones mentioned in this article, hiring an attorney familiar with handling white-collar crime cases will help mitigate the extent of the possible punishment meted out after trial. Don't attempt to represent yourself in instances like this. It's like that saying, "He who has himself for a lawyer is a fool."
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