Types of White Collar Crimes:
- Embezzlement - the taking of someone’s property by a person with whom it is entrusted.
- Bribery - occurs when someone gives or takes a bribe.
- Larceny – involves taking someone’s property without paying for or returning it.
- Extortion – also known as blackmail.
- Fraud – this often includes but is not limited to health care fraud and tax fraud.
- Medicare/Medicaid Fraud - Fraud in the billing of the government for Medicare or Medicaid reimbursement.
- Price Fixing – an agreement between two parties to set prices for a certain product, thereby violating free market operations.
- Racketeering – the extortion of money by force or a pattern of criminal activity committed to further the interests of a criminal syndicate.
- Computer Fraud – using a computer to commit a crime.
- Obstruction of Justice – interfering with the criminal process by impeding an investigation.
- Perjury – lying while under oath in a judicial proceeding
Prosecution of White Collar Crimes
White collar crimes can be prosecuted by the State of North Carolina or at federal level, depending on whether a state or federal law was broken. If convicted, these crimes usually result in jail time, large fines, and restitution to the victims of the crime.
For people who have been victimized by white collar crime, hiring a white collar criminal attorney is often helpful when attempting to recover monies lost.