White collar crime is a broad category of offenses committed by professionals in business or government positions. In Arizona, these crimes are taken seriously and can carry hefty penalties. If you or someone you know is accused of a white collar crime in Arizona, it is crucial to understand the laws, potential punishments, and available defenses.
What Are White Collar Crimes?
White collar crimes are non-violent offenses motivated by profit or other financial gain. These types of crimes are typically committed by people in positions of power and involve some form of deception, fraud, trust violation, or manipulation of a system.
Examples of white collar crimes include:
- Money laundering
- Insider trading
- Tax evasion
- Credit card or identity theft
- Securities or insurance fraud
Penalties for White Collar Crimes in Arizona
White collar crimes are often prosecuted at the federal level, and receiving a conviction for this type of crime can severely limit your future opportunities or land you in jail. The penalties for these crimes in Arizona vary depending on the severity of the offense and the amount of money involved. Misdemeanor convictions for white collar crimes may result in up to a year of jail time, while felony charges can carry much longer prison sentences.
Generally, white collar crimes are classified as felonies in Arizona and can carry significant prison sentences. Additionally, offenders may be required to pay hefty fines, restitution, and court costs.
Defenses to White Collar Crimes in Arizona
If you or someone you know is accused of a white collar crime in Arizona, it is essential to understand the potential defenses. Defendants may be able to argue that the crime was committed without intent to defraud or that the defendant reasonably believed that the information was true or that the transaction was legitimate. Additionally, defendants may be able to argue that the evidence was obtained unlawfully or that the defendant was entrapped.
It is important to note that each case is unique, and the available defenses will depend on the facts of the case. An experienced criminal defense attorney can help you understand the potential defenses and develop a strategy for your case.
What to Do if You’re Facing Charges For a White Collar Crime in Arizona
White collar crimes are taken seriously in Arizona and can carry significant penalties. If you or someone you know is accused of a white collar crime, an experienced criminal defense attorney can help you understand the charges against you and prepare the best possible defense for your case. At Grabb & Durando, we have decades of experience, and our lawyers are equipped with the knowledge, skills, and resources to fight for you.