The Hobbs Act 18 U.S. Code § 1951 has been in existence since 1946, but many people aren't even aware that it exists until they've been charged with a crime under the act.
Fraud is a broad category that can encompass many different crimes. The key point that ties them all together is that a person willfully tried to deceive another person for their own gain. While fraud is typically handled in the same manner regardless of what type of assets are involved, it is generally categorized by that fact.
As the date for some extensions on income tax returns draws near, it is imperative that anyone who needs to file understands an important point about filing. You must have your income tax form in the mail by October 15. Failing to file a tax return could lead to some serious problems for you.
White collar crimes usually involve felony charges that can come with severe consequences. Many involve the potential for paying fines and/or spending time in prison. Some people who are convicted of this type of crime might have to repay the victims for the damages of the crime. This is known as restitution.
Many people don't realize that you can't just copy things that are already written. It is easy to do this, even inadvertently, so it is necessary to be very careful when you are doing any type of writing. This includes slogans for marketing campaigns and similar business matters.
Publicly traded company employees have to uphold a certain standard when they are dealing with information that could be used to make decisions about the purchase or sale of stocks. It is possible that some people might be accused of insider trading if they act on confidential information.
There are many different forms of white collar crimes that a person might be charged with. One of these, the Ponzi scheme, was brought into the spotlight when Bernie Madoff was charged. Many investors are now concerned about this type of situation happening to them because it can take their hard-earned money away from them. For this reason, people who are handling investments for others must be especially careful to behave ethically.
White collar crime charges are challenging to face because there are many different aspects of these cases to work through. In many instances, the paper trail is considerable. It might show one story that is completely different from the truth in the case. This possibility has to be considered as a factor in the defense strategy you choose to use.
Many people think that all white collar crimes involve some intricate plan, but this might not be the case. There are some cases in which these criminal matters are fairly simple. There are a few points that anyone who is trying to learn more about these crimes should know.
Some white collar crimes don't occur in person. Instead, they happen online. This doesn't make them any less serious. Facing any white collar crime, regardless of the location of the crime, requires that you learn about your defense options.