Many people are unaware of the fact that debit card and credit card fraud is a form of identity theft. In other words, this is a serious crime that can have serious consequences if you are convicted.
It doesn't matter where you live, identify theft is a serious crime that entails using another person's name and personal data to make a purchase or fraudulently open an account. Identify theft has been a problem for many years, but the growth of technology and the internet have changed the way this crime is committed.
Money laundering is a crime under both New Jersey's legal system and the federal system -- because there's simply no way to be engaged in the process of creating "clean" money without being involved in a dirty crime -- like drug trafficking, arms dealing, sex trafficking or terrorism.
When you are convicted of a crime, there will obviously be legal consequences such as jail time, but there are other things that make a white collar crime conviction, in particular, dangerous to those convicted. Perhaps the two most serious dangers are the lasting effects on an individual's career and the amount of money usually involved in such cases. White collar crimes often deal with tens of thousands of dollars, meaning that a conviction could lead to serious fines or repayments.
When we use the term white collar crime, we are generally referring to financial crimes that involves cheating or swindling money away from another person or entity through deceitful means. Unfortunately the phrase white collar crime can sometimes lead people to think that they need not worry about the legal area, but the truth is that you do not necessarily have to have a white collar job in order to be facing accusations of white collar crime.
White collar crimes are serious accusations, and they should be treated as such by those who are accused of them. In an ideal world, simply being innocent would be enough to avoid concern about criminal accusations, but unfortunately courts can only make the best decisions based on the information presented to them. If your accuser presents a strong enough case against you, being innocent of the crime may not be enough to prevent you from being convicted.
Many people may not be familiar with so-called white collar crimes, but just because they are not well-known does not mean that they should be taken lightly. White-collar crimes include charges such as embezzlement or fraud, and if you are charged with such a crime, it is highly recommended that you take action in your defense as quickly as possible. Being convicted of a white-collar crime can come with steep legal penalties, and it will almost certainly have a negative impact on your career.
Joe Guidice, star of the TV show "The Real Housewives of New Jersey," was sentenced on April 2 for charges related to driver's license fraud. This is in addition to a sentence of 41 months he is already serving on other fraud charges. He will be able to serve the 18 months of his driver's license sentence concurrently with that one. Guidice was also ordered to pay $10,000, and his driver's license was suspended for two years. Both of these are the maximum punishment.
Business professionals in New Jersey may benefit from learning more about how the Federal Bureau of Investigation views and manages illicit activity synonymous to white-collar crime. The Bureau describes white-collar crime as lying, cheating, stealing and other types of fraud committed by government and business professionals. One of the most prominent and recognizable types of white-collar crime is corporate fraud. The FBI is the leading authority responsible for investigating corporate fraud and other crimes that may be related.
A former NFL Pro Bowl wide receiver and his 72-year-old mother have been indicted relating to a fraud conspiracy. New Jersey police believe that Irving Fryar, 51-years-old, and his mother conspired to steal money through fraudulent home equity loans. The two will have to defend against their white collar crime allegations in the New Jersey Superior Court.