McCoy Law Firm | White Collar

White Collar Crimes: Fraud

One major category of white collar crimes includes those offenses that involve fraud. Fraud is generally defined as some deceitful practice or willful device, resorted to with the intent to deprive another of his right, or in some manner to do him an injury. As such, fraud does not have to be in relation to some attempted monetary gain. Some examples of white collar fraud include:

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Credit Card Fraud

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Securities fraud

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Bank fraud

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Mail Fraud

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Tax fraud

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Computer Fraud

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Forgery

These are only a few examples and by no means an exhaustive list. However, one can see that the general characteristic shared by fraud crimes is an act of deceit. The victim can be an individual, a group of individuals, a company, a bank, or even the state and federal governments. The vast majority of fraud-related crimes are treated as felonies in both state and federal courts. Consequently, fraud-related crimes can also be prosecuted in both state and federal jurisdictions, depending on the specific facts of the allegations.

White Collar Crimes: Theft

The second major category of white collar crimes in Oklahoma consists of those crimes which involve some element of theft. These crimes usually involve a more direct appropriation from another party. Moreover, these crimes can often times involve the threat of violence. Some examples of white collar theft include:

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Counterfeiting

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Identity theft

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Embezzlement

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Extortion

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Corruption

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Money laundering

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Tax evasion

Even though the actions taken to accomplish the criminal activity may differ, the felony conviction repercussions are often the same. Consequently, any theft-related crimes can be prosecuted as a felony in both Oklahoma courts and federal court depending on the specific facts of the allegations, resulting in felony conviction consequences. As such, the long-term effects of a conviction for any white collar crime can be completely debilitating.