Accusations of criminal activities can ruin the lives of top executives and business professionals. In Michigan and elsewhere, allegations of white collar crimes can lead to extensive investigations, and having experienced defense counsel is crucial. Computer crimes are included in the white collar crime category, and legal counsel can work to resolve such issues discreetly.
Convictions for nonviolent crimes typically include fines, restitution and/or prison time. In Michigan and elsewhere, those accused of white collar crimes risk much more than their careers. After filing a guilty plea in such a case in a federal court sitting in another state, one individual could face up to 30 years behind bars.
Embezzlement is the fraudulent taking of another person's personal property or funds by a person to whom it was entrusted or from an employer. It is one of several types of white collar crimes that are committed nationwide, including Michigan, and the value of the claimed misappropriation will determine whether it will be a felony or a misdemeanor. A bank employee in another state is accused of such a crime that federal prosecutors say involves over $176,000.
Forgery happens when someone fakes a signature, falsifies documents or changes existing documents without the necessary authorization. Although laws regarding white collar crimes might vary, all states, including Michigan, treat forgery a serious matter. Depending on the unique circumstances of each case, those accused can face misdemeanor or felony charges.
The U.S. Immigration and Customs Enforcement recently issued a press release that exposed an organization that creates sham marriages for those intending to obtain U.S. Green Cards for citizens of foreign countries. This case might be an eye opener for people nationwide, including Michigan, to learn about the potential consequences of committing white collar crimes. In this case, 96 people face federal charges after they were indicted for marriage fraud in another state.
A former member of the Michigan Board of Pharmacy was indicted on several federal charges in the U.S. District Court for Eastern District of Michigan. The white collar crimes charges followed an investigation and a raid by police on one of the accused pharmacist's two stores. Court documents indicate that the charges include insurance fraud.
Public trust in Michigan and across the country was shaken by news reports about college admissions fraud schemes involving several celebrities. Actress Lori Loughlin and fashion designer Mossimo Gianulli were accused of white collar crimes after they allegedly paid $500,000 in bribes to get their two daughters admitted to a leading university on the West Coast, based on false claims that the girls were competitive rowers. This is but one of the dozens of alleged admission fraud cases involving a number of prestigious schools nationwide.
People in Michigan might have been offered certificates of title to own mining waste that promised to be rich in precious metals. A 77-year-old man in another state was recently indicted on various white collar crimes related to the sales of mining slag. Prosecutors say, among others, the charges include money laundering and federal fraud involving $7 million.
Investors nationwide, including Michigan, who consider making "no-risk" investments in cryptocurrency projects might be blinded by the promises of high-interest returns and other benefits. ryptocurrency laws are evolving, and many gray areas exist. However, in a case that the U.S. Attorney's office believes to be the first of its kind nationwide, a cryptopreneur pleaded guilty to white collar crimes in federal court.
Anyone in Michigan or any other state who faces federal charges may be advised by legal counsel to plead guilty. In many cases, such a plea could lead to the best possible outcome. This was how a 37-year-old man in another state pleaded on multiple white collar crimes charges.