Greenville White-Collar Crimes Attorney

A white-collar crime is usually committed by an individual, businessperson, or government official with a financial motive. Although it is non-violent, the ramifications of a white-collar crime are far-reaching, affecting your professional ambitions and reputation in your community.

If you have recently been charged with a white-collar crime, our legal team is ready to assist you.

Common Types of White-Collar Crimes

White-collar crimes most commonly include:

Health Care Fraud

Whether it is committed by physicians or patients, health-care fraud is the act of misrepresenting information or otherwise deceiving an insurance benefit program to obtain benefits, such as Medicare. It is estimated that individuals and businesses lose billions of dollars each year to health care fraud.

In South Carolina, health care fraud is punishable by up to ten years in prison and a potential fine of $250,000.

At the federal level, you could be civilly fined $50,000 plus three times the cost of the service provided. Criminally, you could be sentenced to ten years in federal prison, be fined, or possibly both.

Money Laundering

Money laundering is the act of making illicit money look “clean.” This is accomplished by making it virtually impossible to trace its source. There is no telling how the money was originally earned, but the laundering of the funds allows criminals to avoid prosecution and taxes while also becoming increasingly wealthy.

An individual found in violation of the South Carolina Anti-Money Laundering Act could be charged with either a Class B felony or Class A misdemeanor. If you are convicted of a Class B felony, you could be sentenced to 25 years in prison. A Class A misdemeanor carries a prison term of three years.

On the federal level, you could be sentenced to 20 years in federal prison, fined $500,000 or twice the value of the laundered property, or both imprisoned and fined.

Embezzlement

Embezzlement is the fraudulent taking of another person’s property. It can range from accounting schemes to physically stealing assets. An embezzlement charge is normally levied against treasurers, accountants, and other persons in a financial position at a company. You will want to deal with an embezzlement charge immediately, since a conviction will make it unlikely that you will be able to find work in the future.

If you are found in violation of state law, you could be sentenced to prison for a maximum of ten years if the embezzled property is $10,000 or more. If the embezzled property is less than $10,000, then you can be imprisoned for a maximum of five years.

A federal conviction could result in ten years in prison and a fine equal to the value of the embezzled funds. If the property is worth less than $1,000, then your prison sentence can only be one year.

Your Livelihood is at Stake

Being accused of a white-collar crime can place your future in jeopardy. Our white-collar crimes attorneys may be able to prove to the prosecution that the charges against you are baseless, even getting them to drop these charges before an indictment. In some cases, we work with the state to get multiple charges dropped or to have lesser charges brought against you. We will do whatever it takes to give you the best possible outcome.

Dedication When You Need It Most

At Ryan Beasley Law, above all else, we strive to preserve your reputation. Charges related to a white-collar offense are often unjustified. If you are facing such allegations, let our legal team assist you. To schedule your free, confidential consultation, contact the office today by phone or by completing our online form.