Federal white collar crimes come in many forms. One that is important to learn more about is a pyramid scheme. Many people get pyramid schemes and multilevel marketing (MLM) campaigns confused, because they do have some similarities.
White collar crime is a term that was coined in 1939 and refers to fraud committed by government and business professionals. Fraud doesn't usually involve violence or threats; instead, the motivation to commit fraud is purely financial. Fraud can be used to gain money, avoid losing money or to give a business an advantage.
Not everything to do with the law has to be serious. In fact, there are some interesting laws that you may violate that are so unusual that they're laughable. Realistically, since the laws are on the books, you could end up charged with a federal crime if you committed them, but the reality is that no one would be likely to prosecute you.
White collar crimes include many different actions such as antitrust violations, credit card fraud, economic espionage and counterfeiting. There are dozens of crimes that fall under the white collar crime category, all of which can result in federal charges against you.
Many people say that white collar crimes are victimless, but most people who have participated in these crimes or been implicated know that isn't true. Whether you're the victim who had your money stolen or the person who faced becoming the "fall guy," anyone who is on the wrong side of the crime pays a price.
Many people who commit white collar crimes don't end up going to prison. In reality, a large number of people don't even face significant penalties. If you're accused of a federal white collar crime, then you need to know why that is and how to help yourself avoid penalties as well.
"White collar crime" is terminology that refers to any fraud committed by business or government officials. Usually, these crimes aren't violent, and they're most prominent due to affecting the public.
Federal crimes can take place anywhere in the United States and will be tried in a federal court. One example of a federal crime is tampering with the U.S. Postal Service's services or deliveries. It is against the law to impact the postal service negatively in any way, including rerouting mail that doesn't belong to you.
If you have ever looked into white collar crimes, you know that they were much more common when it was harder to track accounts and communications. Today, those who participate in white collar crimes often leave behind digital trails of their wrongdoings.
When it comes to white collar crimes, some cases are so egregious that they remain in the public's mind. Typically, these notable cases made national headlines or cost so many millions of dollars that they can't be easily forgotten.