What Are Common White-Collar Crimes in Tennessee?

You may be able to commit a white-collar crime simply behind an office desk, with little to no interaction with others. Even though these acts are non-violent and non-confrontational, others may get seriously hurt in the process. This is because these crimes often involve the use of deceit, misrepresentation, and a breach of trust for wrongful financial gain. With all that being said, please continue reading to learn the most common types of white-collar crimes handled by the Tennessee criminal court and how one of the experienced Montgomery County criminal defense lawyers at Fendley and Birch can help you understand whether you are up against a potential case.

What are the most common types of white-collar crimes seen in Tennessee?

Not to be mistaken, white-collar crime is an umbrella term for varying non-violent crimes that are financially motivated. In the state of Tennessee, the most commonly observed offenses read as follows:

• Fraud: This may involve a dishonest means of obtaining money, property, or services from another party (i.e., bank, insurance, healthcare, or securities fraud).
• Embezzlement: This may involve misappropriating assets that you were entrusted with for personal use and gain (i.e., illegal transfers, cooked records, etc).
• Money laundering: This may involve taking illegally obtained funds and funneling them through legitimate businesses and financial transactions.
• Insider trading: This may involve trading securities based on non-public information to give yourself an unfair advantage over regular investors.
• Cybercrime: This may involve obtaining sensitive information that threatens individuals, businesses, and government entities (i.e., identity theft, data breaches, etc).

How do I know if I’m being accused of a white-collar crime?

You may not believe that you have behaved or acted in a way that constitutes a white-collar crime. However, especially if you work in a financial industry or otherwise regularly deal with money matters, you must always be on high alert for an accusation to be thrown your way. For example, banks or other financial institutions may inquire more frequently or adamantly about your transactions. You may notice similarly with your colleagues regarding your work-related tasks, or otherwise, you may detect that they are strangely avoiding interactions with you altogether.

All of these may be indications that federal investigators are asking financial institutions for your financial documents or interviewing and questioning your colleagues about you. Last but not least, the biggest sign is if you ultimately receive a target letter informing you that you are a suspect in a white-collar crime case. In all of these scenarios, it is in your best interest not to answer any questions or respond to any legal notices until you obtain a legal representative.

In conclusion, if you find yourself in need of legal aid, look no further than one of the skilled Montgomery County criminal defense lawyers. Whether you simply have a legal question or require legal representation in an upcoming court case, our team at Fendley and Birch is willing to help out. Pick up the phone and call us today.