White collar crimes don’t often make the news. No one was held up at gunpoint and there wasn’t a high speed chase with sirens blaring. Instead, a trusted employee is walked out of the workplace in handcuffs with his or her head hanging down. It’s very possible that he or she had never been arrested before.
Profile of a White Collar Crime
* The average white collar crime seldom exceeds five figures. A major investment scam, such as the one perpetrated by Bernie Mad off, can steal billions, but that is the exception.
* The typical perpetrator of a white collar crime is a white male college graduate.
* Men commit four times as many white collar crimes as women and steal four times as much.
* Executives are responsible for costing their companies sixteen times as much as other employees.
* In the U.S., companies lost 6% of their revenues to employee thefts.
* White collar crime is actually fairly uncommon, only accounting for 4% of FBI reports.
What to Do When Arrested
Being arrested is traumatic. There are a thousand questions and worries combined with a sudden loss of control over your life. When the Miranda warning is read, pay attention. Those warnings are serious and the rights mentioned are very important.
* Stay calm and obey the instructions of the officer.
* If arrested at home, do not consent to a search if they do not have a warrant. Call a
* White Collar Crimes Lawyer in Bel Air MD
* The most important right at this time is the right to remain silent. Do not argue or protest your innocence. They probably have a warrant and will not be persuaded to ignore it and leave.
* Anything you say will be used against you. Believe it. Brilliant people have talked their way into jail.
* If you do not already have an attorney, call one now. Do not consent to any interrogations; wait for your lawyer to arrive.
* In most cases, it will be possible to get bail on the next business day.
A conviction for a white collar crime, no matter how small the amount, will dramatically affect your life. Maria K. Caruso is an experienced White Collar Crimes Lawyer in Bel Air MD who has been fighting for the rights of her clients since 1990. When you need her the most, she will be there for you. Visit the website to contact her.
