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Riccardo Ippolito

Valencia, Ippolito & Bowman

Federal White Collar Crimes

San Jose Theft - Federal White Collar Crimes

Federal white collar crimes have been on the increase in recent years. Prosecutions have increased too now that the matters are filed in U.S. Magistrate Courts and U.S. District Courts. Magistrate courts typically handle the less serious misdemeanor cases, although they often advance to the district courts.

The most common offense filed in the magistrate courts in June, 2011, was aggravated identity theft (TItle 18 U.S.C., Section 1028).  The most common offenses filed in the district courts were:

  • Mail fraud – attempt and conspiracy
  • Fraud by wire, radio or television
  • Bank fraud

Other cases that fall within the white collar crime classification include:

  • Federal procurement fraud
  • Tax fraud
  • Bankruptcy fraud
  • Securities fraud
  • Fraud against insurance providers
  • Arson for profit
  • Telemarketing fraud
  • Insider fraud against insurance providers
  • Antitrust violations: airlines, defense procurement, finance markets
  • Healthcare fraud
  • Intellectual property violations

The federal government has vast resources to investigate and prosecute white collar crimes. Additionally, federal jurisdiction often overlaps with state jurisdiction. Usually state prosecution will occur first, and if the federal government has a "substantial interest" in the case, they will proceed after the state case. In addition to facing lengthy prison sentences, assets are usually seized and the defendant is often restricted from conducting business with former associates and business entities. You truly do need the best legal defense attainable. Call our office now for a free consultation.