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Defending a White Collar Embezzlement Case

Q: Are the penalties for a white-collar criminal conviction serious?

New York white-collar crime defense attorneys help those wrongly accused to defend themselves against these non-violent, financially-motivated offenses. Although white-collar crimes which are based on financial motives may seem less serious than violent crimes like murder, the reality is that the government pursues white-collar crimes aggressively. In addition, the consequences for a conviction on the state or federal level could result in a lengthy prison sentence, stiff fines, forfeiture of assets, forced restitution, and more—depending on the nature of the crime.

While the Racketeer Influenced and Corrupt Organizations Act (RICO) and the Patriot Act are often applied to federal white-collar crimes, New York has a similarly tough white-collar crime law– the New York Enterprise Corruption Law – which also doles out serious punishment for convictions of state-level white-collar criminal charges.
Many white-collar crimes, like embezzlement, stem from allegations that a person of authority abused their position of trust for their own financial benefit and at the expense of other people or entities.

Recently, the CEO of New York municipal credit union reportedly pleaded guilty to embezzling millions of dollars and now faces a maximum of 30 years in prison. Among the things he allegedly admitted were:

  • buying a Mercedes Benz and leasing luxury cars using company funds
  • staying in high-end hotels using company money
  • “getting paid for long-term disability insurance that he never received
  • submitting fake invoices for hundreds of thousands of dollars in dental work

No matter how damning the evidence may seem, having a skilled white-collar criminal defense attorney with a track record of success in your corner to aggressively defend you may result in a dismissal or reduction of the charges or may mitigate the consequences. Some defenses against white-collar crimes may include that:

  • your civil rights were violated
  • you did not intend to commit a crime
  • you didn’t have the capacity to know you were engaging in a crime
  • you were forced to commit a crime
  • government officials induced you to commit a crime.

If you have been accused or expect to be accused of a white-collar crime, the Law Office of Mark J. Sacco will provide you with aggressive legal representation. Call us today for a free consultation.

From our office in Latham, New York, we represent clients in federal and state courts and defend misdemeanors and felonies throughout New York State.
Source: https://nypost.com/2018/11/19/former-credit-union-ceo-pleads-guilty-to-embezzling-millions/

Posted in: White Collar Crime