White-collar crimes in Dallas refer to financially motivated crimes committed by individuals, businesses, or government professionals. Examples of Dallas white collar crimes include mortgage fraud, health care fraud, insurance fraud, corporate fraud, mail and wire fraud, embezzlement, tax fraud, credit card fraud, and money laundering. Typically, white-collar crimes are nonviolent and carried out in a corporate setting. The term "white collar" describes the work done by suit-and-tie workers in an office. It is different from other jobs that require physical labor.
White-collar crime punishments in Dallas vary and depend on several factors involved in the actual crime. Some of the factors include:
In Dallas, white-collar crime punishments are considered less severe when compared to street crimes such as robbery or assaults. However, both street and white-collar crime punishments are often determined by the type of crime and its severity on the victim. Examples of white-collar crime punishments in Dallas include:
Embezzlement is also known as employee theft under Texas Penal Code, Title 7, Chapter 31. The offense occurs when an employee unlawfully appropriates money from the business or organization’s account. In compliance with Texas law, the severity of an embezzlement offense is based on the amount of money or value of assets involved. A breakdown of possible punishment for embezzlement offenses based on the amount involved:
This type of white-collar crime arises in Dallas when an individual intentionally and fraudulently receives payment or benefit from a healthcare benefit program. As established under Texas Penal Code, Title 7, Chapter 35A, the accused may be an insurer, healthcare provider, or patient. Also, the severity of a healthcare fraud punishment depends on the amount involved. Here is a breakdown:
Under sec 32.51 of the Texas Penal Code Title 7 Chapter 32, an individual commits an offense if they obtain, possess, transfer, or use another person's identification information without the owner's consent with the intent to harm or commit fraud. Examples of such information include but are not limited to name, date of birth, social security number, or fingerprint. The punishment for this type of white-collar crime depends on the number of times the accused used the victim's identity. Here is a breakdown:
Per sec 34.02 of the Texas Penal Code Title 7 Chapter 34, a person commits a money laundering offense when they intentionally acquire, possess, transfer, transport, or conceal the proceeds of criminal activity. It also includes investing in, supervising, facilitating, or financing the proceeds of criminal activity. A money-laundering white collar crime offense is subject to different punishment depending on the factors involved:
Credit Card Fraud:
An individual commits credit or debit card fraud if they knowingly present or use the credit or debit card of another person to benefit fraudulently. The use of an expired or fictitious card is also a white-collar crime as established under sec 32.31 of the Texas Penal Code Title 7 Chapter 32. The severity of punishment applicable for a credit or debit card fraud depends on how many times the accused uses the card:
In Dallas, a person commits insurance fraud if they intentionally provide false information or claim with the intent to defraud or deceive an insurer. In compliance with sec 35.02 of the Texas Penal Code Title 7 Chapter 35, the punishment for this type of white-collar crime depends on the amount of money involved:
An experienced white-collar crime lawyer in Dallas performs various roles such as representing and advising the accused on the best ways to build a defense for their case. Some of the techniques a Dallas white collar crime attorney can use to win a white-collar crime case include:
FCPA stands for Foreign Corrupt Practices Act. In line with the United States Code Title 15, Chapter 2B, individuals and organizations are prohibited from making offers, payments, promises to pay, or promises to give anything of value that will influence or induce a foreign official to obtain business or government favors. A "foreign official" as used in the Act describes any employee of a foreign government, department, agency, or an individual acting in an official capacity for any foreign government, department, or agency.
The FCPA covers the book and records and anti-bribery provisions. The book and records provision mandates individuals and organizations to maintain accurate and transparent accounts. Such practice ensures individuals and organizations do not hide corrupt payments in their books or records. Meanwhile, the anti-bribery provision allows the FCPA to regulate the conduct of publicly listed organizations in the United States. The Securities Exchange Commission and Department of Justice handle cases of businesses that violate FCPA in Dallas.
Interested persons can find a white-collar crime lawyer in Dallas using the following tips: