People in New York might often wonder how a particular criminal sentence is determined when a person is convicted of a crime. The reality of the matter is that there may be multiple factors taken into consideration. Some crimes may even have mandatory minimum sentences as well as maximum sentences. When it comes to sentencing a person convicted of a white collar crime, judges may have more discretion than they would when sentencing a person for a street crime.
Many people in New York might not always know who could become the target of white collar crime charges in the United States. Some might believe that a person must be a U.S. citizen to face such charges. The reality of the matter is that a person does not have to be a citizen of the U.S. to be charged with offenses like conspiracy, fraud and more in this country.
Given that New York is essentially the financial center of the country, many professionals work in the financial services industry in some fashion. This may include actively trading stocks or negotiating other financial deals. When working in this arena, there can be a fine line between savvy business acumen and what some may deem as illegal activity. In at least two cases against defendants for federal white collar crimes, the Second Circuit court has made a relatively surprising ruling that may indicate it feels this line is not always properly identified.
Upon being arrested and charged with a criminal offense, many people in New York might fear that they have little hope of defending themselves. However, the ability to do just that is an integral part of the judicial and legal systems but the way that this might happen may end up taking many interesting turns. Some situations often heard about are when a defendant is found innocent by a judge or a jury or when they enter into a plea bargain with prosecutors.
New York residents who find themselves faced with the prospect of an unexpected tax bill may well need to review some actions taken by their spouses or former spouses. In some cases, one spouse may legitimately be unaware of errors on a tax return prepared by the other spouse and therefore wish to remove their personal liability for any tax debt associated with such errors. The Internal Revenue Service has what it calls the innocent spouse rule that may apply to people in this type of situation.
Most people in New York remember the publicity that last summer's announcement of a security breach involving the credit bureau Equifax generated. While other items may be making the top of the headlines today that does not mean that activity regarding this event is over. In fact, that is far from the case.
The love of money, they say, is the root of all evil, and many a convicted white-collar criminal just might admit it was love of the green stuff that got them into trouble. New York businessmen and businesswomen have access to some of the most lucrative financial resources in the world, so why not take a look at some of the lines they may easily cross into fuzzy fiscal dealings?
When people in New York are accused of crimes, it is important for them to know that there is a criminal justice system that allows them to defend themselves against the charges. This process may end up providing them the opportunity to be acquitted of charges. It may also allow them to be found guilty of charges that are less severe than those they originally faced. There are multiple scenarios that may play out through a defense including through a potential appeal.
With so much business being conducted online these days, the opportunity for companies and private parties to be defrauded has perhaps never been higher. This may cause some who go through poor business dealings to be quick to accuse partners and brokers of trying to take advantage of them. While a person or organization accused of this may view such an allegation as being little more than baseless accusations made out of frustration, such charges should still be taken seriously. They may easily end up being classified as wire fraud.
When you hear the term white collar crime, you may wonder what kind of crime this refers to. The FBI says that a white collar crime is perpetrated by people who work in government or business and usually involves some kind of fraud.