Since Enron’s corporate fraud case made national news, white collar crimes have come into focus in the United States. Since the 2006 case went to United States District Court for the Southern District of Texas, the criminal justice system has been particularly strict in charging and sentencing individuals and corporations who have committed white collar crimes.
The FBI, in conjunction with, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), are cracking down on individuals they believe are committing corporate fraud, making the laws around corporate trading and other white collar crimes more complex. Having a talented criminal defense attorney to navigate these complex laws by using effective strategies to negotiate with prosecutors can often result in the reduction of charges placed against you.
What is Corporate Fraud?
These crimes are mostly defined by financial fraud through deceit, concealment or violation of trust. The following types of activities can be considered corporate fraud:
- Making fraudulent claims on accounting reports
- Insider trading or late trading
- Falsifying tax deductions or tax documents to underpay taxes
- Using corporate property for personal gain
- Designing false trade information to improve profits or minimize losses
If you are under investigation or arrested for a white collar crime, our firm can help. Contact The Law Office of Louis J. Goodman online or call (510) 582-9090. With a free initial consultation, we can review the details of the allegations against you.