White collar crime (WCC) is often mistaken as criminal wrongdoing on the part of high-profile executives and wealthy individuals. In fact, it refers to any nonviolent crime that is performed for financial gain provided by Law Office of Param S. Pabla. That can involve anyone, whether the person committing the act is wealthy or poor, an executive or unemployed.
It’s important to realize that white collar crimes happen all around us without our realizing it. They rarely make the evening news, partly because they are difficult to identify (we’ll explain the reason in a moment). But their consequences can be severe, sometimes impacting hundreds, even thousands, of lives.
In the space below, we’ll define WCC and explain some of the issues involved with trying white collar cases in court. You’ll also learn about the different types of white collar crime.
White Collar Crime Explained
One of the biggest differences between WCC and other criminal acts is that the former rarely involves violence. The cases often involve altering documents, changing computer records, and benefiting from inside information on certain stocks. Much of the activity that qualifies under this category is fraudulent rather than violent.
White collar crime is sometimes mistaken for the corporate crime. Although the two are related, they refer to different things. The former relates to the activity performed to benefit one person. The latter is shown to benefit a business entity. For example, an individual might engage in identity theft while a company may knowingly violate environmental laws or steal trade secrets from a competitor. White Collar Crimes Attorney in Sacramento at Law Office of Param S. Pabla are here to assist you with your case.