Being arrested doesn’t just occur in the case of commonly heard about crimes such as robbery, physical assault, or receiving a DUI charge. Many of the crimes that people are most commonly arrested for in the United States are referred to as what the Department of Justice calls “white-collar crimes.”
What is a White Collar Crime?
White-collar crimes got their name because they are commonly committed for personal or corporate monetary gain. They cover a broad scope of offenses and are defined by the Department of Justice as “any violation of law committed to nonviolent means, involving lies, omissions, deceit, misrepresentation, or violation of a position of trust, by an individual or organization for personal organizational benefit.”
White collar crimes that most commonly occur include:
- Unfair trade practices
- Money laundering
- Credit card fraud
- Insurance fraud
- Environmental offenses
- Tax fraud
- Intellectual property theft
- Insider trading
- Corporate fraud
- Identity theft
- Securities fraud
- Digital crimes
- Bribery or other illegal payments to government officials
- Mortgage fraud
- False statements and/or claims
- Medicare and/or Medical fraud
- Organizing and running a Ponzi scheme
- Bank fraud
While white collar crimes do not typically include physical violence, they still have devastating impacts on the lives of individuals, families, businesses, and society as a whole. These types of offenses can be tragically debilitating for the economy, communities, and may impact many different aspects of society for years after they are committed.
Large-Scale White Collar Crime
One example of a white collar crime on a large scale was during the financial crisis of 2008 when executives at large organizations like Bank of America knowingly sold billions of dollars worth of mortgage-backed securities they clearly knew to be troubled and unstable. This is a perfect example of how non-violent, “white collar criminals” disrupted the lives of millions upon millions of people, contributed to economic collapse, job loss, mortgage foreclosures, broken families, and the economic upheaval of an entire country.
While not all white collar crimes necessarily occur on the level of impacting tens of millions of people, they still have devastating impacts for those who suffer their consequences.
Post Bail and Await Trial at Home
Whether you find yourself wrongly accused of a white collar crime or you made a mistake and are waiting for your court appearance, no one wants to stay in jail longer than they absolutely have to. At Frank Calabretta’s Bail House, we’re here to help. We provide quick, easy bail bonds to those in need of immediate assistance based on decades of experience.
Fast, Discrete Bail Bonds
When you need to get an online bail bond fast you want to find the very best bail bonds company. Our bail bond agents provide excellent service without judgment to those seeking help with bail bonds. We offer ASAP bail service no matter what kind of crime one is accused of committing, and we are extremely easy to contact with a bail bondsman available 24 hours a day, seven days a week for your convenience.
Because of our many years of serving the Placer County community and surrounding areas, we are highly experienced in helping people with bail bonds who are arrested for both violent and nonviolent crimes including the common white-collar offenses mentioned above. We are more than happy to walk you through the entire bail bond process to make sure you understand your options every step of the way.
Give us a call at (530) 823-8340 when you need immediate assistance for yourself, a friend, or a family member. Our Auburn office is located directly across from the Placer County Jail at 11410 Atwood Road in Auburn.