White collar crimes are nonviolent offenses. They can include crimes such as bribery, cybercrimes, embezzlement, forgery, fraud, identity theft, insider trading, money laundering, Ponzi schemes, intellectual property infringement and racketeering. The annual revenue loss associated with white collar crimes is over $500 billion, which is 10 times higher than the cost of personal property crimes.
There are a variety of reasons why white collar crimes occur. The incentive packages at an employee's job may be put together poorly, motivating a worker to circumvent the law to increase their earnings. A company's administration may have a laid-back attitude toward ethics, including insider trading information. A worker's employer may perceive their employee's actions as harmless or victimless.
Workers must sometimes meet specific goals to gain access to different incentives. Employees may become stressed as they try to meet these unrealistic expectations and start to blur the lines between what's right and wrong. A doctor's moral decline may result in them prescribing a patient too much medication or filing false insurance claims. Someone may have the mentality that "everyone" acts outside of the law and that they also need to do so to keep up.
People may feel they're above the law or disagree with the laws on the books. They may also find themselves with intense motivation to engage in impropriety and not have the ability to admit to themselves that what they're doing is wrong. If a person is stealing from a large company, then feel justified in what they do by convincing themselves that they're not taking money away from an actual person.
There are federal sentencing guidelines that all U.S. District Court judges consider when deciding how to punish defendants charged with white collar crimes. The penalties that you may be facing may increase depending on various factors, including the amount of money involved and your level of guilt for what occurred. An attorney can review the discovery leading up to your arrest here in Corpus Christi and advise you on how to present your Texas case in the best possible light.