Common Myths Surrounding White Collar Crimes

Almost everyone is very familiar with the term white collar. But when it comes to white-collar crimes, things get a bit different and tricky. The prevalence of misconceptions surrounding white-collar crimes can be a scary reality for anyone. But this is understandable given the single phrase encompasses so many different criminal activities.

However, that is no justification to ignore these myths as they can have some severe consequences for people and society in general. Understanding white-collar crimes and the myths surrounding your Tempe DUI attorney  before it’s too late! This article will walk you through a couple of these prevalent myths.

But First, What Exactly is White Collar Crime?

The term white collar has been around for almost a century now, and any crime in this area is mainly concerned with fraudulent activities that are non-violent. In simple terms, the person committing a white-collar crime must be in a position of power to do so. But unfortunately, this is not always the case.

Modern white-collar crimes can be anything from concealment, breach of trust, or even deceit. People commit these crimes for their personal or business gains, and the consequences of these frauds leave a devastating impact on many. Some of the most common white-collar crimes are money laundering, pyramid schemes, corporate fraud, embezzlement, extortion, etc.

Prevalent Myths Around White Collar Crimes

While it is advantageous that information is now more readily accessible, it also has some disadvantages. One of the most prevalent disadvantages is misinformation leaving many embezzled. So let’s take a look at some of the common myths about white-collar crimes.

Myth 1: White Collar Criminals Avoid Prison Time

In general, no one is above the law, including white-collar criminals. Yet many people seem to perceive that white-collar criminals can avoid jail time. But the reality is far from that, as there are many white-collar criminals serving jail time all around the globe. It’s all about finding the right DUI lawyer in Phoenix, AZ, to ensure justice is served.

Myth 2: Powerful And Rich Avoid Prosecution

There is no denying that the rich and powerful of the world are often intimidating people. But that in no way means they can avoid prosecution when guilty. While most successfully delay their prosecution with an army of lawyers, it is only a matter before truth prevails. So it is certainly a misconception that one can avoid prosecution because of wealth and power.

Myth 3: Conventional Criminals Are Not White Collar lawyers

Since white-collar crimes are mostly associated with financial fraud, people tend to believe that usual criminals are not white-collar criminals. In reality, anyone committing fraud can be a white-collar criminal irrespective of background or status.

Bottom Line

These are some of the common myths surrounding white-collar crimes. Keeping these myths in mind can be helpful for anyone and everyone. So make sure you hire a competent criminal lawyer in Phoenix, AZ, and avoid falling victim to these baseless myths.