Respected New Jersey Attorney Defends Clients Charged With Federal Economic Crimes
Representing New Jersey clients charged with federal financial offenses
There are a wide range of financial crimes that are prosecuted by the federal government. These crimes generally share a motive of self-enrichment and are considered nonviolent, but they are not victimless. Many of these white collar crimes involve the use of computers. At the Law Office of David Jay Glassman, we defend New Jersey clients against federal charges for tax evasion, insider trading, antitrust violations and counterfeiting. We also tenaciously defend clients accused of participating in organized crime under the Racketeer Influenced and Corrupt Organizations Act, or RICO. With more than 40 years of experience, our firm works decisively and discreetly to obtain optimal legal results.
What are the most common federal economic crimes?
From our offices in Hackensack, Marlton, Newark and New Brunswick, we defend clients throughout New Jersey against federal economic offense charges. White collar crimes commonly charged at the federal level include:
- Fraud — Any form of deceit that leads a person or organization to give up property can be considered fraud, but federal fraud prosecutions are focused on particular economic activities. The Department of Justice can charge a person with such crimes as mortgage fraud, securities fraud, bank fraud, wire fraud, mail fraud and Medicaid or Medicare fraud.
- Counterfeiting — It is a federal crime to illegally manufacture or distribute money, securities or legal documents. The possession of tools for creating counterfeit currency or securities is also a punishable offense.
- Bribery — The federal crime of bribery generally involves the unlawful payment of money or another thing of value in exchange for performing or withholding a service for the benefit of the person paying. Receipt of such a payment is also punishable as bribery.
- Embezzlement — A person commits embezzlement when he or she steals or misappropriates funds entrusted by another person or entity.
- Money laundering — Criminals or criminal networks may use legitimate financial transactions to hide ill-gotten income, a process known as money laundering. By a series of complex operations, such as transactions with shell companies, criminals can turn these funds into usable money.
- Insider trading — Our firm defends people accused of using information unlawfully to exploit the stock market through insider trading and other unfair practices prohibited by federal law.
- Identity theft — A person who uses another person’s identity for their own advantage may be charged with identify theft.
- Racketeering — The U.S. government uses the Racketeer Influenced and Corrupt Organizations Act (RICO) to prosecute people for their alleged involvement in ongoing criminal enterprises, even when specific criminal acts are not provable. Although RICO was enacted to fight organized crime, the statute has been employed in a wide range of other situations.
Our firm has the experience necessary to fight any criminal charges in federal courts. Through collaboration with forensic and financial experts, we work to uncover and use evidence to support your defense while exploiting all potential weaknesses in the government’s case.
What are the possible penalties for federal white-collar crimes
The sentences imposed for convictions of federal economic offenses can be severe and may involve:
- Prison time — Periods of incarceration generally correlate with the amount of money and number of victims involved in the crime. Prison terms range from a few years to a few decades.
- Fines — Monetary fines likewise relate to the amount of money diverted from rightful owners. For example, a person convicted of money laundering may have to pay a fine equal to twice the amount of money laundered, whereas bank fraud can result in a fine of up to $1 million.
- Additional penalties — The offender may lose a professional license, be ordered to perform community service and be made to pay restitution to victims as well as the costs of prosecution of the case.
We make every effort to reach the best possible outcome for each client based on the specifics of the white-collar offenses charged. Whenever possible, we seek to have charges reduced or dismissed or to obtain an acquittal. When advisable, we negotiate for favorable plea deals.
Contact an experienced New Jersey defense attorney to fight federal economic crime charges
At the Law Offices of David Jay Glassman, we build and present strategic defenses for individuals charged with federal economic offenses throughout New Jersey. Our firm maintains office locations in Marlton, Hackensack, Newark and New Brunswick. To arrange for a confidential legal consultation, call 866-221-1270 or contact us online.