White collar crimes are criminal offenses that are usually committed by white collar professionals, such as managers, directors, supervisors, executives, politicians, and other individuals in respected, high-profile positions.During the recent economic crisis and real estate/credit crunch, law enforcement authorities have been targeting individuals in real estate, banks and related fields, searching for white collar crime violations. While many of these cases won't garner the same attention as the recent Congressional hearings have, these matter carry serious consequences and the accused need experienced and knowledgeable Los Angeles criminal attorneys to represent them.There are a variety of white collar crimes that are prosecuted to the fullest extent by law enforcement. Commonly committed white collar crimes include: money laundering, pyramid schemes, counterfeiting, embezzlement, fraud, tax evasion, RICO, extortion, computer crimes, forgery, bribery, and bankruptcy fraud.In California, lenders have foreclosed on $100 billion worth of homes over the last two years and are foreclosing at a rate of 1,300 houses every business day, according to a recent report. That sort of activity will lead to many angry citizens, and will lead to not only tougher laws, but action. People will be hostile towards the government and law enforcement if they think individuals are getting away with white collar crimes. That kind of public pressure has mounted before; after the Enron and energy crisis in California, tougher regulations were put in place and some individuals were prosecuted for their involvement. In fact, that particular crisis is one of the main reasons former Governor Gray Davis was recalled.The FBI had about 1,000 agents deployed on banking fraud during the S&L bust of the 1980s and '90s, said Anthony Adamski, who oversaw financial crime investigations for the FBI at the time. The FBI says it now has about 200 agents working on mortgage fraud, and that number is expected to increase, especially depending upon the new president.Due to the life-altering legal consequences that are involved, it is always in a person Tagged as: theft, white collar crime fraud theft laws
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