White Collar Crimes’ Penalties in US

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Title: White Collar Crimes’ Penalties in US

1

White Collar Crimes encompasses many types of
non-violent criminal offenses that are committed
in a business or professional setting to achieve
financial gain.
White-collar crimes are committed by people of
high social status who commit their crimes in the
context of their occupation.

Those illegal acts which are characterized by
deceit, concealment, or violation of trust and
which are not dependent upon the application or
threat of physical force or violence.

As white collar crimes are typically nonviolent
and involve individuals of a higher class,
convicts receive shorter sentences and nicer
prison accommodations than their blue collar
counterparts.
But in few big fraud cases, some convicts have
received sentences for life in prison, along with
huge court-ordered fines and restitution payments.

Charge depends on the size of the illegal
operation and the degree of involvement for each
individual.
These types of crimes can cause considerable
financial damage to hundreds or even thousands of
people.
Some cases may even impact the regional or
national economy to an extent.

In the United States, sentences for white-collar
crimes may include a combination of imprisonment,
fines, restitution, community service,
disgorgement, probation, or other alternative
punishment.
In other countries, such as China, white-collar
criminals can be given the death penalty.

Defendants without a significant criminal record
may be sentenced to probation, a suspended jail
sentence or a jail sentence far shorter than the
maximum.
They may have fines levied against them, and may
be required to forfeit any profits or pay
restitution to their victims.