What Are the Potential Penalties for White-Collar Crimes in Florida?
If you are facing white-collar crime charges in Florida, you might be wondering about the potential penalties. The consequences depend largely on whether your case is being prosecuted at the state or federal level.
Federal White-Collar Crime Penalties
If your case is being prosecuted in federal court, the United States Sentencing Guidelines will determine the penalties. The most important factor is the amount of money allegedly involved:
- Higher financial losses mean harsher penalties.
- Federal sentencing can include prison time, large fines, and asset forfeiture.
- Federal prosecutors and investigators are typically highly aggressive, making these cases more complex.
State White-Collar Crime Penalties
In Florida state court, penalties for white-collar crimes can vary. However, in many cases, restitution plays a key role:
- If you can repay the money allegedly taken, this can help in negotiations with prosecutors.
- Often, cases can be resolved with a withhold of adjudication, meaning there is no formal conviction on your record.
- Once restitution is paid, you may be eligible to have your record sealed, helping protect your future.
What Should You Do If You’re Charged?
If you or a loved one is facing charges for fraud, wire fraud, embezzlement, or any white-collar crime, the stakes are high. Federal and state prosecutors take these cases seriously, and you need an experienced defense attorney who knows how to navigate complex financial crime cases.
Call Michael White, P.A. today at 954-270-7696 to discuss your case and start building your defense.
