Scranton Criminal Defense Attorney
Request a Free Consultation 570.666.1068
Criminal Defense Attorney Serving Scranton & The Surrounding Areas

White Collar Criminal Defense Lawyer in Scranton

Experienced Legal Counsel for White Collar Crimes

At the Law Offices of William D. Thompson, we are passionate about defending clients’ rights in court. We have successfully guided hundreds of clients through the Pennsylvania legal system. Our Scranton criminal defense attorney has 15 years of experience and gives personal attention to every case.

If you are being charged with a white collar crime, contact our firm today.

Understanding White Collar Crimes

The term “white collar” supposedly originated in 1939. It was used to differentiate business and government executives from blue collar workers in the lower class. Today, white collar crimes refer to acts of fraud that often occur through deceit, violation of trust, and concealment. Furthermore, the main motivation for white collar crimes is financial gain.

White collar crimes can wreak financial havoc on individual businesses. They can also cost investors billions of dollars and disrupt the stability of the U.S. economy. Because of the potential damage to the nation’s financial infrastructure, the FBI is working with the Internal Revenue Service, the Securities and Exchange Commission, the Treasury Department’s Financial Crimes Enforcement Network, and other federal and state institutions to crack down on white collar crimes.

White collar crimes are often charged as felonies and carry severe penalties. These include:

  • Lengthy prison sentences
  • Hefty fines
  • Forfeiture of assets (in bankruptcy fraud)

The penalties for white collar crimes vary, depending on certain factors. For example, if you have a prior conviction, the penalties will be more severe. Furthermore, if the amount of money involved in the fraud is significant, the penalties will increase. It is important to seek experienced representation as soon as possible after your arrest. At the Law Offices of William D. Thompson, our Scranton criminal defense lawyer can analyze your situation and help determine an effective legal strategy as you seek a favorable outcome.

Types of White Collar Crimes

White collar crimes involve a broad range of fraud and financial deceit. They typically do not involve any physical violence, and may go unnoticed for months or even years before being discovered. However, they can cause severe financial losses to individual businesses and corporations.

Common types of white collar crimes include:

  • Corporate fraud
  • Money laundering
  • Identity theft
  • Investment fraud
  • Ponzi schemes
  • Tax evasion
  • Bankruptcy fraud
  • Embezzlement

Other types of fraud include bank fraud, mortgage fraud, healthcare fraud, and insurance fraud. Corporate fraud often uses deception to present false information about the financial condition of a company to investors, analysts, and auditors. This may involve false accounting entries, illicit transactions, and fraudulent trades to hide losses or inflate profits. Because of the potential harm to the financial health of businesses in the United States, the FBI is conducting investigations and cracking down on corporate fraud.

Money laundering, another common type of white collar crime, is the process where illegally-obtained (dirty) money is filtered through a series of transactions to make it seem legal. Penalties for money laundering include restitution of twice the value of the money laundered (up to $500,000) and incarceration for other felonies involved in the money laundering. The related felonies often involve drug trafficking, human sex trafficking, securities fraud, and enterprise corruption.

Ponzi Schemes & Tax Evasion

Ponzi schemes, and other financial fraud schemes, are common white collar crimes. A Ponzi scheme is a type of investment fraud. It occurs when fraudsters use the funds from new investors to pay the promised returns to existing investors in a fake business. The scheme often promises high returns with little or no risk, provides unusually consistent returns, and uses unregistered investments.

Tax evasion is often used to avoid paying taxes that you owe. It involves filling out tax forms with false information, or illegally transferring money or property to avoid paying tax obligations. Individuals and business entities can be convicted of tax evasion, and the IRS is working with the FBI to investigate and arrest those who have committed this white collar crime.

Seek a Favorable Solution with the Help of Our Attorney

The Law Offices of William D. Thompson strives to provide efficient legal services to clients facing white collar crime charges. Whether you have been arrested for investment fraud, tax evasion, money laundering, or other type of white collar crime, our Scranton criminal defense lawyer can represent you in court. We can investigate the charges, build your case, and work hard to find effective legal solutions. We know a conviction can have lasting negative impacts on your life. Our firm is passionate about defending the rights of our clients in court.

Call us today at (570) 666-1068 for tenacious legal assistance. We offer 24/7 availability for your convenience.

Recent Reviews From Previous Clients

  • We would definitely recommend him to friends!

    “We were referred to Bill by a lawyer who had previously help us with some real estate issues when we were looking for a criminal lawyer. From the first call, Bill was great with communication and keeping us update with information. He explained everything very clearly from the worst case scenario to the most realistic. He made sure every question was answered and did the research when necessary. Overall, Bill took what could have been a huge mess in multiple counties and helped us get a fair and reasonable resolution for everything. Honestly, we hope we never have to call Bill again, but we would definitely recommend him to friends. ”

    Former Client

  • I just wanted to say thanks for doing such a good job handling my case. You are the best Billy. I highly recommend him to anyone who needs a lawyer.

    “I just wanted to say thanks for doing such a good job handling my case. Every other lawyer I talked to told me that I was getting 5 years for my second DUI and you got me six months [probation]. You are the best Billy. I highly recommend him to anyone who needs a lawyer. ”

    Bob

  • Bill was successful in providing us with a great outcome.

    “We were referred to Bill by a senior member of law enforcement. As a parent, your worst nightmare is receiving a call that one of your children had found themselves in a situation that could have serious criminal ramifications. Bill was quite willing to accept our case, and immediately set about the task of learning and examining the facts, then having a detailed conversation with us as a group, and independently with our child. Bill walked us through all the implications of his actions, and outlined best and worst case scenarios so that we would be adequately armed with as much information as possible. A lot of that may seem standard fare for some attorney’s, but where Bill absolutely stood apart was the way he engaged us as a family. Granted, we do not have a lot of experience working with attorney’s, but the experience of working with Bill was in large part contradictory to the stereotype. He gave us the feeling that he genuinely cared about our child’s well-being, and we walked away from our initial meeting with an assured feeling that he would do whatever it took to provide us with the best possible outcome. This was a traumatic experience for our child, but through it all, he actually looked up to Bill as not just his attorney, but somewhat of a mentor. This speaks volumes to Bill’s ability to effectively communicate with us, and the level of transparency into the process that he provided. Bill was successful in providing us with a great outcome, and we are extremely grateful for his dedication to the case and his brilliance in the execution of it. We would 100% recommend Bill with no reservations whatsoever. ”

    Former Client

  • I'd just like to thank him and I would recommend him to any friends or family member. So thank you Bill for everything you managed to do for me, I appreciate it more then I can put into words.

    “I'd just like to thank him and I would recommend him to any friends or family member. So thank you Bill for everything you managed to do for me, I appreciate it more then I can put into words. ”

  • I highly recommend him to others and I will continue to do so!

    “I met Mr. Thompson about 4 years ago. I was on probation at the time and I hired him in June 2011 for a reduction of my sentence. (I was sentenced in 2008 for 5 1/2 years Probation, among other things. Mr. Thompson was not my lawyer at the time ) After hiring Mr. Thompson he had a hearing set up with the Judge in October 2011, however I was violated before my court date. He immediately came to speak with me the day I was incarcerated in September of 2011. He kept me up to date with information regarding my case regularly. If I had questions he was able to answer them. For example I was on a certain block while incarcerated. He was able to answer my question. He was also in communication with my mother during that time to keep her up to date as well. He was reasonably priced in comparison to my previous lawyer. He managed to have my sentence reduced by a year and a half with a violation and I was out of jail in 43 days. I have used him in other situations regarding the law after being out of jail in November 2011 and I would use him again. I highly recommend him to others and I will continue to do so. ”

    Maura