Fighting A White Collar Crime Charge Is More Difficult Than Ever Before

Time has been changing fast in the white collar world

. Not long ago, corporate chieftains enjoyed less criminal scrutiny for corporate crimes, failures and frauds. The world was less punishing for them and laws were lenient, at least compared to other criminal cases. But times have changed. The recession has polarized opinion about corporate practices more than ever before. Occupy Wall Street like movements are making public opinion increasingly against top managers in the companies and the companies themselves. The Congress in US has passed a legislation sharply increasing penalties for executives who destroy documents, commit fraud or issue misleading financial statements, raising the maximum sentence for some crimes to as much as 20 years.

Peoples attitudes toward white-collar criminals could me a mix of reaction to the events at Enron, WorldCom, Adelphia and elsewhere, the recession of 2008, high rate of unemployment, increasing disparity in wages between top and bottom of the pyramid in corporate world. The fat paycheques and bonuses of executives in the investment and banking industry have also contributed to growing anger and vilification of white collar executives. Executives have been vilified before, as recently as a decade ago in connection with the savings and loans scandals, but in the past the attention to fraud has waned fairly quickly.

In an old New York Times article, (ref: http://www.nytimes.com/1996/04/22/us/survey-finds-that-crimes-cost-450-billion-a-year.html?pagewanted=all&src=pm), FOX BUTTERFIELD writes Crime costs Americans at least $450 billion a year, according to the most comprehensive survey ever done on the price of violence. The figure could be very high now as scale of perceived white collar frauds have increased substantially. People are becoming more and more sensitive to the immense social costs of corporate crimes.

In light of all of the above, if you have been charged with a white collar crime, odds might be less favourable to you than it should have been otherwise. A white collar crime attorney, who has experience and understands the intricacies of issues involved in such charges. He also needs to deal with perception bias against the defendant.

Mr. Paul Petrus at the Law Office of Paul D. Petrus Jr. of Empire State Building, 350 Fifth Avenue, Suite 3601, New York, NY 10118 is an attorney who understands that your case may be complicated, atypical, and in need of personalized representation. He is the attorney who understands that you may not be just like everyone else.

After an initial consultation and assessment of your case, he will work to ensure your personal needs are met while crafting your defense. Open communication is vital to success, and he will promptly and thoroughly answer all of your questions throughout the representation and keep you fully informed about every aspect of your case.

by: Paul Petrus

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