Criminal Law White collar crimes

Published on May 20th, 2014 | by Daniel R. Perlman


White Collar Crimes

Nonviolent crimes of a financial nature

White collar crimes can be any one of a large variety of nonviolent crimes of a financial nature. They frequently are committed by business people, public officials or investors and involve commercial fraud, consumer fraud, swindles, insider trading on the stock market, embezzlement, bribery, or other dishonest schemes. Of these many types, fraud and embezzlement are ‘everyday’ white collar crimes and are related to but separate from California’s theft, forgery, and perjury laws.

In California, white collar crimes are put into distinct categories – either include felony and misdemeanor. The determination of the crime being a felony or a misdemeanor may be based on value of the goods, services, or dollar amount involved. Some charges are “wobblers”, meaning that prosecutors may file the case as either a misdemeanor or a felony.


White collar crime includes the many varieties of fraud like wire, welfare, tax, insurance, and bank fraud. Fraud always involves of some deceitful practice or willful device, used with intent to deprive another of his right, or in some manner to do him an injury.

Welfare fraud is very prevalent and may be perpetrated in two distinct ways. One way is recipient fraud. It occurs when people provide false or incomplete information in order to obtain various forms of welfare. The other, internal welfare fraud, occurs when government employees play a role in assigning or distributing welfare benefits to ineligible recipients.

Insurance fraud often involves criminal acts centered personal injury, workers’ compensation, health, and automobile insurance claims. These cases address fraud that occurs when someone knowingly lies to obtain some benefit or advantage to which they are not otherwise entitled or someone knowingly denies some benefit that is due and to which someone is entitled.


Embezzlement, another form of white collar crime, involves property or monetary theft. It occurs when someone who was entrusted to manage or monitor someone else’s money or property steals all or part of that money or property for their own personal gain. The crime of embezzlement generally requires that someone tries to “convert” or deal with another’s property in a way that is inconsistent with the agreement between themselves and the property owner. When someone, who was entrusted to manage or handle someone else’s money or property, steals any part of that money or property for his own personal gain is considered embezzlement. If you have been accused of embezzlement please call the Los Angeles criminal lawyers at Daniel Perlman law.

Daniel R. Perlman
The Law Offices of Daniel R. Perlman

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