People in Utah have heard all about white collar crimes over the last few years. Of course there are the major Ponzi schemes which have made the likes of Bernie Madoff a household name, but there are many less-publicized white collar crimes that happen all the time, many times right here in Utah. White collar crimes don’t always involve massive amounts of money and horribly dishonest conduct. In fact, many white collar crimes may come down to a misunderstanding or a handful of clients who misunderstood the nature of their investment.
But no matter what the situation is, a person accused of a white collar crime must take action immediately to clear their name and defend themselves from accusations and criminal charges. This is especially true for people with careers in finance, where their very career and professional reputation can be irreparably harmed by allegations, no matter how unreasonable or unfounded. In the close-knit world of finance, word can travel quickly, and negative rumblings may turn into very real financial damage. One simply cannot put a price on the value of their personal reputation, which is why clearing one’s name is of utmost important.
Not only can allegations harm one’s reputation, the federal government and state law enforcement can jeopardize one’s business by freezing assets and seizing alleged “instruments” of an alleged crime before any wrongdoing is ever proved.
Attorney Catherine Cleveland has been helping people facing accusations of all types of white collar crimes for over 15 years. She has represented people facing criminal charges involving alleged embezzlement, insurance fraud, securities violations and even identity theft. Her web page on white collar crimes may be of use to those seeking legal information about such charges.