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White Collar Convictions in Newport Beach Receiving Harshest Sentences

December 12, 2008 by tgabeh · Leave a Comment 

White-collar crime is generally recognized as a crime committed by a person in the course of his occupation. White-collar crime tends to overlap with corporate crime because the opportunity for fraud, bribery, insider trading, embezzlement, computer crime, and forgery is more available to white-collar employees. White-collar worker refers to a salaried professional or an educated worker who performs semi-professional office, administrative, and sales coordination tasks, as opposed to a blue-collar worker, whose job requires manual labor.

Recently, one of four co-defendants in a scheme that defrauded investors of more than $50 million was sentenced to 25 years in prison! According to U.S. Attorney Karen P. Hewitt, this sentence represents Read more