Economic crimes are offenses committed by individuals or groups for economic gain. They often involve some form of deceit or fraud to gain the advantage. They may also involve force, such as in armed robbery.
If you are under investigation or have been formally charged with any type of economic crime – whether at the state or federal level – you can turn to LaHood Norton Law Group. Our firm has extensive experience handling these types of crimes both in and out of the courtroom. We understand the consequences you may be facing, including jail or prison time, fines, restitution, and a permanent criminal record. We can help you fight back with tough and dedicated advocacy.
Many types of activities can be considered as economic or financial crimes. They can be committed against individuals, businesses, or the government.
Examples of economic crimes include:
These types of crimes may be investigated by federal agencies, such as the FBI and the IRS, or state agencies. These investigators look for offenses that involve the acquisition, damage of, or theft against some type of economic agency, system, or private individual. Depending on the circumstances, they may be charged as misdemeanors or felonies.
For example, in Texas, identity theft is charged as a felony with penalties based on how many forms of identity were stolen and how they were used. Penalties can range from 180 days in jail and fines of up to $10,000 to the most severe penalty of up to 99 years in prison.
The first action you should take when facing charges for an economic crime is to seek legal protection and counsel from LaHood Norton Law Group. As former prosecutors, we know how to investigate the evidence against you to develop an effective strategy.