On behalf of Rosenblum Schwartz & Fry posted in White Collar Crimes on Thursday, March 22, 2018.
We suspect at the criminal defense firm of Rosenblum Schwartz & Fry in St. Louis that few of our readers across Missouri and elsewhere believe there is a simple answer to the query posed above in today’s blog headline.
Indeed, there isn’t, which is acknowledged in a recent Forbes article delving into corporate fraud and its underlying motivations.
The white collar criminal universe is varied and tremendously complex in the United States. Moreover, it is bathed in a powerful spotlight these days. Government regulators and law enforcers are involved in seemingly endless high-profile cases spanning a broad spectrum of alleged misconduct.
We note their broad focus on our website. It encompasses probes ranging from tax evasion, embezzlement and health care fraud to securities irregularities, Internet gambling, credit card fraud and more.
Why do people get involved in white collar crime, which is currently under withering regulatory scrutiny and marked by stringent criminal penalties?
Obviously, the reasons are many, which is duly stressed by Forbes. Some individuals in the corporate world are under incredible pressure to meet unrealistically high targets and goals. Many white collar realms are somewhat ambiguous when it comes to stating ethical expectations and best standards expected to be routinely adhered to. In some large and isolated business environments, there is no clear understanding as to how select activity can adversely impact consumers and a public that seem abstract and far removed.
We make an additional point too at Rosenblum Schwartz & Fry, which we believe is important to note.
And that is this: White collar defendants “rarely set out to break the law.” Rather, they often become overwhelmed by “confusion about legalities, panic regarding cash flow and a ‘slippery slope’ to more serious legal infractions.”
When that occurs, they obviously need help.
And that is precisely what a seasoned law firm will provide. Proven defense attorneys will always focus strongly on protecting their clients’ legal interests and securing an optimal outcome in their case.