While-collar crime is an umbrella term that encapsulates numerous types of financially motivated offenses.
Some common examples include:
- Money laundering
- Insider trading
How does sentencing work for these offenses? What should someone convicted of a white-collar crime expect?
What You Should Know About Mandatory Minimums
Typically, judges have discretion when it comes to sentencing. Judges can look at the details of the case and determine if the defendant needs to spend a lengthy period of time incarcerated or if other types of penalties would suffice. However, mandatory minimum sentences remove that ability.
Mandatory minimum sentences set minimum amounts of time that convicts must spend incarcerated. Mandatory minimums are common for many federal, white-collar offenses. The minimum can be anywhere from a year to 20+ years in prison. Even if the judge believes that the defendant does not need to spend numerous years behind bars, the decision is often out of their control.
For crimes that don’t require mandatory minimum sentences, judges may follow sentencing guidelines that provide recommendations for certain crimes. Unlike mandatory minimums, judges can sentence the defendant to more or less time than the guideline suggests.
Each white-collar case is very different and sentencing will be determined individually. However, an average sentence is about 23 months. This is shorter than for most federal drug crimes.
If You’re Charged With A White Collar Crime…
Contact us at Schweitzer & Davidian. Don’t underestimate how serious these charges can be. As soon as you suspect you are under investigation, or you are contacted by law enforcement, get in touch with a defense attorney. You do not want to try to navigate your case alone. Defense attorneys have the knowledge needed to protect you and your rights throughout the duration of your case.
Fresno Federal and White Collar Defense
Our attorneys at Schweitzer & Davidian have helped our clients defend themselves against claims of fraud, embezzlement, and other white-collar crimes. To get started on your defense, call us at (559) 206-2322.