White collar crimes typically refer to a type of crime committed by business people, entrepreneurs, public officials,and professionals through deception, as opposed to street crimes which tend to involve violent crimes. While white collar crimes are usually brought against an individual, the corporation may also be subject to sanctions for these types of offenses. White collar crimes can be prosecuted at the Federal or State level, depending on whether federal or state law has been violated. Penalties may vary; here are a few possible results:
- Large fines; Forfeitures
- Home detention; Community confinement
- Costs: Prosecution/ Restitution
- Imprisonment; Supervised Release
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