Being accused of a white-collar crime is a serious problem for anyone running a business or working high up in a business. You don’t want to be accused of fraud, because it can hurt your reputation and your business’s profits if the news reaches the media. You could lose your job and find it very difficult to find a new job in the future due to past charges that could come up in internet searches or other local news reports.
Not all accusations of white-collar crimes are made in good faith, and even those that are can be incorrect or misinformed. Sadly, you will be impacted even if the allegations are false. These accusations can result in investigations, but even if the end result is innocence, your reputation could still be badly damaged.
What do you need to do to protect yourself against fraud charges?
The first thing you should know is that you have a right to speak with your attorney if there is even a hint that you could face charges or be a part of an investigation. Even if you’re not the primary party being investigated, it’s a good idea to get your attorney on board early and to catch them up to speed on what the investigation is about. Not doing so could result in your saying or doing something you didn’t know could affect you or result in your self-incrimination.
Another reason to speak with your attorney is to help with keeping this situation out of the media or with reducing the impact of the charges or investigation if the media does follow the story. In some cases, you may be able to reduce the likelihood of the media getting ahold of the story, so that you can protect yourself against the media’s impact.
What should you do if you’re arrested?
Don’t resist arrest, since that could make your situation worse. Instead, go with the police and remain silent until you get to speak with your attorney. You want your attorney there every step of the way to protect your interests and make sure the arrest and any charges placed are legal.
Fraud is a serious crime, and you can face harsh penalties if you’re convicted. The best thing you can do is quickly mount a defense, so that you have a better chance of walking away without a conviction or without harsh punishments.