Charges of white collar crimes are very serious in Idaho. If convicted, penalties include prison time, fines, disgorgement of profits deemed improper, forfeiture of goods, and possible bans from industries or corporate positions. The specifics depend on the exact white collar crime you’re convicted of, but the legal penalties and social ramifications for any conviction can destroy your life.
To avoid the harshest punishments, it is essential to talk to an Idaho defense attorney as soon as you can. We are ready to listen to your situation in a nonjudgmental way and offer you our expert advice for protecting your freedom, property, and rights.
Contact Sawtooth Defense Lawyers today by calling (208) 644-8893 to schedule a free case evaluation.
White Collar Crime Laws in Idaho
There is no single law against white collar crime. This term is actually a generic descriptor that covers an entire range of possible offenses. Typically, an offense in this category involves some sort of intentional malfeasance that has to do with a business, corporation, investment, or similar entity or thing.
Examples of white collar crimes include:
- securities fraud
- intellectual property theft
- and similar nonviolent, potentially costly crimes
According to the Idaho Legislature’s site, most of these crimes fall under the legal category of theft since they involve illegally appropriating money or property from another person or a legal entity such as a company.
Penalties for White Collar Crime Convictions in Idaho
Since most white collar crime constitutes some type of theft according to Idaho law, we will present that state’s penalties for theft. If the amount in question is under $1,000, the crime qualifies as petit theft. Penalties for this, are a fine of up to $1,000 and up to a year in the county jail.
When is White Collar Crime a Felony in Idaho?
The cutoff value for theft to become the felony known as grand theft is only $1,000. Most white-collar crimes involve amounts higher than this. This means that if you’re convicted, you’ll most likely become a felon.
Penalties for grand theft in Idaho can be quite severe. Fines go up to $10,000, and you can spend up to 20 years in a state prison. You can be both fined and imprisoned for the same crime. You must spend a minimum of 1 year in prison if convicted of grand theft.
Notably, if the amounts in question are under $1,000, but are obtained as part of an overarching scheme (such as a Ponzi scheme), they are added up and charged as grand theft.
There are several other possible penalties for theft in Idaho, with the details of the crime determining the specifics. It is important to talk to a lawyer to learn the exact possibilities for your case.
Get a Free Case Evaluation from Our Idaho White Collar Crime Lawyer in Boise
If you have been charged with a white-collar crime in Idaho, it is imperative that you have a skilled Idaho defense attorney at your side. This is true no matter how baseless the accusations are or how great your reputation is.
A skilled defense lawyer can make the difference between losing everything and retaining your freedoms, money, and property. Contact us by phone at (208) 644-8893 or through our online form to schedule a Free White Collar Crime Case Evaluation today.