What are the federal sentencing guidelines for white collar crimes?
The federal sentencing guidelines for white collar crimes are based on the severity of the crime. Crimes of a less severe nature, such as bribery and fraud, may carry a prison sentence of one year or less, while more serious crimes such as money laundering and cybercrime could carry sentences of up to 30 years or more. Additionally, the value of the goods, services, or money that were involved in the crime will also impact the length of the sentence. In South Dakota, white collar crimes are prosecuted under Title 22 of the South Dakota Codified Laws. The penalties for white collar crime convictions vary greatly depending on the nature and severity of the offense. For example, bribery is a Class 5 felony that carries a maximum sentence of 5 years in prison, while embezzlement of public funds is a Class 4 felony that carries a maximum sentence of 10 years in prison. Furthermore, depending on the nature of the white collar crime, the perpetrator may also be subject to fines, restitution, and civil action from the victims of the crime. It is important to note that any white collar crime convictions in South Dakota will result in a permanent criminal record, and will likely have long-lasting effects on an individual’s ability to find employment or obtain housing.
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