What are the federal sentencing guidelines for white collar crimes?
Federal sentencing guidelines are the standard rules established by federal judges for determining the appropriate sentences for criminal offenses. In Tennessee, the federal sentencing guidelines for white collar crimes are established by the U.S. Sentencing Commission. These guidelines outline a system of punishments based on the severity of the offense and its harm to society. The federal sentencing guidelines for white collar crimes are divided into two levels. Level one offenses are the most serious and include fraudulent activities that cause large financial losses or put people’s lives at risk. Level one offenses may carry punishments of up to 20 years in prison and fines of up to $250,000. Level two offenses are less severe offenses such as fraud and embezzlement. They may carry punishments of up to 10 years in prison and fines of up to $250,000. In addition to the criminal penalties, sentences for white collar crimes also may include restitution payments to victims of the crime. Victims may be compensated for the losses caused by the criminal activity. The federal sentencing guidelines are set forth in the U.S. Criminal Code and are meant to ensure that punishments for white collar crimes are consistent throughout the United States. The guidelines are designed to promote public safety and discourage people from engaging in criminal activity.
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