How do plea agreements work in white collar crime cases?

Plea agreements are a well-known form of justice in California for white collar crime cases. A plea agreement is a legally binding agreement between a defendant and a prosecutor, wherein the defendant admits guilt in exchange for a reduced sentence or other concessions. In a plea agreement, the defendant can agree to plead guilty to the crime, agree to plead no contest, or agree to a lesser charge. The prosecutor may also offer the defendant certain concessions such as a reduced sentence or probation, or even a dismissal of the case. The defendant does not admit guilt but does agree to accept the plea bargain. In a plea agreement, the prosecutor and the defendant must both agree to the terms. The prosecution will weigh the evidence against the defendant and the defendant may be able to negotiate a better deal. If the defendant agrees to the terms of the plea agreement, the judge will then rule on its legality. In white collar crime cases, plea agreements are one of the most popular forms of justice. The terms of the agreement are beneficial for both parties as the defendant is able to avoid the potentially harsh sentence which would have been imposed without the agreement. The plea agreement also helps the prosecutor to keep the case off of their trial docket, which can be a significant cost savings for the government.

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