What are the consequences of a white collar crime conviction?
If you are convicted of a white collar crime in Texas, you can expect to face several serious consequences. Depending on the severity of the crime and your criminal history, you may face a combination of hefty fines, jail time, probation, and restitution. In Texas, white collar crimes can be prosecuted as either a misdemeanor or felony, and the associated punishments can vary widely according to the severity of the crime and the defendant’s criminal history. In general, misdemeanor charges may carry a sentence of up to one year in jail and fines up to $4,000. Felony charges can carry prison sentences of two years or longer, and fines of up to $10,000. Additionally, a conviction for a white collar crime in Texas can have long-lasting consequences. You may be ineligible for certain jobs, and professional licensure could be revoked or denied. A white collar crime conviction can also damage your reputation, making it difficult to secure loans, housing, and other forms of financial assistance. Overall, white collar crimes are taken seriously. If you are convicted of one of these offenses, you should expect to face consequences that could affect you both immediately and for years to come.
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