What are the consequences of a white collar crime conviction?

If you are convicted of a white collar crime in Virginia, the consequences can be serious. The most common consequence is a criminal record, which can make it difficult for you to find a job or pursue certain professional licenses. You may also be required to pay a fine or restitution to the victim. In addition, if the crime is considered a felony, you could be facing a prison sentence of up to five years. Even if the crime is considered a misdemeanor, you could still be facing a jail sentence of up to one year. Furthermore, if the crime is considered a federal offense, you may be facing a longer period of incarceration and a significant fine. In some cases, you may be subject to supervised release if you are convicted of a white collar crime. This is a period of probation in which the court monitors your activities and makes sure you comply with all conditions of the release. Finally, you will likely lose your right to vote and own a firearm. You may also be prohibited from holding certain jobs or participating in certain activities. In short, the consequences of a white collar crime conviction can be severe. Therefore, it is important to consider your options and seek help from an experienced attorney.

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