What is the difference between a white collar crime and a federal crime?

White collar crime and federal crime are two terms that are often used interchangeably but have distinct meanings. White collar crime is a term used to refer to generally nonviolent criminal offenses that involve deceit, fraud, or the breach of trust. These types of offenses can include things like tax fraud, embezzlement, and bribery. White collar crimes are usually committed by people in positions of power or influence, such as business executives, politicians, or government officials. Federal crimes, on the other hand, are serious offenses defined by federal law that pertain to violations of the United States Code. These offenses may include but are not limited to things like fraud, racketeering, terrorism, money laundering, and various drug offenses. Federal crimes are often punishable by fines or imprisonment, and individuals can face much harsher penalties for federal crimes than for white collar crimes. In South Dakota, white collar crimes are investigated and prosecuted by the State Attorney General’s Office, while federal crimes are investigated and prosecuted by the US Attorney’s Office. In either case, individuals charged with a white collar crime or federal crime may face serious penalties, including imprisonment and hefty fines. It is important to understand the differences between white collar crimes and federal crimes and to seek the advice of a knowledgeable attorney in the event of criminal charges.

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What is the difference between a white collar crime and a federal crime?

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