What is the difference between a misdemeanor and a felony?
The difference between a misdemeanor and a felony is important to understand when it comes to white collar crimes law in New Jersey. A misdemeanor is a type of crime that is considered less serious than a felony. Misdemeanors typically involve smaller fines or jail times, if any at all. Examples of misdemeanors include things like petty theft, public intoxication, and trespassing. On the other hand, a felony is a more serious crime that is typically punishable by more than one year in prison. Examples of felonies include things like murder, rape, and drug trafficking. In New Jersey, white collar crimes such as fraud, embezzlement, and money laundering can all be considered felonies depending on the severity and circumstances. In general, the major difference between a misdemeanor and a felony is the severity of the crime. Misdemeanors are viewed as less serious offenses and typically have shorter jail sentences and smaller fines than felonies. This is why it is important to understand the difference between these types of crimes when looking at white collar crimes in New Jersey. Knowing the difference between these two types of crimes can help you understand what type of punishment could be issued for certain white collar crimes.
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