Month: April 2014

Stressed over Allegations of Insider Trading or Securities Fraud


Get Able Assistance from Qualified Lawyers

The term white-collared crime can be used to describe a wide variety of offences. By seeking the assistance of certified criminal lawyers, you can effectively defend yourself and assert your rights. In general, white collared offences are not criminal in nature and do not involve violence; they are usually committed for financial gain though fraud or deceit. Also, white-collared crime is usually (but not always) committed against organisations or companies. There has been a lot of debate recently about increasing the penalties against white-collared crime.

Different types of white-collared offences are listed below:

  • Insider trading: This type of fraud carries the most severe penalty for white-collared crime in Australia. The Australian Securities and Investment Commission (ASIC) can levy penalty costs upto $ 450,000 and/or imprisonment upto 10 years.