Across the country, attorneys general in nearly every state have made an increased effort to combat identity fraud. One way in which they are doing so is pressuring the Social Security Administration to move faster when identifying identity theft. The Attorney General of Tennessee has joined with the attorneys general of 42 other states and the District of Columbia to lobby the SSA for changes.
In many cases, the Internal Revenue Service has three years to audit a tax return. However, if a Tennessee resident fails to report 25 percent or more of his or her income, the government gets six years to audit the return. Generally speaking, this is considered a criminal matter, and the IRS is held to the beyond a reasonable doubt standard of proof.
Tennessee residents who attempt to defraud online victims may be charged with offenses related to internet fraud. This type of crime includes using software with internet access or internet services to deceive victims in some manner. Every year, millions of dollars are stolen from people online, and the internet crime schemes responsible for the theft have many forms.
In the state of Tennessee, identity theft is a felony punishable by up to 12 years in prison and a fine of $5,000. Furthermore, the state may recoup legal costs in a criminal case in addition to a prison sentence and fine. In a civil case, victims of identity theft can be awarded up to three times their actual damages. They may also be awarded the greater of $10,000 or $5,000 a day that their identity was assumed.
If you have heard stories of people being accused of embezzling in Tennessee, you probably have some idea that embezzlement entails some form of theft. However, if you ever find yourself on the other end of an embezzlement accusation, understanding a bit more about these types of allegations will be important as you move through your defense process.
Tennessee residents who are charged with any form of criminal offense, including a white collar crime, may have the opportunity to enter into a plea bargain with prosecutors. This can sometimes lessen the consequences a person may face and also eliminate any uncertainty associated with going to trial. However, it may also require them to plead guilty instead of pursuing their innocence.
In the last couple of decades, identity theft has become a hot topic in Tennessee and around the nation as our world has become increasingly digital. However, many people may not realize that what can be construed as identity theft includes an extremely broad range of things. In short, identity theft is not simple and many things can lead a person to being accused of this type of white collar crime. Understanding these is important.
Many Tennessee residents have an entrepreneurial spirit that leads them to be involved in a variety of business dealings. Sometimes, these ventures may walk the line between what can be considered smart business practice and unethical and even criminal action. People who are accused of white collar crimes understand how thin this line can actually be.
Tennessee residents know that there are a variety of crimes that people can be charged with. These range from violent crimes like murder to white collar crimes like embezzlement. While the level and nature of harm that may be involved with different offenses vary greatly, the severity of the penalties involved may appear similar. Felony charges for a white collar crime can still lead to a lengthy prison sentence just as can felony charges for other crimes.
Tennessee residents accused of crimes like money laundering can know how fine the line is in these situations between criminal activity and misunderstood realities. Evidence in these cases is very important in helping to identify the difference.