Image of attorneys and staff at Brunvand Wise, P.A.

The Strong Defense
You Deserve

Text Us Now

Navigating potential deals for white collar crimes in Florida

On Behalf of | May 31, 2023 | White Collar Crimes

White collar crime is a broad term that refers to non-violent crimes typically committed in business settings. These crimes often involve fraud, embezzlement and insider trading, among others.

Facing charges for a white collar crime in Florida can be a daunting experience, and one might wonder if a deal is possible to lessen the charges or penalties. This article explores that question, providing some general insight into the matter.

Understanding plea deals

A plea deal, or plea bargain, is an agreement between a defendant and the prosecution. The defendant agrees to plead guilty to a lesser charge or fewer charges in exchange for a more lenient sentence or even dismissal of some charges. Prosecutors might offer plea deals to expedite the court process and ensure a conviction.

Plea deals in white collar crimes

Plea deals are common in the American criminal justice system, including white collar crime cases. However, whether one can get a deal depends on several factors. These include the severity of the crime, the evidence against the defendant and the prosecution’s confidence in their case.

Additionally, the defendant’s past criminal record, the potential impact on victims and the public interest in the case can influence whether the court offers a plea deal. In high-profile white collar crime cases, plea deals can sometimes attract criticism, as some see them as lenient treatment for serious offenses.

Risks and benefits of plea deals

A plea deal might seem like a way out of a difficult situation, but it comes with its own risks. Accepting a plea deal means admitting guilt to a crime. This admission can have long-lasting consequences, especially for professionals in sectors where reputation is crucial.

On the other hand, a plea deal can offer benefits. It can provide certainty in an unpredictable situation. Trials can be lengthy, expensive and stressful, and their outcomes are never guaranteed. By accepting a plea deal, a defendant might be able to reduce their sentence, save money and resolve their case more quickly.

FindLaw Network