What is pink collar crime?

On Behalf of | Apr 1, 2019 | Firm News, White Collar Crimes

The name may sound sexist, but the title of the CBS show aptly introduces a niche area of law: Pink Collar Crime. You and other New York residents may be interested in learning how traditional white collar crimes committed by women can differ from those attributed to men.

As you may already know, white collar crimes involve people who are placed in a position of trust, financially, by their employers. They may be accountants, bookkeepers, office managers or financial advisors. They can be anyone with knowledge and access to a business’s financial transactions, bank accounts, client information and financial history. White collar crime includes financial fraud, embezzlement and money laundering, as well as Ponzi schemes. As Forbes explains, pink collar crime doesn’t just pertain to white collar crimes that are committed by women, but also the reasons many women commit the crime or their subsequent emotional reactions to it.

For example, many women claim that did not intend to betray their company or to get caught up in a never-ending cycle of white collar crime, but they say they did so to get out of a dire financial situation and to help their families. Additionally, they say they felt deep remorse and often tried to prevent others from making the same mistakes after they served their time. Regardless of the reasons you are facing charges or how you are reacting to them, you deserve a fair and competent defense. This information, however, should not replace the advice of a lawyer.