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00:04
generally white-collar crime
00:07
um starts with the word white which is
00:09
not should not be lost on anyone
00:11
it’s businessman crime they are
00:14
generally fraud
00:15
cases that is a big part of what we do
00:20
so they could be professionals charts
00:22
they could be professionals dealing with
00:24
insurance companies
00:25
and medical professionals unfortunately
00:29
often
00:30
take shortcuts and they will over bill
00:33
here and there and the next thing they
00:35
know the fbi is in their office
00:37
there was the mortgage fraud crisis we
00:40
spent nine weeks in trial in a mortgage
00:42
fraud
00:43
case there are ways you deal with your
00:46
banks
00:47
and how you may fudge records to your
00:50
banks and
00:52
you may inflate and the story may sound
00:54
familiar
00:55
you may inflate the value of your things
00:58
on to one set of people
00:59
and make it less to the other set of
01:01
people so you can get what you want
01:04
but the scariest thing in life is the
01:05
fbi comes to your door
01:07
and they don’t answer it they just leave
01:09
a card the fbi will say we want to talk
01:11
to you
01:12
you know if you answer the door they’re
01:14
oh so friendly and we just want to talk
01:16
to you and
01:17
every single thing you say is taken down
01:21
and will absolutely be used against you
01:25
so white-collar crime is simply
01:26
businessmen committing crime
01:28
the other difference is and i am sorry
01:31
to say this but i believe it’s true
01:32
after all these years
01:34
white-collar crime the sentences are
01:36
less
01:37
uh street crime and you can go to jail
01:41
for
01:42
eight years for selling personal use
01:44
drugs
01:45
you can get probation for stealing five
01:47
hundred thousand dollars
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Cleveland, OH criminal defense attorney Jay Milano talks about white collar crime cases.