White-collar cybercrimes involve using technology to commit fraud, theft or other financial crimes. These offenses are non-violent but can have significant financial and legal consequences.
The authorities in Texas take these crimes seriously. Below is some key information on the most common white-collar cybercrimes and their potential penalties.
Common white-collar cybercrimes in Texas
White-collar crimes come in several formats, but these are some of the most notable examples:
- Online fraud: This includes scams where perpetrators use the internet to deceive victims into giving up money or sensitive information. Texas Penal Code § 32 outlines various forms of fraud, including false representations made online for personal gain, such as credit card fraud or wire fraud.
- Identity theft: In Texas, it is a criminal offense to use someone else’s personal information for fraudulent purposes. Cybercriminals often steal information through phishing, hacking or data breaches to access bank accounts or apply for unauthorized loans.
- Computer hacking: Gaining unlawful access to computer systems is also a criminal act in Texas. This includes hacking into private networks to steal sensitive data, financial information or intellectual property.
The potential penalties for these offenses can be serious and depend on the specific circumstances of each case. For instance, hacking into a government computer framework can lead to more severe penalties.
Penalties for white-collar cybercrimes in Texas
Charges for white-collar cybercrimes should not be taken lightly, as the penalties can be severe. Below are some potential penalties for convictions:
- Online fraud: If the fraud involves a substantial amount of money or multiple victims, the offense can be classified as a felony. Penalties may include a prison sentence of up to 10 years and a fine of up to $10,000, depending on the amount involved.
- Identity theft: A conviction for identity theft in Texas can have serious consequences. If convicted, the prison sentence can be up to 10 years.
- Hacking: This crime can be classified as a felony under Texas Penal Code § 33.02. Penalties can range from 180 days to 2 years to more significant prison sentences for severe cases.
If you have been charged with any of the offenses mentioned, it’s important to consider your defense and seek legal guidance.