What is white-collar crime?
White Collar Crimes generally refer to non-violent activities that entail hiding, deceiving, distorting, or providing false information, typically committed by professionals and individuals in industries associated with white-collar work, such as healthcare, financial services, investment, bookkeeping, and insurance, as well as by government representatives. Instances comprise of Healthcare Fraud, Insurance Fraud, Financial Institution Fraud, Tax Evasion, Securities Fraud, Pyramid Schemes, Credit Card Fraud, Misappropriation, Money Laundering, Mortgage Fraud, Computer/Internet Fraud, and bribery/corrupt transactions.
White-collar crime, also known as “paper crime,” generally pertains to non-violent financial offenses involving deceit or fraud committed in business or commercial settings. Illustrations encompass illegal stock exchange activities, misappropriation, fraudulent securities schemes, and tax fraud.
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