White Collar Crime


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White Collar Crime

A crime committed by an office worker within the context of his/her job, especially when the worker is educated or respected. For instance, a bank employee may divert pennies from customers' to his/her own account. White-collar criminals take advantage of their positions in the commission of their illegal acts. Ordinarily, white-collar crimes involve money; major examples include embezzlement, money laundering and some computer crimes. While white-collar crimes may appear victimless in their commission, they may have broader ramifications than street crimes such as burglary or theft. For example, a robber can only steal from one person or home at a time, while a white-collar criminal can embezzle funds from thousands or millions of investors.
References in periodicals archive ?
He joins Linklaters as Of Counsel from White & Case to be responsible for the continued development of the law firm s competence in the area of white collar crime.
Crimes like money laundering and securities fraud are way down the list in terms of closed cases because the voluminous documentation involved in white collar crimes requires significant resources to detect, investigate, and successfully prosecute.
We publish the Annual Survey of White Collar Crime with the hope that it can serve as a reference material of particular use to practitioners who find themselves in an unfamiliar area of law.
May was previously Chair of the White Collar Crime Section of the National Association of Criminal Defense Lawyers and his is a past Co-Chair of the Defense Function Services Committee of the Criminal Justice Section of the American Bar Association.
On taking office, I raised a number of cases of white collar crime with the Garda Commissioner and I am being briefed on an ongoing basis.
it is easy to say that this is not white collar crime.
The White Collar Crime Research Consortium, for instance, is composed primarily of academics and anti-white collar crime expert practitioners.
Green, The Concept of White Collar Crime in Law and Legal Theory, 8 BUFF.
That made me realize for the first time that I could use my accounting skills to fight white collar crime, drug trafficking and money laundering.
White collar crime is in vogue with prosecutors, Pergola says, making it much easier to get law enforcement officials interested in cracking a fidelity case.
The report, "The Measurement of White Collar Crime Using Uniform Crime Reporting Data," used the National Incident Based Reporting System (NIBRS), which provides arrest information for five separate types of white-collar crime -- fraud, bribery, counterfeiting/forgery, embezzlement and other white-collar offenses.
This means that less than eight percent of white-collar crimes reached the proper authorities, according to the National Public Survey on White Collar Crime, a groundbreaking survey conducted by the National White Collar Crime Center (NW3C), a nonprofit, Federally funded organization that supports state and local police in their efforts to prevent, investigate, and prosecute economic and high-tech crime.