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White Collar Crime

   Also found in: Legal, Encyclopedia, Wikipedia 0.01 sec.
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.


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com/wadsworth Now in a fully updated and expanded fourth edition, TRUSTED CRIMINALS: WHITE COLLAR CRIME IN CONTEMPORARY SOCIETY provides the latest noteworthy cases and developments in fraud in all kinds of industries, from sub-prime mortgage loans and illegal activity in pharmaceutical circles to insurance scams.
Canada's Justice Minister Robert Nicholson on Tuesday proposed beefing up jail terms for white collar crimes and requiring offenders to make restitution to victims.
She was found committing what can be considered a white collar crime and she ended up serving time for what she did.
 
 
 
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