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.
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References in periodicals archive ?
drug dealing, and white collar crimes, such as mortgage frauds."
Corporate and white collar crime; cases and materials, 5th ed.
percentage of workers who are usually in the lower ranks of an organization and have access to health-promotion initiatives in the workplace, it begs the question of whether worksite wellness programs are correlated with white collar crime. Past research has been inconclusive, as the findings that lower-level employees, including those seemingly in need of worksite wellness initiatives the most, are unfortunately the least likely to use those programs, perhaps a direct consequence of these employees typically facing higher health cost claims upon their participation (Haynes, Dunnagan, and Smith, 1999).
A former federal prosecutor, who now advises white collar criminal defense attorneys, identifies attempts by white collar crime suspects to cover up their crimes as one of their biggest mistakes: "a dangerous pitfall occurs when the client starts falsely denying culpability about the specifics of his alleged offense..." [5] Experienced fraud investigators know that many financial scam operators will consent, sometimes eagerly, to an interview.
HOUSEHOLD is now the victim of white collar crime, according to new research conducted by the National White Collar Crime Center.
Chief Justice Saqib Nisar remarked he repeatedly said new law for white collar crime but the government is not taking measures in this regard.
Prime Minister Imran Khan has emphasized upon the need for greater coordination between Federal Investigation Agency (FIA) and National Accountability Bureau (NAB) to fight white collar crimes and other corrupt practices.
Lahore -- Chief Justice of Pakistan Mian Saqib Nisar will address a workshop to be organized jointly by Supreme Court Bar Association and Garrison University on how to counter white collar crimes.
ISLAMABAD: In the view of the claims made by major political parties that the white collar crimes have become the biggest hurdle in the development of the country, legal experts are debating whether there is a need to bring in new legislation to improve the conviction rate for the white collar crimes, according to a report by a private media outlet.The discussion in the legal circles revolves around whetherthe standard of proof regarding corruption and corrupt practices should be the balance of probabilities, which allows interference from circumstantial evidence or beyond a reasonable doubt.
His duty is to investigate white collar crimes and this takes more than a year to complete.
Expertise in probing white collar crimes are required to investigate Panama leaks, which I do not have, he said.
Vinita Juneja, Senior Vice President and Co-Chair of NERA's White Collar Criminal Litigation, Investigations, and Compliance Practice, NERA Economic Consulting will speak at the Knowledge Group's webcast entitled: “Financial Fraud and White Collar Crimes: A 2014 Perspective.” This event is scheduled for May 7, 2014 from 10:00 am - 12:00 pm (ET).