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Encyclopedia > White collar crime

White-collar crimes (a term coined by Edwin Sutherland in 1939) or Business crimes are those crimes specifically performed by white collar employees. They include fraud and bankruptcy fraud, bribery, insider trading, embezzlement, computer crime and forgery.


It is estimated that a great deal of white collar crime is undetected.



Such crimes are often contrasted against violent crimes (such as rape or murder) or blue-collar crime (such as vandalism or shoplifting). The term derives from the characteristic white-collar shirts worn by lawyers, bankers and other professionals associated with such crimes.


  Results from FactBites:
 
Frank Rubino | Miami Florida Federal White Collar Crime Attorney FL Criminal Lawyer (983 words)
White collar crimes are usually less violent than other crimes, but their effects can be just as devastating, such as in the recent Enron case.
It is important to hire a federal white collar criminal defense attorney as soon as a criminal investigation is underway.
Crimes that do not involve physical violence, and that relate largely to financial matters, are often called "white collar crimes." White collar crimes involve most of the same legal principles as do other crimes, and people charged with white collar crimes have the same rights and protections as defendants accused of other crimes.
  More results at FactBites »

 
 

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