WHITE COLLAR CRIME
Goutham Reddy Chamala
Fairleigh Dickinson University (FDU)
“White-collar crime refers to financially motivated nonviolent crime committed by business and government professionals” (Edwin s, 1939). They are different types of white collar crimes are tax evasion, embezzlement and money laundering. Many types of frauds and scams fall into the white collar crime, with securities fraud and Ponzi schemes such as insider trading. The usual crimes, like tax evasion and insurance fraud also add up to white collar crimes.
Embezzlement is taking money from unknown to whom you owe some type of obligation. Very common example is embezzles a company employer money to his employee for example by transferring money
Goutham Reddy Chamala
Fairleigh Dickinson University (FDU)
“White-collar crime refers to financially motivated nonviolent crime committed by business and government professionals” (Edwin s, 1939). They are different types of white collar crimes are tax evasion, embezzlement and money laundering. Many types of frauds and scams fall into the white collar crime, with securities fraud and Ponzi schemes such as insider trading. The usual crimes, like tax evasion and insurance fraud also add up to white collar crimes.
Embezzlement is taking money from unknown to whom you owe some type of obligation. Very common example is embezzles a company employer money to his employee for example by transferring money