What Is White Collar Crime?

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    Embezzlement

    • Embezzlement is taking property owned by a person or business--usually money--while being entrusted with that property.

    Bribery and Blackmail

    • Bribery involves offering money, property or services to influence the actions or decisions of another person who usually is acting in an official capacity, such as a police officer or public official. Extortion--commonly called blackmail--is when one obtains money or property by force or threat.

    Fraud

    • Many types of fraud have been defined, including the areas of health care, taxes, credit cards, computer and Internet, mass marketing, and insurance.

    Judicial Process

    • Some other white collar crimes include obstruction of justice; that is when one interferes with the criminal process in some way. Perjury is also one, a crime in which one lies under oath during a judicial proceeding.

    Additional Types

    • A few more of the many types of white collar crime include identity theft, conterfeiting, forgery, price fixing to subvert free market operations, and insider trading.

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