White-collar Crime

White-collar crime is a financially motivated, nonviolent crime committed for illegal monetary gain. Within the field of criminology, white-collar crime initially was defined by sociologist Edwin Sutherland in 1939 as "a crime committed by a person of respectability and high social status in the course of his occupation". Sutherland was a proponent of symbolic interactionism and believed that criminal behavior was learned from interpersonal interactions. White-collar crime is similar to corporate crime as white-collar employees are more likely to commit fraud, bribery, Ponzi schemes, insider trading, embezzlement, cybercrime, copyright infringement, money laundering, identity theft, and forgery.

Read more about White-collar CrimeHistorical Background, Definitional Issues, Punishment, Common Misconceptions of White-collar Crime

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Common Misconceptions of White-collar Crime
... Additionally, employees of a company can become victims of white-collar crime ... their jobs if their employer is charged with a white-collar crime such as fraud or embezzlement, incurs losses, and declares bankruptcy ...

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