White-Collar Crime

Jacquelin Mata

White -Collar Defined

White-collar crime encompasses a variety of illegal activities- including bribery, forgery, investment schemes, and con-games- designed to take the money of unsuspecting victims.

Fact:

There are many white-collar crimes and they can be organized into three different categories. The three categories involve occupational crime, individual fraud, and corporate crime

Current estimates place the annual cost of white-collar crime between $300 and $600 billion.

Fact:

The FBI estimates the annual cost of check fraud to commercial banks and other institutions at $12 billion to $15 billion.

OPINION

White-collar crime isn't a major issue, but it should be taken care of because it costs money.

WORKS CITED

Payne, Brian K. “White-collar Criminals Often Do Prison Time.” Incarcerating White-collar Offenders. Springfield, IL: Charles C. Thomas, 2003. Rpt. in White-collar crime. Ed. Kelly Wand. Detroit: Greenhaven Press, 2009. Opposing viewpoints. Opposing Viewpoints in Context. Web. 26 Jan. 2015.

“White-Collar Crime.” Opposing Viewpoints Online Collection. Detroit: Gale, 2014. Opposing Viewpoints in Context. Web. 26 Jan. 2015.