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.
Judicial location, public interest, case complexity, and underrepresentation of white-collar related literature all have a significant effect on the way white-collar offenders are sentenced, punished, and perceived by the public.
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.Template:Crime-stub