White-Collar Crime
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A White-Collar Crime is a financially motivated nonviolent crime that is committed by a white-collar worker (a white-collar criminal).
- Context:
- It can range from being a For-Profit Organization White-Collar Crime to being a Not-for-Profit White-Collar Crime.
- Example(s):
- by Charles Ponzi.
- by Bernie Ebbers.
- by Bernie Madoff.
- by Mobutu Sese Seko.
- by Fulgencio Batista (1901-1973).
- by Ferdinand Marcos (1917-1989).
- by Jean-Claude Duvalier (1951-2014).
- …
- Counter-Example(s):
- See: Forgery, Crime, Criminology, Fraud, Bribery, Ponzi Scheme, Insider Trading, Racketeering, Embezzlement, Cybercrime, Copyright Infringement.
References
2016
- (Wikipedia, 2016) ⇒ https://en.wikipedia.org/wiki/white-collar_crime Retrieved:2016-12-16.
- White-collar crime refers to financially motivated nonviolent crime committed by business and government professionals. Within criminology, it was first 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". Typical white-collar crimes include fraud, bribery, Ponzi schemes, insider trading, labor racketeering, embezzlement, cybercrime, copyright infringement, money laundering, identity theft and forgery.
2016
- https://www.theatlantic.com/business/archive/2016/12/pyschology-white-collar-criminal/503408/
- QUOTE: ... described their conduct bluntly. “Morals go out the window when the pressure is on,” ... “When the responsibility is there and you have to meet budgetary numbers, you can forget about morals.”