White Collar Crimes-High Class Officials Doing Dirty Deeds
Common white collar crimes
While it would be a challenge to identify all possible white collar crimes because they are so broad, there are several that are quite common:- Bribery or Extortion – essentially someone influencing another to perform an official act, or being persuaded to do (or stop from doing) something in violation of their official duties. It is common for bribery to occur in government entities. Both the briber and receiver can be prosecuted for participating in a bribe, whether it was only promised or actually occurred. Extortion is usually referred to as blackmail.
- Embezzlement – this is when someone takes money or property through misuse of their official position of trust. This is one of the white collar crimes that can be committed under many different appearances. It can be as simple as pocketing some cash, or as complex as transporting millions through electronic bank accounts.
- Fraud – fraud is quite rampant in the business arenas. There are many different types of fraud, including: healthcare fraud, tax fraud, credit card fraud, insurance fraud, internet fraud, and mail fraud. The basics of fraud is that someone, usually a business professional, lies about their product or service with the intent of persuading someone to trust the lie and give up something of value.
- Obstruction of justice – this is one of the white collar crimes that has a very broad scope, including many varieties of acts. It is basically acting in any way to interfere with one of the three branches of government.
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