2007-07-09 14:56:42 · 4 answers · asked by timothy h 1 in Politics & Government ➔ Law & Ethics
simple answer. if you hurt one person physically or financially you are a criminal and if you hurt thousands of people at one well you are a white collar criminal.
2007-07-09 15:03:06 · answer #1 · answered by thebestbotintexas 2 · 0⤊ 0⤋
Depending on exactly the type of violation - But normally, yes, fraud is considered a white collar crime / Did you ever hear about the ENRON case ?
2007-07-09 15:04:29 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Enron.....that was a white collar crime. If the janitor did it,..it would be a blue collar crime....if the CEO does it....its a white collar crime. Get it?
2007-07-09 15:03:50 · answer #3 · answered by kajun 5 · 0⤊ 0⤋
"White Collar" crime is not a formal designation.
Basically, it refers to non violent crimes where the criminal action involves paperwork -- securities fraud, embezzlement, and similar activities.
Similarly "corporate crime" may be any criminal activity engaged in by a corporation. In addition to 'white collar' crimes, this could include consumer fraud, environmental regulatory violations, malfeasance (intentional product defects) that harms consumers, etc.
2007-07-09 15:12:02 · answer #4 · answered by coragryph 7 · 0⤊ 0⤋