White Collar Crimes: Let’s Discuss
white-collar crimes are defined as non-violent crimes, generally committed by businessmen and government professionals. crimes committed by people who acquire important positions in a company are called white-collar crimes. Difference between white-collar crime and blue-collar crime Blue-collar crimes refer to people who work physically, using their hands like robbery. Whereas white-collar crimes refer to knowledgeable workers, who use their knowledge to commit crimes. white-collar crimes are people at a higher position in a company they have easy, direct, and valid access to their targets. Common types of white-collar crime in India 1. Bank fraud- Bank fraud is a criminal act where a person, by illegal means, withdraws either money or assets from the bank. The fraud can also occur when a person falsely represents himself to be a bank or financial institution and withdraws money or assets from the people 2. Cellular phone fraud -...