Prepare a written discussion of the three(3) major areas of cost associated with white-collar crime. Apply your discussion to two (2) examples of healthcare fraud and two (2) examples of computer crime.
Cost Associated With White Collar Crime
Length: 4 pages (1100 Words)
Cost Associated with White-Collar Crime
White collar crimes refer to illegal activities committed by individuals who exploit technological, economic, and social powers or loopholes through their jobs for corporate and personal gains. The term was first used by Edwin Sutherland when he associated politicians, high-ranked professionals, and business people to illegal activities used for financial or other benefits. White collar offenses also include cyber crimes, intellectual property misconducts, and heath care fraud. These crimes involve conspiracy, embezzlement, bribery, money laundering, obstruction of justice, tax crimes, perjury, regulatory, and antitrust violations (Levi, 2013).
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