Question

Discuss the characteristicsof white collar crime with refrence to organised crime

Answer 1

White-collar crime is a term used to describe non-violent crimes, generally of a financial nature, that are committed by businesspeople or public officials. The term itself comes from the fancy button-up dress shirts that people in those professions are generally known to wear. White-collar crimes include such crimes as insider stock market trading, embezzlement, Ponzi schemes, bribery and fraud.While there are myriad differences between the two, similarities do exist between the two types of crime. Both terms refer to crimes that are committed within the guise of a legal operation, whether as a corporation or a legal cover business such as garbage hauling. Both terms include crimes that may not have individual victims so much as they have richer victims like defrauding businesses or embezzling government funding. And both terms generally refer to an extended series of crimes committed together in furtherance of profit, such as a combination of extortion, fraud and embezzlement. Some organized crimes are white-collar crimes.

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Answer 2

Answer:

an illegal act for which someone can be punished by the government especially : a gross violation of law. 2 : a grave offense especially against morality. 3 : criminal activity efforts to fight crime. 4 : something reprehensible, foolish, or disgraceful It's a crime to waste good food.2