| White collar crimes are perhaps the most | | | | every single day. |
| commonly committed crimes that happen today. | | | | Computer crime is also a growing white collar |
| And just like any type of crime, white collar | | | | crime. Computer crime can range anywhere from |
| crimes come with punishments. Sure, the | | | | identity theft to insider trading. If it involves a |
| punishment may not be as harsh as robbing a | | | | computer that is being used to access the |
| bank or committing a murder, but the | | | | Internet and commit a crime, then it is considered |
| punishments can be quite harsh on a person's | | | | a white collar crime. This is something that poses |
| wallet and, yes, there are individuals who do | | | | a very stiff penalty. There are individuals serving |
| spend time behind bars. Take Martha Steward, | | | | prison time for computer crimes and they are |
| for example. She was found committing what can | | | | serving rather long sentences. |
| be considered a white collar crime and she ended | | | | The punishments |
| up serving time for what she did. | | | | Many of the punishments are done in the way of |
| But what exactly are white collar crimes? Many | | | | paying high fines for the crimes committed, but it |
| individuals wonder what the difference between a | | | | really depends on the crime that has been |
| white collar crime and other types of crimes. | | | | committed. It is almost inevitable that someone |
| Some don't think there is a difference at all. The | | | | who goes to prison has to pay exorbitant fines as |
| truth is that there is a difference. | | | | well. This is so they can compensate the |
| What is it? | | | | individuals they have hurt through their white collar |
| A white collar crime is a very intricate crime. A | | | | crimes. Some people are so rich that this doesn't |
| white collar crime is a crime committed by a | | | | hurt them and they have no trouble getting back |
| person while working within their occupation. In | | | | on their feet when it is all said and done. But there |
| other words, it is a crime that involves the work | | | | are other individuals who are not so lucky. |
| that a person is doing. For example, individuals | | | | So if you ever hear the term "white collar crime," |
| may embezzle money out of the business. This is | | | | you now know what it is. It is a very intricate |
| considered a white collar crime. A cashier may be | | | | crime. Usually, a person has to do a lot of |
| found dipping into the register. They may just be | | | | scheming and planning when it comes to |
| fired for this crime or the company may decide | | | | committing these crimes. Being that they are |
| to take criminal action against them. | | | | usually committed in the workplace, they have to |
| One of the most common white collar crimes is | | | | find ways to get around tight systems and the |
| bankruptcy fraud. This is where an individual may | | | | eyes of everyone they work with. But the truth |
| not report all of their assets when filing | | | | is that these individuals are frequently caught. |
| bankruptcy. A company may also commit the | | | | Hardly anyone gets away with dipping into funds |
| same crime. This is considered fraud because it is | | | | or doing other things that result in financial gain for |
| possible to receive money back from the | | | | them. The evidence is usually so extravagant that |
| creditors in order to assist in getting back on your | | | | it is hard to get away with one of these crimes. |
| feet. If assets are not considered and this money | | | | Many systems that businesses implement are |
| is received, then that can be considered stealing. | | | | simply too advanced to be manipulated for long. |
| This is something that seems to be occurring | | | | |