White collar crime is loosely defined as fraud committed by a person or persons against an organization or corporation. It is non-violent and therefore termed “victimless”. However, according to the FBI, $300 billion is lost annually in the U.S. to white collar criminal activity. These crimes are varied and include money laundering, bankruptcy fraud, bribery, insider trading, embezzlement, computer crime, medical crime, public corruption, identity theft, environmental crime, pension fund crime, consumer fraud, occupational crime, securities fraud, financial fraud, and forgery.
