Definition - What does White-Collar Crime mean?
White collar crime is a type of crime that is committed against a business or institution with financial motivators. Types of white collar crime include embezzlement, fraud, forgery, wire tapping, any technological related or cyber crime, or anything that does not have other motivations with the exception of financial factors. White collar crime is often undertaken by business men and people that are educated who work in jobs that require people to wear white collared dress shirts as opposed to blue collared service uniforms.
Justipedia explains White-Collar Crime
White collar crimes are all considered felonies and can bring very long jail terms. It is often the case that there are separate incarceration facilities for criminals who commit white collar crimes to keep them separated from crimes that are committed with violence.
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