Various White Collar Crimes "White collar crimes” are the crimes that typically involve financially motivated offenses committed by business and government employees or officials. Some of the most common white collar crimes are various types of fraud, money laundering, extortion, forgery, counterfeiting, embezzlement, and tax evasion etc. The various other frauds and scams that fall into the white collar crime bucket list include Ponzi schemes and securities fraud such as insider trading.
Types of Fraud and Scams
Bank Fraud: It’s a fraud against a banking institution. This type of fraud includes check fraud, check kiting, commercial loan fraud, and mortgage fraud etc. Bankruptcy Fraud: This includes misleading creditors, hiding assets, or illegally pressuring debtors.
Blackmail – It means demanding money in exchange for not causing any physical harm, or damaging any property etc.