5 THINGS THAT QUALIFIES AS WHITE COLLAR CRIMES?
FRAUD
IT INCLUDES VARIOUS FORMS SUCH AS SECURITIES FRAUD,
INSURANCE FRAUD,
MORTGAGE FRAUD, TAX
FRAUD, CREDIT CARD
FRAUD, IDENTITY THEFT, AND WIRE FRAUD.
EMBEZZLEMEN T
EMBEZZLEMENT INVOLVES MISAPPROPRIATING FUNDS
OR ASSETS ENTRUSTED TO SOMEONE IN A POSITION OF TRUST, TYPICALLY AN EMPLOYEE OR A FINANCIAL
PROFESSIONAL, FOR PERSONAL GAIN.
LAUNDERING
THIS CRIME INVOLVES DISGUISING THE ORIGINS
OF ILLEGALLY OBTAINED MONEY OR PROCEEDS FROM CRIMINAL ACTIVITIES, MAKING IT APPEAR AS IF IT CAME FROM LEGITIMATE SOURCES.
MONEY
INSIDER TRADING
INSIDER TRADING IS AN OFFENSE THAT OCCURS WHEN INDIVIDUALS TRADE STOCKS, BONDS, OR OTHER SECURITIES BASED ON NON-PUBLIC, MATERIAL INFORMATION THAT THEY ACQUIRED THROUGH THEIR POSITION OR CONNECTION TO A COMPANY.
CORPORATE FRAUD
THIS ENCOMPASSES A RANGE OF DECEPTIVE PRACTICES
CONDUCTED BY CORPORATIONS OR THEIR EXECUTIVES, INCLUDING ACCOUNTING FRAUD, FALSIFYING FINANCIAL STATEMENTS, INFLATING REVENUES.
www.bajajdefense.com