Annotation
White-collar crime (or corporate crime, more accurately) refers to financially motivated, nonviolent crime committed by businesses and government professionals. The term "white collar crime" has sprung up in recent years and now pervades our media. Many of us have an abstract understanding of what white collar crimes entail. We may have vague notions of rich Wall Street investors sitting in their lofty high rise offices, collecting money through duplicitous means. But what are white collar crimes actually, and how do they differ from corporate crimes. White collar crimes are non-violent, financial crimes. When an individual uses deceptive means to achieve personal financial gain, this is considered a white collar crime. Common examples of white collar crimes are embezzlement, money laundering and fraud. Corporate crime deals with the company as a whole. The crime benefits the investors or the individuals who are in high positions in the company or corporation. White-collar crime and corporate crime are similar because they take place within the business world. The difference is that white-collar crime benefits the individual(s) involved, and corporate crime benefits the company or the corporation, usually high ranking individuals within the corporation. This book is debates and ideas associated with theory, research and practice in the area of white-collar and corporate crimes.
