Different Factors That Motivate White Collar Crimes

White collar crimes are very common but the most unfortunate thing is that this field of law is relatively not well understood or studied properly. In fact, that is the main reason why people who commit such crimes easily slip through the legal cracks with minor penalties and massive profits. It is very important to note that these types of crimes are costing the society a lot more than other crimes, such as burglary and robbery. Murders cause very little number of deaths as compared to the number of deaths caused by inadequate pharmaceutical testing and other such corporate mishaps. Therefore, it is very important for everybody to have at least the basic understanding on what these types of crimes are and what motivates people to commit such crimes. Following is a brief rundown on it.

Different Types Of White Collar Crime

When a respectable person who has high social status gets involved in some kind of monetary fraud, it is referred to as a white collar crime. The employees of a company may commit an array of legal offenses, including forgery, identity theft, money laundering, copyright infringement, computer crime, embezzlement, insider trading, bribery, and fraud.