Listen "Investment Term For The Day - White-Collar Crime"
Episode Synopsis
White-collar crime is a nonviolent crime committed for financial gain. According to the FBI, a key agency that investigates these offences. These crimes are characterized by deceit, concealment, or violation of trust. The motivation for these crimes is to obtain or avoid losing money, property, or services or to secure a personal or business advantage. Examples of white-collar crimes include securities fraud, embezzlement, corporate fraud, and money laundering. Some definitions of white-collar crime consider only offences undertaken by an individual to benefit themselves. But the FBI, for one, defines these crimes as including large-scale fraud perpetrated by many throughout a corporate or government institution.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
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