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white-collar crime

any of various crimes, as embezzlement, fraud, or stealing office equipment, committed by business or professional people while working at their occupations.
Related forms
white-collar criminal, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for white-collar crime
  • Some would argue you built your reputation on not being afraid to pursue white-collar crime cases.
  • That's why white-collar crime is such a moving target.
  • white-collar crime fighters and attorneys are wielding a powerful legal tool to resolve cases against scandal-plagued companies.
Contemporary definitions for white-collar crime

any illegal act, such as embezzlement, fraud, or theft, that capitalizes on a person's high status in their business or workplace's 21st Century Lexicon
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Encyclopedia Article for white-collar crime

crime committed by persons who, often by virtue of their occupations, exploit social, economic, or technological power for personal or corporate gain. The term, coined in 1949 by the American criminologist Edwin Sutherland, drew attention to the typical attire of the perpetrators, who were generally businesspeople, high-ranking professionals, and politicians. Since Sutherland's time, however, such crimes have ceased to be the exclusive domain of these groups. Moreover, developments in commerce and technology have broadened the scope of white-collar crime to include cybercrime (computer crime), health-care fraud, and intellectual property crimes, in addition to more-traditional crimes involving embezzlement, bribery, conspiracy, obstruction of justice, perjury, money laundering, antitrust violations, tax crimes, and regulatory violations.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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