created by Karimov Abror What is white collar crime ? White-collar crime is a nonviolent crime often characterized by deceit or concealment to obtain or avoid losing money or property, or to gain a personal or business advantage. How was it invented ? A sociologist and criminologist, Edwin Sutherland, invented the phrase “white-collar crime” in 1939. Prior to his writings on the subject, many people resisted believing that members of the “upper class” engaged in criminal activity. Most experts agree that the economic impact of white-collar crime is far more costly than ordinary crime. White-collar crime can endanger employees through unsafe working conditions, injure consumers because of dangerous products, and cause pollution problems for a community. Statistics . ● White-collar crime cost the United States 300 billion dollars compared to the 428 million due to robbery back in 2019. Preventing this crime !!! "Even senior executives find it hard to define exactly what constitute fraud or unethical business practices," Loxton says. "Understanding what is unacceptable is the essential first step in preventing it from happening – and alerting potential whistle-blowers." If there is an idea about white collar crimes in your mind , I’ll be happy finished by KARIMOV ABROR
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