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A white-collar crime is a non-violent crime committed for financial gain or to obtain an advantage in a business or commerce setting. The term “white-collar” refers to these types of crimes committed by individuals who wear white collars and work in professional or business settings, such as securities fraud, tax fraud, mortgage fraud, embezzlement, cryptocurrency fraud, and similar offenses.
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Palm Harbor, FL criminal defense attorney Robert D. Eckard talks about white-collar crimes. He explains that a white-collar crime is a non-violent offense committed with the intention of financial gain or obtaining an advantage within a business or commerce environment. The term “white collar” refers to the individuals who typically commit these crimes, such as professionals working in professional or business settings. Examples of white-collar crimes include securities fraud, tax fraud, mortgage fraud, embezzlement, and cryptocurrency fraud, among others. These crimes often involve deceit, manipulation, or abuse of positions of trust for personal or financial gain.