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Simple English definitions for legal terms

white-collar crime

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A quick definition of white-collar crime:

Term: White-collar crime

Definition: White-collar crime is a type of crime that doesn't involve violence. It usually happens in business or work settings and involves cheating or being dishonest. Some examples of white-collar crime are lying to get money, stealing money from a company, giving money to someone to get something in return, and using secret information to make money.

A more thorough explanation:

White-collar crime

White-collar crime is a type of crime that usually involves cheating or dishonesty in business or financial matters. It is a nonviolent crime that is committed by people who work in offices or other professional settings. Examples of white-collar crimes include fraud, embezzlement, bribery, and insider trading.

  • A company executive who steals money from the company's accounts and uses it for personal expenses is committing embezzlement.
  • A stockbroker who uses insider information to make trades and profit illegally is committing insider trading.
  • A politician who accepts money from a company in exchange for political favors is committing bribery.
  • A business owner who creates fake invoices to overcharge customers is committing fraud.

These examples illustrate how white-collar crimes involve dishonesty and deception in business or financial matters. They are usually committed by people who have access to sensitive information or who hold positions of power and trust. White-collar crimes can have serious consequences for individuals and society as a whole, including financial losses, damage to reputations, and erosion of trust in institutions.

Whistleblower Protection Act | whiteacre

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shaquilleoatmeal
11:14
damn couldnt even get to Christmas dinner before this question lmao im not looking for anything serious rn so no updates lol
11:14
i made out with my ex in a stairwell the other day if you care. my only update
shaquilleoatmeal
11:14
oof
shaquilleoatmeal
11:14
twitter ex or a different ex
11:15
different ex
windyMagician
11:15
since its not Twitter dude I'll forgive it
shaquilleoatmeal
11:17
at least you did that before the new year, cant carry that baggage in 25
11:17
I think he thinks if I move to nyc we’re going to get back together
11:17
that’s not my plan tbh
jackfrost11770
11:18
this is so funny
shaquilleoatmeal
11:19
lmao damn wish id be classmates with this dude
shaquilleoatmeal
11:20
@cheriebomb: you never know what the future holds
jackfrost11770
11:20
also cherie fallen soldier
jackfrost11770
11:20
i got home at 8 am from the club and my neighbor was leaving to go biking. truly living in different worlds
11:20
i don’t fw him that heavy tbh
11:21
i get along better with his friends than i do with him
windyMagician
11:21
nah the hiking in Nike blazers deserves jail time
11:21
he was already vomiting and shitting in a hole I think he did his penance
windyMagician
11:26
call that restorative justice
11:35
they put a place in the UK second. I don’t trust their methodology
shaquilleoatmeal
11:35
im laughin cause it definitely isnt but the fact that some people this it is is comical
shaquilleoatmeal
11:35
tink*
shaquilleoatmeal
11:35
think jee
shaquilleoatmeal
11:35
jeez - im over it
11:37
imagine saying you want to go to boston for christmas 💀
shaquilleoatmeal
11:40
imagine you not wanting to go what lmao
13:55
not impressed by the fact that they have a park and some buildings. who doesn't
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