White-collar crimes are non-violent offenses committed for financial gain, typically by individuals or organizations in business settings. These crimes often involve deceit and can include activities like fraud, embezzlement, and money laundering. Unlike traditional crimes, white-collar crimes usually occur in professional environments and can have significant impacts on businesses and the economy.
The perpetrators of white-collar crimes are often trusted professionals, such as accountants or executives, who exploit their positions to commit illegal acts. These crimes can lead to severe consequences, including hefty fines and prison sentences, as well as damage to reputations and loss of public trust in institutions.