What is white-collar crime exactly?
White-collar crime is a broad term that covers a variety of nonviolent crimes that are alleged to involve cheating in one form or another. Examples of white-collar crime include allegations of fraud in its various forms, bribery, insider trading, environmental crime, embezzlement, forgery, tax evasion, kickbacks, and money laundering. According to the FBI, white-collar crimes total more than $300 billion annually.