White collar crimes are usually
crimes of theft and deception committed by professional people as opposed to other crimes that use force.
White collar crimes can be prosecuted at the
state level or
federal level, or both. Crimes such as computer fraud, telemarketing fraud, tax fraud, insurance fraud and crimes committed under the jurisdiction of commodities law and securities law also fall under the definition of
white collar crimes. More commonly used white collar terms are defined below:
Corrupt payment or receipt of anything of value in return for official action.
The fraudulent conversion of property of another by a person in lawful possession of that property.
Forcing a person to give up property through the use of violence, fear or under pretense of authority.
The making or altering of a false writing with intent to defraud.
An intentional perversion of truth or a false misrepresentation of a matter of fact which induces another person to part with some valuable thing belonging to him or to surrender a legal right.
The taking and carrying away of tangible personal property of another by trespass with intent to permanently (or for an unreasonable time) deprive the person of his interest in the property. Larceny must involve personal property, and it must be capable of being possessed, and carried away.
The willful and corrupt taking of a false oath in regard to a material matter in a judicial proceeding.
