How is white collar crime defined?

White collar crime is a phrase that is used to describe criminal activities that are related to business and finance. It is usually used to refer to fraud, embezzlement, bribery, insider trading, money laundering, cybercrime and other related illegal activities. It is defined as an illegal act which is committed by someone who works for a company or in a professional environment with the intention of obtaining a financial benefit for themselves or another party. White collar crime is different from other types of crimes, such as violent crime, in that it does not usually involve physical violence or threats of physical harm. Instead, white collar crime relies on deception, manipulation, and the abuse of trust. It often takes place over a long period of time and frequently involves complex accounting fraud or schemes to cover up the criminal activity. In New Hampshire, white collar crime is illegal and depending on the severity of the offense, can result in fines, restitution, or jail time.

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How is white collar crime defined?

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