What are examples of white collar crime?

White collar crimes are criminal acts committed by people of a higher socioeconomic status for financial gain. These crimes involve deceit, fraud, and abuse of power, and often take place in a corporate or business setting. In California, some of the most common types of white collar crimes include embezzlement, fraud, bribery, identity theft, insider trading, money laundering, and computer crimes. Embezzlement occurs when someone entrusted with money or property steals it for personal benefit. Fraud is any type of deception used to obtain money or property, which can include lying or creating false documents. Bribery is the offering of money or favors in exchange for a favorable decision or outcome. Identity theft occurs when someone steals the personal financial information of another person or institution to obtain money or credit. Insider trading is when people with access to confidential information use it for their own benefit. Money laundering involves concealing the proceeds of illegal activities by transferring them between banks or businesses. Computer crimes involve the use of computers and technology to access data without permission or to commit fraud. Each of these types of white collar crime is taken very seriously in California, and perpetrators may face significant fines and prison sentences. If you believe that you may be a victim of any of these crimes, it is important to contact law enforcement immediately.

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What are examples of white collar crime?

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