What is the difference between a white collar crime and a banking crime?

White collar crimes and banking crimes are both illegal activities, but they are two distinct types of criminal offenses. A white collar crime is any crime committed in the course of a business or professional activity. This includes fraud, bribery, embezzlement, insider trading, money laundering, tax evasion, and other financial or business-related crimes. On the other hand, banking crimes involve activities that are related to the banking system and involve the manipulation of financial records or transactions. Examples of banking crimes include bank fraud, check fraud, and identity theft. In Georgia, bank fraud is a felony and is punishable by up to 15 years in prison and a fine of up to $500,000. The main difference between a white collar crime and a banking crime is that, while white collar crimes involve financial activities, banking crimes directly involve the manipulation of the banking system or financial records. Banking crimes often cause greater financial losses than white collar crimes. In addition, the penalties for bank fraud can be much more severe than for white collar crimes.

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What is the difference between a white collar crime and a banking crime?

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