How is a civil lawsuit related to a white collar crime?

A civil lawsuit is a legal action in which a person or entity may bring a claim in civil court for damages caused by a person or an entity. This is in contrast to a criminal action, which is handled by the government. White collar crimes are typically non- violent financial crimes or frauds committed by business and government professionals. They include a variety of offenses, such as embezzlement, tax evasion, insider trading, bribery, and money laundering. These crimes often involve money in some form, and thus a civil lawsuit is often the only way those affected by the crime can seek damages. If a company employee is caught embezzling money, for example, the company can file a civil lawsuit against the employee in order to recover the stolen funds. This type of civil lawsuit is often used in conjunction with criminal proceedings, as it can be used to ensure that any restitution or damages awarded to the company or the victim are paid. Similarly, an individual who has been hurt by a white collar crime can file a civil suit against the perpetrator in order to seek damages for any costs or harm incurred. In New Mexico, the statute of limitations for a civil lawsuit is four years, meaning a person has four years to file a claim against a white collar criminal for any losses incurred as a result of the crime.

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How is a civil lawsuit related to a white collar crime?

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