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

A civil lawsuit is a legal claim filed against someone when another individual believes they have been wronged. This can be a wide range of wrongs, from negligence to breach of contract or other such legal violations. In South Dakota, the Supreme Court Civil Rules provide the regulations and procedures for filing a civil lawsuit. White collar crimes are generally defined as financial crimes that are committed by businesses and individuals. Common examples of white collar crimes include fraud, embezzlement, money laundering, and tax evasion. As these are crimes, they can be prosecuted in criminal court. However, victims of white collar crimes can also file a civil lawsuit. In contrast to criminal charges, filing a civil lawsuit is more concerned with the financial loss of the victim, rather than just criminal penalties being handed down. Therefore, a successful civil lawsuit could result in the person who committed the crime being ordered to pay the victim’s losses, in addition to any criminal charges they may face. In South Dakota, the specifics of a civil lawsuit related to a white collar crime will depend on the exact details of the crime that was committed. In any case though, the basis of the lawsuit is to make the perpetrator of the crime financially liable for their actions.

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