What is the difference between a federal and a state white collar crime?

White collar crime is a broad term used to describe a variety of non-violent financial crimes. These crimes are typically committed by businesses or individuals in a professional setting and generally involve some element of dishonesty or fraud. Generally speaking, there are two types of white collar crimes - federal and state. Federal white collar crime is a violation of federal regulations or statutes. These crimes can involve federal government agencies and therefore can be investigated by the FBI or other federal law enforcement. Common federal white collar crimes include tax fraud, bribery, bank fraud, health care fraud, counterfeiting, and insider trading. State white collar crime is a violation of state or local regulations or statutes. While state and federal white collar crimes often overlap, state crimes typically involve the state or local government. Common state white collar crimes include embezzlement, corruption, securities fraud, possession of stolen goods, money laundering, and identity theft. In most cases, if someone is charged with a federal white collar crime, the case is generally investigated and prosecuted at the federal level. However, if someone is charged with a state white collar crime, it is usually investigated and prosecuted at the state or local level.

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What is the difference between a federal and a state white collar crime?

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