Types of Crime
Misleading an institution with false information (often financial information) is called this.
What is Fraud?
A clause in the constitution gives the federal government the authority to regulate white collar crime.
What is the Commerce Clause?
This infamous American gangster, who rose to prominence during the Prohibition era, was ultimately convicted of tax evasion and sentenced to 11 years in federal prison.
Who is Al Capone?
What is the fastest growing white collar crime?
What is Identity Theft?
The term for a non-violent crime committed by a person of high social status in the course of their occupation.
What is white collar crime?
This type of crime involves decisions made in buying and selling stock based off information not available to the public.
What is Insider Trading?
The name of the federal agency responsible for investigating and prosecuting white collar crimes in the United States.
What is the Federal Bureau of Investigations (FBI)?
This businesswoman and TV personality was convicted of insider trading in 2004, and served time in prison for her crimes.
Who is Martha Stewart?
This is the most common type of white collar crime, making up to 63% of the total.
What is Fraud?
The term for the practice of using false or misleading information to persuade investors to buy or sell securities.
What is securities fraud?
When one party pays for something (investment, service, etc) and the receiving party pockets the money for personal use, rather than allocate those funds to the proper place.
What is embezzlement?
White collar crime cost the United States this much annually.
What is $300 Billion?
This type of financial fraud involves using money from new investors to pay returns to earlier investors, and is named after a man who famously used it in the 1920s.
What is a Ponzi Scheme?
What is 90%?
The name of the law that prohibits bribing foreign officials for the purpose of obtaining or retaining business.
What is the Foreign Corrupt Practices Act (FCPA)?
This type of crime allows criminals to pass money obtained illegally as legal, through legitimate business fronts.
What is Money Laundering?
The name of the federal agency that is responsible for collecting fines and other financial penalties imposed by the courts.
What is the Financial Management Service (FMS)?
This infamous financier and former chairman of the NASDAQ was convicted of several counts of fraud in 2009 and sentenced to 150 years in prison.
Who is Bernie Madoff
What is the age range of more than half of white collar criminals?
What is 40-60 years old?
There is no question. This is a decoy space.
you get the points
The acquisition of an idea, product, or creative work and passing this as one’s own.
Whaat is Intellectual Property Theft?
The term for a court order that requires a convicted person to pay back the money they stole or defrauded.
What is Restitution?
In 2002, this energy company was involved in one of the largest corporate accounting scandals in history, resulting in the conviction of several top executives.
What is Enron?
White collar crimes only make up how much of Federal Prosecutions?
What is 3%?
True or false: white collar crime is considered a nonviolent crime.
What is true?