What crime violations are categorized as "white-collar" crimes?

Prepare for the ACFE Certified Fraud Examiner CFE Exam. Study with multiple-choice questions, each with hints and explanations. Boost your fraud prevention skills and excel in your exam!

"White-collar" crimes are typically non-violent crimes committed for financial gain, usually within a business or professional context. These crimes often involve deceit and may exploit a position of trust or leverage one's professional status. In this case, antitrust violations, which pertain to business practices that restrict competition, and securities violations, which involve manipulating stock markets or trading securities based on non-public information, fit squarely into the definition of white-collar crimes.

This classification is essential because it highlights the nature of the crime, which often includes fraud, embezzlement, tax evasion, and other financial misconduct that can have a significant impact on the economy and society, despite lacking violent or overtly criminal behavior associated with street crimes. The other options presented involve crimes that are predominantly physical or involve direct theft and violence, which do not align with the concept of white-collar crime.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy