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A white-collar crime is a non-violent crime committed for financial gain or to obtain an advantage in a business or commerce setting. The term “white-collar” refers to these types of crimes committed by individuals who wear white collars and work in professional or business settings, such as securities fraud, tax fraud, mortgage fraud, embezzlement, cryptocurrency fraud, and similar offenses.
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Palm Harbor, FL criminal defense attorney Robert D. Eckard talks about white-collar crimes. He defines white-collar crime as a non-violent offense committed for financial gain or to secure an advantage in a business or commercial context. The term “white-collar” traditionally refers to crimes carried out by professionals and individuals in business settings, rather than through physical force. These offenses commonly include securities fraud, tax fraud, mortgage fraud, embezzlement, cryptocurrency-related fraud, and other similar financial crimes.