The FBI reports property crime with losses of $14 billion while there is about $300 billion to $1 trillion in losses from white collar crime.
“All of us are victimized, in many capacities, by white collar crime. White collar crime victimization is especially diffuse, and victims’ attributes are especially heterogenous. We are generally less likely to be conscious of this victimization than of the conventional crime victimization.” Read more.
White collar crime doesn’t just take what you have on you that day it starts with what you have worked to build up over your lifetime.
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“Many forms of white collar crime victimization, especially those involving the environment or the workplace, are defined as accidents or “disasters” and thus as beyond human control.”