Author Question: White-collar crime is often thought of as victimless crime Discuss who the victims may be in ... (Read 48 times)

cabate · **on:** Aug 17, 2018

White-collar crime is often thought of as victimless crime Discuss who the victims may be in white-collar crime.

What will be an ideal response?

Question 2

Match up the specific crime in the left column to the type of crime category it belongs to in the right column. Answers may be used more than once.

A) Money Laundering
B) Computer Crimes
C) Confidence Games
D) Check and Credit Card Fraud

1) Pigeon Drop
2) Bank Method
3) Pyramid Scheme
4) Masquerading
5) Bank Examiner

6) Stolen credit card
7) Scanning
8) Currency Exchanges
9) Contest Cons
10) Smurfing

Question 3

FinCEN, established in 1990, is a multiagency support unit that analyzes intelligence information that develops suspects in money ________ schemes.

Fill in the blank(s) with the appropriate word(s).

peilian · **Reply #1 on:** Aug 17, 2018

Answer to Question 1

Answer: White-collar crime is not a victimless crime. A single scam can destroy a company, devastate families by wiping out their life savings, or cost investors billions of dollars. Today's fraud schemes are more sophisticated than ever, and it is the responsibility of the criminal investigator to identify the offenders and stop scams and schemes before they start. Examples of some of the most notable white-collar crimes are insider trading, money laundering, confidence games, and computer crime.

Answer to Question 2

Answers: 1) C 2) A 3) C 4) B 5) C 6) D 7) B

A 9) C 10) A

Answer to Question 3

Answer: Laundering