Common White Collar Crimes
The term “white collar crime” was created in 1939 and refers to crimes committed by business and government professionals. These professionals generally wear suits for work, hence the term white collar. The crimes committed have the potential to destroy a company, bankrupt its workers and investors. The movie "The Wolf of Wall Street" is a prime example of a white collar crime that was committed by a scamming stockbroker named Jordan Belfort. These financial deceptors aim to scam money out of anything they possibly can.