When White Collars Turn Red
White-collar crime is a term that we are all familiar with, but what exactly are white-collar crimes? And are they violent offenses? In this blog, we will explore the definition of white-collar crime and look at some common examples. We'll also discuss red-collar crimes – when these nonviolent financial offenses lead to physical violence.
White-Collar Crime Defined
White-collar crime is a term used to describe financially motivated nonviolent offenses. These are typically perpetrated by individuals in positions of power and trust, such as CEOs, politicians, or other corporate executives. The crimes are performed to achieve financial gain or further business interests.
White-collar crimes are often called "paper crimes" because they are typically documented on paper. Examples of white-collar crime include fraud, embezzlement, extortion, tax evasion, money laundering, and insider trading.
What are Red-Collar Crimes?
Red-collar crimes are a relatively new phenomenon in the world of crime. The term refers to white-collar crimes that are carried out with the added element of violence. These are not considered traditional white-collar crimes, as there is an element of physical violence or threat involved in carrying out these offenses.
Red-collar crimes are perpetrated by individuals motivated by personal gain and willing to use physical force to achieve their goals. Examples of red-collar crimes include kidnapping, arson, armed robbery, and murder.
Conclusion
White-collar crime is an umbrella term for nonviolent offenses motivated by financial gain. There are many examples of white-collar crimes, such as fraud and embezzlement. Red-collar crime is a newly emerging phenomenon in which white-collar crimes are carried out with an added element of violence.
Get In Touch With a White-Collar Crime Defense Attorney
If you've been accused of committing a white-collar crime, it's imperative that you reach out to an experienced criminal defense attorney who can help you. At Revill Law Firm, we work hard to protect our clients' rights and help them fight back against the charges they face.
Learn more about how we can help with your case or schedule a case review by calling (205) 928-6544 or visiting our website.