A white collar crime is a broad phrase that describes specific crimes that involve commercial scam, deceiving consumers, tricks, the trading by an insider on the stock market, misappropriation and other forms of deceitful money-making activities. The origin and evolution of the term is derived from an outdated assumption that executives in the business realm wear white ties as well as white shirts. Concisely, the term theoretically differentiates these criminals and the crimes they commit from the physical crimes that are likely to be undertaken by the unofficial and informal employees. A brief description of the characteristics of a white collar crime as well as a synopsis of the specifics of this crime using a relevant example is the aim of this paper. Second, they manifest themselves in the realm of abuse of power.
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To browse Academia. Skip to main content. Log In Sign Up. Papers People. In northeastern Brazil, a small number of political families have ruthlessly clung to power for centuries. Members of these seigniorial clans have grown accustomed to the benefits of public office and, therefore, do not recognise how the
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