Unlike the majority of supposed blue-collar crime, crime committed against property or person, where violence is usually employed against a victim or a victim’s property, white-collar crime is usually non-violent. While many who commit blue-collar crime come from disparate backgrounds and socioeconomic standing, with a wealth of motivations to commit their crimes, white-collar crime has come to be defined by criminologists as “a crime committed by a person of respectability and high social status in the course of his occupation.” Insidermonkey experts made a list of 10 high profile white collar criminals and their crime cases in America.
White-collar crimes always involve money, and employ embezzlement, fraud, and various other schemes that make the perpetrator wealthy through their victims’ financial loss. Though there is white-collar crime affecting the financial well being and livelihoods of millions each and every day, here are some of the most notorious high profile cases of white-collar crime in the past century. You can also check our list of the 11 Biggest Financial Scandals in History.