Thursday May 23, 2019
Home Lead Story A Quick Guide...

A Quick Guide to White Collar Crime

Take care that you never fall victim to a white collar crime and don’t be afraid to report it to the police if you do

0
//
Cyber crime, U.S. programming
A man types on a computer keyboard in front of displayed cyber code in this illustration picture. VOA

There are many different types of crime all with their own legal definitions and police proceedings. This is because depending on the crime, it will have to be handled in the correct way. White collar crime is one type of offence which is often spoken about as individual crimes but never as one whole genre. What do we mean by white collar crime? Let’s take a look.

What is White Collar Crime?

White collar crime includes; theft, fraud, identity theft and forgery as well as many other types of crime that involve money and are nonviolent. The FBI deals with these crimes in the US, however in the UK, the police will be involved and then will be transferred to a team depending on what the nature of the crime is. There are many different branches of police which deal with these offences, from Vice to the National Crime Agency.

Theft

There are some different types of theft that you can fall victim to, for example, theft of personal belongings, shop goods, robbery, armed robbery and many others. Each of these types of theft can cause a lot of stress to a person and it can be difficult to deal with. When you fall victim to theft, it is always important to report it to the police straight away to make sure the incident can be dealt with as soon as possible. Try to leave the scene of the crime as untouched as possible as that will help the investigation.

Fraud

Another type of white collar crime is fraud; this can happen to anyone and can be done in a number of ways. All it takes is for you to enter your details into a fake website where someone can then access your details and pretend to be you, which means you can then end up losing money. Never open a link in an email if you don’t trust it and always be sure that you don’t give out valuable information like bank account details over the phone.

crime
There are many different types of crime all with their own legal definitions and police proceedings. Pixabay

Forgery Crimes

Like the rest of the white collar crimes, you will find that there are many different ways you can be a victim of forgery crimes. This is because people can forge art and archaeological artefacts and sell them on to buyers at the same price or more than what an original piece would cost.

People also forge items such as documents, designer brands, and even money. When it comes to forgery, sometimes it is impossible to tell if the item is real or not which makes it so hard to tell without expert help. In order to avoid falling victim to a forgery fraud, only purchase items from well-known sellers or seek expert advice before purchasing. Most high-end brands will be able to provide a list of their third-party stockists.

Also Read- Asian Markets Fall Steeply over Signs of Escalating US-China Trade Tension

In Conclusion

Overall, white collar crimes might not always be life-threatening crimes as much as some other crimes can be; however, they can still cause huge stress or impact on the victim’s life. Take care that you never fall victim to a white collar crime and don’t be afraid to report it to the police if you do.

Next Story

Social Media Fraud Increased 43% in 2018, Finds Study

With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores

0
social media
According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018. Pixabay

In a sign that platforms like Facebook and WhatsApp are emerging as new public square for criminal deception, a study has found that social media fraud increased 43 per cent in 2018.

The results suggest that cyber criminals are increasingly relying on Facebook, Instagram, WhatsApp and other legitimate social media and messaging platforms to communicate with each other and sell stolen identities, credit card numbers and other ill-gotten gains.

Given the ease of use, absence of fees and other benefits of these platforms, continuation of this trend in 2019 should come as no surprise, said “Current State of Cybercrime – 2019” white paper, released by RSA Security.

Trade in stolen identities would gain greater momentum with more stores likely opening on legitimate platforms to sell this type of data, the study said.

Digital, social-media
Social media takes over your mental health as well.

According to researchers, fraud in the mobile channel has grown significantly over the last several years, with 70 per cent of artifice originating in the mobile channel in 2018.

In particular, fraud from mobile apps increased 680 per cent between 2015 and 2018, said the study, adding the use of rogue mobile applications to defraud consumers was on the rise.

Also Read- Now Internet Enabled Cars to Customise Services, Prop-up Sales

With one out of five cyber attacks attributed to rogue mobile apps in 2018, RSA identified an average of 82 rogue mobile applications a day last year across popular app stores.

“We expect the popularity of the mobile channel for fraud will continue through 2019, especially as cyber criminals keep finding ways to introduce tactics and technologies such as phishing and malware to the mobile channel,” the report said. (IANS)