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Your introduction to common white collar crimes

On Behalf of | Jun 11, 2020 | Firm News

There are multiple reasons why you may find yourself caught in criminal behavior at your workplace in Texas. Often, white-collar crime appears harmless at first, but can quickly spiral out of control when conditions encourage questionable practices. 

Your familiarity with common white-collar crimes may provide you with ideas for how you can avoid falling prey to potentially harmful behavior that could upend your career. 

Types of white-collar crimes 

According to Northcentral University, white-collar crimes include the following: 

  • Extortion: When you use coercion to force a person or entity to give up money, goods or services.  
  • Embezzlement: When you take advantage of your employer’s trust and secretly take money for personal use or gain. 
  • Corporate Fraud: When you participate in falsifying critical financial documents regarding your employer’s corporate operations. 
  • Bankruptcy Fraud: When you dishonestly fill out bankruptcy documents to conceal assets for a more profitable outcome. 
  • Ponzi Schemes: When you dishonestly advertise promised returns on fraudulent investments.  

Preventing white-collar crime 

You can aid in preventing white-collar crime and avoid becoming part of criminal conduct in the workplace through your commitment to practicing ethics and integrity. If your responsibilities require you to work closely with your employer’s monetary assets, practice transparency and document everything you do. 

When you adhere to company-given policies for managing financial assets, you can maintain your integrity, your reputation and your employer’s rapport. Fortunately, criminal conduct in the workplace does not have to mean the end of the world. If you would like to learn more about overcoming the consequences of involvement in white-collar crime, please visit our webpage.