What Are the Differences Between Street Crime and White Collar Crime?

Now, let’s explore the distinctions between street crime and white collar crime. Before delving into the details, it is crucial to comprehend what white collar crime entails.

White collar crime refers to non-violent offenses committed by individuals in positions of power, such as government representatives, business professionals, officers, and officials. These crimes are driven by financial interests and commonly include acts of fraud, corruption, industrial espionage, embezzlement, tax evasion, false bankruptcy, and money laundering.

While white collar crime does not physically harm individuals or result in deaths like street crime, this does not diminish its severity. Street crime, in comparison, is characterized by its violent nature and the devastating impact it has on victims, both physically and emotionally, as well as financially. Perpetrators often target those who appear vulnerable and defenseless. Conversely, white collar crime inflicts the most significant economic damage on society. Typically orchestrated by a group of intelligent criminals, these crimes are meticulously planned and can span over a prolonged period before being uncovered.