Compare and contrast the various forms of white-collar crime There are a variety of categories of white-collar crime. Whitecollar fraud involves using a business enterprise as a front to swindle...

Compare and contrast the various forms of white-collar crime There are a variety of categories of white-collar crime. Whitecollar fraud involves using a business enterprise as a front to swindle people. Chiseling involves businesspeople and protessionals who use their positions to cheat clients on a regular basis. Embezzlement and employee fraud occur when a person uses a position of trust to steal from an organization. Whitecollar exploitation occurs when an individual abuses his or her power or position in an organization to coerce people into making payments for services to which they are already entitled. If the payments are not made, the services are withheld. In most cases, exploitation occurs when the victim has a clear right to expect a service, and the offender threatens to withhold the service unless an additional payment or bribe is forthcoming. In contrast, influence peddling occurs when individuals holding important institutional positions sell power, influence, and information to outsiders who have an interest in influencing the activities of the institution or buying information on what the institution may do in the future. Client fraud involves theft from an organization that advances credit, covers losses, or reimburses for services. Corporate, or organizational, crime involves various illegal business practices such as price-fixing, restraint of trade, and false advertising.