White-Collar Crime and Bribery versus Extortion" Please respond to the following: If sources or used please cite work in APA format. 1. Discuss the key elements of identifying white-collar crimes....

White-Collar Crime and Bribery versus Extortion" Please respond to the following: If
sources or used please cite work in APA format.
1. Discuss the key elements of identifying white-collar crimes. Next,determine at least two
(2) federal criminal statutes that government agencies commonly use to convict white-collar
criminals, andspecify the main reasons why government agencies commonly use the statutes
in question. Justify your response.
2. Define the key difference between the crime of bribery and the crime of extortion, based
on the federal bribery and extortion statutes. Next, specify the necessity of defining the
difference that you have defined. Justify your response.
ANSWER 1
A white collar crime is an offense that is committed by a high end individual who is in an
influential position and misuses the same to commit a fraud. Hence the first key element is
that it is a non violent crime and is committed for a financial gain. The other element of a
white collar crime is that it is performed by an employee or professional of the organization.
It involves a fraudulent activity on the part of the person involved and intentionality is a key
element. Thus the crime is committed with the intention of defrauding the organization.
The...