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White collar crime often are those offenses that are committed in a business environment or that are related to finances or politics.

Q: What is a white collar crime?

White collar crimes are often those offenses that are committed in a business environment or that are related to finances or politics. Extortion, embezzlement, fraud, identity theft and bribery are all examples of white collar crimes. A person convicted of one of these offenses will usually face federal charges - and this means harsher penalties. Imprisonment in state prison is one common penalty, as is victim restitution. This is money that the defendant must pay to the alleged victim of the crime - and combined with fines, a person convicted of a white collar crime could end up paying out hundreds of thousands of dollars.

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