There are several types of criminal offenses that are serious enough to be referenced as Red, White, and Blue collar crimes.
All criminal offenses committed by persons who, often by virtue of their occupations, exploit social, economic, or technological power for personal or corporate gain and are dangerous to the global society.
A Red collar crime is when the perpetrator uses violence to avoid detection or prosecution. Although red-collar crime appears to be a rare event in the U.S., this is not necessarily the case, and it is advisable for businesses to have a process through which white-collar crime can be reported anonymously.
The term “white collar crime” is usually identified with financially motivated, nonviolent crimes committed by employees against their employer, or by individuals against a financial institution. The crimes typically consist of forgery, insider trading, fraud, or embezzlement, and are estimated by the FBI to cost U.S. businesses more than $300 billion per year.
Nobody really knows the true cost of white-collar crime because not all white-collar crimes are detected. Furthermore, when they are, only 54 percent of white-collar crimes are reported to law enforcement agencies according to the Association of Certified Fraud Examiners in their 2020 Report To The Nations, who also claim businesses on average lose 5% of their revenue each year to fraud and that 43% of white collar crimes are identified via a tip rather than via an internal audit or investigation.
In criminology, blue-collar crime is any crime committed by an individual from a lower social class as opposed to white-collar crime which is associated with a crime committed by someone of a higher-level social class.
What is Blue-Collar Crime? https://study.com/learn/lesson/blue-collar-crime-statistics-examples.ht…
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