Corporate crime

Definition

Corporate crime involves illegal acts committed by a company or its employees for the benefit of the corporation, often to increase profits. These crimes can range from fraud and embezzlement to environmental violations and endangering public health.

Related terms

White: collar crime - Nonviolent crime committed by individuals, typically for financial gain, involving deception or breach of trust.

Embezzlement: The act of dishonestly withholding assets for the purpose of conversion (theft) of such assets by one or more individuals to whom the assets were entrusted.

Environmental violation: Any breach of environmental law or regulations designed to protect the environment and public health, such as illegal dumping of toxic waste or emissions exceeding legal limits