White-collar crimes are crimes that committed by people of high social status who commit their crimes in the context of their occupation. This includes embezzling (stealing money from one’s employer), insider trading, and tax evasion and other violations of income tax laws.
White-collar crimes generally generate less concern in the public mind than other types of crime, however in terms of total dollars, white-collar crimes are even more consequential for society.
Nonetheless, these crimes are generally the least investigated and least prosecuted.
Organized Crime
Organized crime is crime committed by structured groups typically involving the distribution of illegal goods and services to others. Many people think of the Mafia when they think of organized crime, but the term can refer to any group that exercises control over large illegal enterprises (such as the drug trade, illegal gambling, prostitution, weapons smuggling, or money laundering).
A key sociological concept in the study or organized crime is that these industries are organized along the same lines as legitimate businesses and take on a corporate form. There are typically senior partners who control the business’ profits, workers who manage and work for the business, and clients who buy the goods and services that the organization provides.