WHITE COLLAR CRIME By Ben Segarra

Bank Fraud The use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors People use it to make easy money illegally Charles Ponzi discovered that he could purchase postal coupons at a discount, ship them abroad, and sell them for full price.

Blackmail The action, treated as a criminal offense, of demanding money from a person in return for not revealing compromising or injurious information about that person. Used to manipulate people into doing something you want them to do In 2010, "Buffy" fans were heartbroken when "Angel" actor David Breana was forced to come clean about his marriage infidelities to wife of nine-years, Jaime Bergman, after an unnamed woman (allegedly Tiger Woods' mistress, Rachel Chital) threatened to go public with their scandalous love affair.

Bribery The giving or offering of a bribe. Used to pay off people to do something in your favor In October 2011, two U.S. Army Corps of Engineers employees were arrested and charged with fraud for taking kickbacks, estimated at over $20 million.

Cellular Phone Fraud The unauthorized use, tampering or manipulation of a cellular phone or service. Used to attain information NSA tapping into and recording majority of cellphone calls in the us

Computer fraud Any act using computers, the Internet, Internet devices, and Internet services to defraud people, companies, or government agencies of money, revenue, or Internet access. To attain information United States v. Morris, Computer Fraud Case

Counterfeiting imitate fraudulently To profit off fake goods Alves Dos Reis thought big. Instead of counterfeiting bills, he forged a contract from the Banco de Portugal so that he could acquire banknotes from official printers

Credit Card Fraud Term for theft and fraud committed using or involving a payment card, such as a credit card or debit card, as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Anup Patel’s Counterfeit Credit Cards

Currency Schemes The practice of speculating on the future value of currency To benefit at someone else's expense Bernard Ebbers (WorldCom)

Embezzlement When a person who has been entrusted with money or property appropriates it for his or her own use and benefit. To make money with minimal financial risk Beverly Hills Bank Blowout

Environmental Schemes The overbilling and fraudulent practices exercised by corporations which purport to clean up the environment. Corporations use it to make more money Tonawanda Coke and Manager Found Guilty of Violating the Clean Air Act, RCRA

Extortion Occurs when one person illegally obtains property from another by actual or threatened force, fear, or violence, or under cover of official right. Used by underground mafias to control parts of cities and make money Autumn Jackson And Bill Cosby

Forgery When a person passes a false or worthless instrument such as a check or counterfeit security with the intent to defraud or injure the recipient. Used to attain goods and services without any actual expense David Stein Forgeries

Health Care Fraud Where an unlicensed health care provider provides services under the guise of being licensed and obtains monetary benefit for the service. To illegally obtain health care benefits Robert Wood Johnson University Hospital Hamilton $6.35 million Medicare fraud settlement

Insider Trading When a person uses inside, confidential, or advance information to trade in shares of publicly held corporations. To make money off the stock market Martha Stewart Case

Investment Schemes Where an unsuspecting victim is contacted by the actor who promises to provide a large return on a small investment. Make money from investors with false ideas Jordan Belfort (Stratton Oakmont)

Money Laundering The investment or transfer of money from racketeering, drug transactions or other embezzlement schemes so that it appears that its original source either cannot be traced or is legitimate. To create false income to clean dirty money

Racketeering The operation of an illegal business for personal profit. To make money off illegal business Speakeasies in the 20’s

Tax Evasion When a person commits fraud in filing or paying taxes. Pay less taxes and keep more money Al Capone was convicted of tax evasion

Welfare Fraud To engage in an act or acts where the purpose is to obtain benefits (i.e. Public Assistance, Food Stamps, or Medicaid) from the State or Federal Government. Obtain goods and services at taxpayers expense