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Answer :
Final answer:
White collar crime is non-violent criminal activity that takes place in a business or professional setting and is often committed by individuals in positions of power. It can have significant financial consequences for victims.
Explanation:
White collar crime varies from other forms of criminal activity in several ways. First, white collar crimes are typically non-violent and involve offenses committed in a business or professional setting. Examples of white collar crimes include embezzlement, insider trading, and identity theft. Second, white collar crimes often have a significant financial impact, affecting individuals and organizations. Financial frauds such as insurance scams, Ponzi schemes, and improper practices by banks can result in devastating consequences for victims. Third, white collar crimes are often committed by individuals in positions of power and influence, such as corporate executives or professionals. This distinguishes them from street crimes, which are typically committed by ordinary people against others in public spaces.
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