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Answer :
The statement 'All white-collar crimes are prosecuted once they are discovered by the authorities' does not feature as a characteristic of white-collar crimes due to challenges such as resource imbalance and the complexity of establishing criminal liability. The correct option is 1.
The question pertains to the features of white-collar crimes. The correct statement that does not feature as a characteristic of white-collar crimes is: All white-collar crimes are prosecuted once they are discovered by the authorities. This is not true as not all white-collar crimes are prosecuted due to various reasons such as resource imbalance and a higher bar for establishing white-collar criminal liability.
The term white-collar crime was coined in 1939 by the sociologist Edwin Sutherland and refers to financially motivated, nonviolent crimes committed by individuals of high social status in the course of their occupation. The complex nature of these crimes, including fraud, bribery, ponzi schemes, insider trading, and others, leads to difficulties in detection and prosecution. Often, white-collar criminals benefit from social status and power imbalances, resulting in less tracking, reporting, and punitive actions compared to more visible street crimes. The correct option is 1.
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