White Collar Crimes Explained

Extortion

Extortion is involuntarily taking some kind of property, resources, services, etc. from a person by a threat or other forced coercion. Interestingly enough, the actual collection of desired goods does not have to be transacted for an extortion crime to have occurred. Making a threat of violence, damage, dangerous accusation, having to part with person or property, etc. is entailed in extortion. This is different from normal robbery in that the item isn’t forcibly taken, but the instilment of fear is exercised in order to obtain the item anyway.

Fraud

The broadest and most expansive of the terms listed, fraud includes any intentional deceit performed on another person for personal gain, or if a specific plan to damage or harm another through deceit is formed. Defense attorneys encounter a wide variety of forms of fraud, and the first three terms most certainly have possible aspects that could be considered legally fraudulent. Fraud can also be committed against an organization or entity, rather than an individual. This is why it is critical to fill out legal forms and documents carefully; any misprint that ends up benefiting the individual at the expense of another could be considered grounds for fraud. 

Photo source: flickr.com/photos/keithburtis/2712540324/

Written by Clif, a freelance writer for Naegle Law Firm in the Phoenix area. Thank you for reading this article, and I hope it was beneficial and enlightening for you.

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