The term "white-collar crime" refers to crimes committed by people in respectable social and professional positions, who commit a crime in the course of doing their job or by using the advantage of their position. The crimes perpetrated are generally nonviolent, occur in commercial or business settings, and are intended solely to generate an illicit profit. White-Collar Crime explains the common types of crime committed, ranging from simple fraud to embezzling to insider trading, notes the famous cases,