White-collar crime results in far less loss than traditional crimes each year.

Question

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White-collar crime, which includes fraud, embezzlement, and other non-violent crimes typically committed by individuals in professional settings, often results in far greater financial losses annually than traditional, street-level crimes. The sophisticated nature of these crimes and their ability to go undetected for long periods contribute to the substantial economic impact.

White-Collar Crime Results in Far Less Loss Than Traditional Crimes