Joe is a bar owner who often substitutes lower-priced versions of alcohol to replace premium spirits in drinks but charges the premium prices. Which category of white-collar crime is this an example of?

Question

Quizplus · Accepted Answer

This is an example of professional chiselling, which involves taking advantage of customers or clients by providing them with a lower-quality product or service than they paid for at a higher price. In this case, Joe is substituting lower-priced versions of alcohol to replace premium spirits in drinks but charging the premium prices, which is a form of chiselling.

Joe Is a Bar Owner Who Often Substitutes Lower-Priced Versions