Losses attributed to white-collar crime are passed along to taxpayers and customer.

Question

Quizplus · Accepted Answer

When white-collar crimes, such as embezzlement or insider trading, occur in a company, the losses incurred are often compensated for by the company, which could ultimately lead to higher prices for customers or lower profits for shareholders. In the case of government corruption or fraud, taxpayers may end up bearing the brunt of the losses.

Losses Attributed to White-Collar Crime Are Passed Along to Taxpayers