James is a vice president of a local banking organization.He and his wife have been in danger of foreclosure on their home after his wife lost her job last year.James recently found out that he can transfer a small percentage of his client's earnings into his own account without drawing the attention of those in power at his organization.He has been able to transfer enough money to break even on their mortgage.He is aware that he is breaking the law but he does not see his crime as being on the same scale as a violent crime.He is also aware that if he is caught,the criminal justice system will go easy on him because he is a first-time client. After he is caught,James admits to stealing approximately $100,000 from his employer over the past year through financial deception.This is what Edwin Sutherland referred to as ______ crime.

Question

Quizplus · Accepted Answer

The type of crime that James committed is white-collar crime, as he used his position of power to commit financial deception and gain personal benefit. This type of crime is typically committed by individuals in business or government settings and is non-violent in nature. The term "white-collar crime" was coined by sociologist Edwin Sutherland to describe this type of criminal behavior.

James Is a Vice President of a Local Banking Organization