White-Collar Crimes

Which of the following statements about white-collar crimes is FALSE?

• White-collar crimes are typically non-violent and financially motivated.

• Usually committed by individuals in positions of trust.

• White-collar crimes involve physical violence or direct harm an individual.

• These crimes often involve deceit, fraud, or breach of trust.

White-collar crimes are non-violent, financially motivated crimes typically committed by business professionals.

• True

• False

Which is not an example of a white-collar crime?

• Embezzlement

• Armed Bank Robbery

• Insider Trading

• Money Laundering

Which of the following definitions defines Money Laundering?

• The process of reporting illegal income to the authorities.

•  The illegal practice of trading stocks.

• Legally investing money in various assets, like stocks or bonds

• The process of concealing sources of money, gained from illegal activities.

AI and other advancements in technology can be utilized as a tool when it comes to identifying white-collar crimes.

• True

• False

White-collar crimes are typically committed by business and government professionals. 

• True

• False

Which of the following is not a way that AI is used to commit white-collar crimes?

• Deepfakes

• Phishing

• Identity theft

• AI-powered customer service improvements

There are some ways to utilize AI to combat white-collar crimes.

• True

• False

Which of the following is a way that deepfakes can be used to commit white-collar crimes?

• Producing fake job interviews to impersonate executives

• Manipulating video evidence in court cases for personal gain

• Creating fake financial statements to deceive investors

• All of the above

Answer explanation

AI created deepfakes can be utilized in many ways when it comes to white-collar crimes. Including including creating fake financial statements, impersonating people in interviews, and manipulating video evidence.

Let's look through the eyes of a white-collar criminal. Do your best to draw an act of white-collar crime on your screen.

Choose a Type of White-Collar Crime:

• Fraud

• Insider Trading

• Embezzlement

• Identity Theft

• Money Laundering

• Bribery or Corruption