The worst thing about white collar criminals is they are harder to detect. You can always recognize the corner pimp or drug dealer, but just looking at a businessman won't tell you. Usually you know after the fact or during the process of inspecting the accounts. I like to call it a "Money Autopsy".
International Level: Politics 101 / Political Participation: 5 0.5%
I think that these white collar criminals rob our society than those street criminals and robbers. They are the one who make the whole community suffer. Their crime sometimes results in the spoiling the future of their employees. Some of such incidents are noticed in past few weeks in India also.
International Level: Politics 101 / Political Participation: 0 0%
Most definitely exists, especially in the banking and insurance sectors. Its just that these incidents are not widely exposed to the public to preserve the image of the firm
International Level: Politics 101 / Political Participation: 0 0%
I do not agree with the general feeling that these white collar criminals are the ones to be most feared. Yes maybe they have a greater number of victims and they hit people financially.
But the thugs on the street are brutal and personally I would rather I lost all my savings to some computer hacker than have myself or a loved one beat up or even stabbed just for a few pounds in their wallets.