Coined in 1939, the term “white collar crime” is now synonymous with the full range of frauds committed by business and government professionals. These crimes are characterized by deceit, concealment, or violation of trust and are not dependent on the application or threat of physical force or violence. The motivation behind these crimes is financial—to obtain or avoid losing money, property, or services or to secure a personal or business advantage.
These are not victimless crimes. A single scam can destroy a company, devastate families by wiping out their life savings, or cost investors billions of dollars (or even all three).
The Forensic Accounting Masters Degree Program at the FAU School of Accounting Executive Programs prepares students to become a force in the fight against all fraud, including white collar crimes.