Unfortunately, white collar crime is thriving in the United Kingdom. What exactly is white collar crime, what are some examples of it, and how can digital forensic services help to detect it?
What is White Collar Crime?
Commonly committed by either government or business officials, white collar crimes are nonviolent and are usually financially motivated. White collar crimes often include intentional lies that deceive another party. The first person to use the term white collar crime was American criminologist, Edwin Sutherland as he was addressing the American Sociological Society in 1939 during a presidential address.
What Are Some Examples of White Collar Crimes?
According to the Ministry of Justice (MOJ), in 2015, there were 9,401 cases of white collar crimes that were prosecuted in the UK. Here are some common types of white collar crimes that get committed in the UK:
- Money laundering - when proceeds are illegally gained, but appear to be perfectly legal
- Conspiracy to defraud - when two or more persons agree to conceal profits made in secret
- Fraudulent trading - running a business for the sole purpose of defrauding creditors
- Participating in fraudulent business - dishonestly obtaining services and not intending to pay for them
- False accounting practices - usually includes false applications, false bills, false accounting entries, and destroying important accounting documents and records
- Offenses under the Financial Services and Markets Act - these types of offenses include insider dealing and other types of market abuse
- Offenses under the Enterprise Act - these types of offenses include price fixing, market sharing, and bid rigging
Other common types of white collar crimes include credit card fraud, embezzlement, bribery, and public corruption.
How Digital Forensic Services Can Help Detect White Collar Crimes
Because we live in such a digitized world, using technology to commit white collar crimes is usually necessary. While the methods used to commit these types of crimes are often sophisticated, it can be difficult to identify and successfully prosecute the criminals. However, advances in digital forensic services can make it easier to detect such crimes. Some examples of digital forensic services include:
- Mobile device data recovery
- Cell phone extraction reports
- Mobile device forensic analysis
- Hard drive data recovery
- Hard drive imaging
- Computer forensics analysis and investigations
- Cloud/network intrusion analysis
Depending on the type of white collar crime committed, using any or all of the above digital forensic services can help to find evidence of crimes being committed when computers, cell phones, and other electronic devices are used to help carry out the crime. Talk to a company like MB Digital Forensics LTD for more information.