Classic Defn of Org Crime A planned or organized illegal act of deceit or trickery committed by an individual or organization usually conducted as a deviation from legitimate business activity against a consumer, a business, a political entity, or the public welfare, for personal or corporate gain. Corporation - a legal entity created by state and federal laws. You don't need a gun to steal.
More money is stolen by white-collar criminals than by bank robbers.
A white-collar criminal is one who uses illegal business practices to take money that doesn't belong to him or her. For example, someone who takes bribes or secretly diverts company money to his own bank account is a white-collar criminal. In many cases, business-related crime violates federal laws and ends up in a federal court. Federal courts handle crimes that involve laws passed by the U. S. Congress. Federal cases often involve things like drug trafficking, mail fraud, tax evasion, kidnapping, crossing state lines for criminal purposes or even using the mails or telephones for illegal purposes.