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  • 21-01-2018
  • Business
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The annual cost of white-collar crime is __________ the annual cost of all conventional or street crime. much more than much less than about the same as unknown compared to

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W0lf93
W0lf93 W0lf93
  • 03-02-2018
A 2013 study showed that while-collar crime in America costs roughly $600-750 billion per year, which is close to 5% of GDP. By comparison, other criminal offenses were estimated in a similar study to cost around $15B in economic losses, as well as incur about $180B in expenditure through law enforcement and the legal system. Thus this figure would amount to about $200B, making white-collar crime about 3x the cost impact of other crimes.
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