WhiteCollarCrime

From insider trading to getting ready for life "on the inside" -- The Wall Street Journal reports that convicted white-collar criminals are increasingly paying for prison prep from former inmates.

Taking a cue from more high-end swindlers, a slew of violent gangs, including the Bloods, the Crips and the Latin Kings are branching out into mortgage fraud, identity theft, check counterfeiting and bank fraud, among other crimes.

Enron may be the most infamous, but it's just one of many instances of financial chicanery in recent corporate history. Examples of such shenanigans are rich, ripe, and recurring, right up to the present.

Koss Headphones, a small publicly-traded company based in Milwaukee, said last week it has fired Sujata "Sue" Sachdeva, the executive VP recently accused of embezzlement. Sachdeva, who is accused of spending millions on expensive clothing and jewelry, including more than $1.3 million over two years...

Business owners nationwide, primarily of Asian descent, are being targeted by extortionists who threaten them by telephone after gleaning personal information about them from the Internet, the FBI said today.A warning was issued today on IC3.gov, a site operated by the FBI and the National White...

Ask any white collar criminal (past or present) and they will likely tell you that one of the main factors in getting away with their crimes (at least for a while) was the believability factor. Above all else, those in the position to be ripped off had to believe in the white collar criminal.So it...