Q&A with Tom Gruber
White-collar crimes can cause liability for criminal’s employer
Q: What is a white-collar crime?
A: While there is no legal definition, white collar is generally used to describe a non-violent, business-related crime committed for financial gain. Antitrust fraud, tax evasion, bribery, securities fraud and kickbacks are just a few examples of offenses that can be classified as white-collar crimes.
Q: Can a business or its owner be exposed to civil or criminal liabilities when one of the business’ employees is accused of committing a corporate crime?
A: This could be an instance where the cover-up is worse than the crime. A business owner could face civil liability if she tries to hide the fraud from shareholders/investors and might be exposed to a criminal charge of accessory after the fact if she attempts to hide a crime from law enforcement.
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