An example of ______________________ is Bernie Madoff, who was convicted of being the leader of a Ponzi scheme.
A) blue-collar crime
B) organized crime
C) white-collar crime
D) property crime

Question

Quizplus · Accepted Answer

Bernie Madoff was involved in a white-collar crime, which refers to nonviolent crimes committed by individuals or corporations in the course of their occupational or business activities for financial gain. Ponzi schemes, such as the one Madoff led, are a common type of white-collar crime where early investors are paid returns with the money of new investors rather than actual profits.

An Example of ______________________ Is Bernie Madoff, Who Was Convicted