White-Collar Crime Costs Between $300 To $600 Billion A Year

White-collar crime is a hard-to-solve problem – and a costly one, at that.

The FBI and the American Association of Certified Fraud Examiners estimate financial losses from white-collar crimes to be between $300 and $600 billion per year. But the issue is often overshadowed in the media by more attention-grabbing offenses and scandals. And it is complex for investigators to take on as well.

“White collar crime is way down the list because of the voluminous documentation involved in financial schemes requires significant resources to detect, investigate and prosecute successfully,” said Tim Deehan, president...