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Pop Quiz: All About White Collar Crime

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1.

White-collar crime may be defined as:

Crime committed by congressmen
Crime committed by professionals and corporate executives
Crime punished with a slap on the hand
All of the above

2.

All of the following are examples of white-collar crime except:

Stealing your neighbor’s Discover card and using it to buy 500 cases of imported strawberry jam
Donating a toaster to Goodwill and then claiming, on your annual 1040, to have given $30,000 to charity
Embezzling money from your employer
Failing to call 911 when you see someone mugged

3.

How many American households, on average, have been victims of white-collar crime?

1 in 2
1 in 3
1 in 4
1 in 20

4.

Of those American households victimized by white-collar crime, what percentage reported the crime?

41%
50%
75%
2%

5.

Lewis “Scooter” Libby was recently indicted for which white-collar crime?

Lying to a grand jury
Selling off stocks after receiving a tip from an insider
Breaking into the headquarters of the Democratic National Committee
Income tax evasion

6.

Which white-collar criminal recently made ponchos fashionable again?

Tom DeLay
Ken Lay
Martha Stewart
Andrew Fastow

7.

Which of the following is the white-collar criminal who was convicted in 1990 of securities fraud, and who now has a website touting his philanthropic foundations, devotion to his wife of 37 years, and stewardship of an economic research institute?

G. Gordon Liddy
Howard Hunt
Jeb Magruder
Michael Milken