2. Jim Holden serves the Indiana State
Treasurer’s Office as general counsel and chief
deputy treasurer, and was recently promoted to
Major in the Indiana Army National Guard. Prior
to his work at the State Treasurer’s Office,
James Holden worked for Attorney General
Steve Carter as Deputy Attorney General,
gaining extensive legal expertise and handling
cases involving white collar crime, fraud, and
medical malpractice.

3. Criminologist Edwin Sutherland was responsible for
coining the term white collar crime in the late
1930s. Sutherland sought to highlight the difference
in social status between perpetrators of white collar
crimes and those committing other criminal acts.
Perpetrators of white collar crimes are often highly
intelligent and powerful individuals who may be
responsible for large amounts of money. In contrast
to blue collar crimes such as arson, assault, rape,
and burglary, white collar crimes are typically
nonviolent.

4. White collar crimes are similar to corporate
crimes in that the incentive is usually deceitful
financial return. Many types of fraud,
embezzlement, money laundering, and tax
evasion are considered white collar crimes.
Other forms of white collar crime are insider
trading, cyber crimes, and identity theft, which
have become more sophisticated and complex
in recent years thanks to modern technology.