Certified Anti-Money Laundering Specialist Certification (CAMS) Practice Exam

Which of the following is NOT typically considered a white-collar crime?

1. Tax fraud

2. Money laundering

3. Arson

4. Bribery

The correct answer is: Arson

The distinction between white-collar crimes and other types of crime is often based on the nature of the offense and the typical profile of the perpetrator. White-collar crimes generally involve deceit or concealment for financial gain and are typically committed by individuals or organizations in business or professional settings. Arson, defined as the willful and malicious burning or exploding of property, does not fit this mold. It is primarily characterized as a violent crime because it often involves the intent to cause harm and can endanger lives and properties, frequently demonstrating a disregard for human safety. Therefore, while tax fraud, money laundering, and bribery are crimes that generally exploit trust in business environments and involve financial gain through deceitful means, arson is rooted in destructive intent rather than financial manipulation. In summary, the correct answer highlights that arson is not typically associated with the category of white-collar crime, differentiating it from the other listed offenses that are more aligned with financial crimes and abuse of power.