White-collar criminal is usually defined as a nonviolent crime committed by someone of high social status, often in the business world. There are many synonyms for white-collar criminal such as executive criminal, corporate criminal, economic criminal, financial offender, and business offender. These terms are used to describe individuals who engage in criminal activities like securities fraud, insider trading, embezzlement, tax fraud, money laundering, or any other type of financial offense. The term white-collar criminal is often used to differentiate this type of criminal activity from street crime. Although these individuals may not physically harm anyone, their actions can have enormous financial consequences and negatively affect the lives of many people.