According to the U.S. Bureau of Justice Statistics it is estimated that in terms of financial loss, white-collar crime impacts the public more adversely than all other forms of crime combined. Other forms of crime which are collectively dwarfed by the financial costs of white collar crime include robbery, burglary, vehicle theft, and others besides extraction of public funds by organized criminal families and drug trafficking networks who make huge profits from illegal dealings. White collar crimes Financial and property loss is not the only aftermath of this crime experienced by White collar crime victims. In fact, researchers have found that victims of both fraud and violent crime show similar psychological effects, with feelings of anxiety and major depressive disorders the most common psychiatric complications In addition to loss of money or property experienced by victims, victims reported health problems , lost time from work and harm to other family members. victims of a Ponzi scheme were with depression as a consequence These conditions often then feed into an impact upon the physical health of the victims. Hate crimes like white collar crimes has a profound affect on their victims that can often last a lifetime. Often, victims of hate crimes experience physiological distress including post-traumatic stress disorder and depression. In addition, victims of a hate crime may experience a greater sense of anger as compared to other victims of crime. Victims of hate crimes often at scarred in some kind of way either physically or mentally for the rest of their life. There are a variety of reasons why victims of hate crimes may not report the offense to the police. Non Reporting of hate crimes is usually a consequence of lack of trust of the police, fear of discrimination, abuse and mistreatment by law enforcement, or…
