> Article: By comparison, common crimes like burglary, larceny and theft cost just $16 billion per year. (FBI)
> FBI: Collectively, victims of property crimes (excluding arson) suffered losses estimated at $16.4 billion in 2018.
Those aren't the same statistic. The cost of property (or any other kind of) crime is the sum of the losses plus the cost of prevention. If typical prevention costs more than is lost (the security industry is estimated at over 200B by some sources), then that figure should be compared to the combined security+loss cost of white collar crime. I don't think the ratio will get particularly close to 1, but it should shrink from 20.
Also,
> Article: Three-quarters of white-collar criminal offenders are white males.
A majority of the $300B figure computed by the FBI is in the form of foreign economic espionage and (not-necessarily-domestic) IP theft. I'm going to doubt that the major players in that are overwhelmingly white men.
The article (edit: apparently an extended ad) appears to have been written with a conclusion in mind before the facts were cherry picked sans context to support it.
> FBI: Collectively, victims of property crimes (excluding arson) suffered losses estimated at $16.4 billion in 2018.
Those aren't the same statistic. The cost of property (or any other kind of) crime is the sum of the losses plus the cost of prevention. If typical prevention costs more than is lost (the security industry is estimated at over 200B by some sources), then that figure should be compared to the combined security+loss cost of white collar crime. I don't think the ratio will get particularly close to 1, but it should shrink from 20.
Also,
> Article: Three-quarters of white-collar criminal offenders are white males.
A majority of the $300B figure computed by the FBI is in the form of foreign economic espionage and (not-necessarily-domestic) IP theft. I'm going to doubt that the major players in that are overwhelmingly white men.
The article (edit: apparently an extended ad) appears to have been written with a conclusion in mind before the facts were cherry picked sans context to support it.