Mark was an employee in a financial services firm. Although he was paid an average salary, he bought a luxury car with money borrowed from a loan shark. The loan shark threatened to kill him if he did not repay the money within three months. Intimidated by the threat, Mark embezzled funds from his company. Mark most likely committed a(n) _____.

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jayayb1937 jayayb1937

13-02-2020
Social Studies

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Mark was an employee in a financial services firm. Although he was paid an average salary, he bought a luxury car with money borrowed from a loan shark. The loan shark threatened to kill him if he did not repay the money within three months. Intimidated by the threat, Mark embezzled funds from his company. Mark most likely committed a(n) _____.

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mandhlelaz mandhlelaz · Answer 1 · 2020-02-14T08:14:06+01:00

Answer:White-Collar Crime

Explanation:What Is White-Collar Crime? White-collar crime is a criminal act that doesn't include violence but it is commited because one is looking to gain financially. This crime can be deceit, concealment and violation of trust. A person who commits this crime is driven by wanting to avoid losing property not money

These type of crimes includes fsecurities and corporate fraud, embezzlement, and money laundering.