The costs of white-collar crimes are difficult to quantify because the costs incurred are higher than those of conventional crimes (DiMarino & Roberson, 2013). The types of cost attributed to white-collar crimes are as follows. 1. Direct Cost is an economic loss/measurable loss. It is also termed as the victim’s loss that is measurable. For example, market value, financial loss, and replacement cost, etc. (Fredrichs, 2010). 2. Indirect Cost is the type of cost that is occurred in response to the white-collar crime. It is difficult to measure because it has a non-economic impact. For example, the increase in ...
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