5.2b Property Crime

Property crime is far more common than violent crimes. Property crimes include damaging or stealing another person’s property (robbery, burglary, arson, fraud, shoplifting). The most common property crime is larceny and theft (Gramlich, 2024).

White-Collar Crime

White-collar crimes are committed during one’s occupation or on behalf of a corporation (insider trading, embezzlement, price fixing) or fraud. For instance, a healthcare provider could bill an insurance company for procedures they never performed. Any funds collected from the insurance company would be received fraudulently. The Federal Trade Commission (2024) reports that U.S. adults lost at least $10 billion to fraud in 2023 through investment swindles and other types of frauds.

Cyber-Enabled Crimes

Cyber-enabled crimes are use digital devices or networks (identity theft, phishing, online child exploitation). Cyber-enabled crimes are growing. The Internet Crime Complaint Center (2025) reports that the most common cyber-enabled crimes are phishing/spoofing, cryptocurrency fraud, extortion, and personal data breaches. Cryptocurrency fraud causes the highest losses, amounting to approximately $9 billion in 2024 (Internet Crime Complaint Center, 2025).

Photo 5.3

Cyber-Enabled Crime Has Costs $50.5 Billion from 2020-2024