Jim Holden serves the Indiana State Treasurer’s Office as general counsel and chief deputy treasurer, and was recently promoted to Major in the Indiana Army National Guard. Prior to his work at the State Treasurer’s Office, James Holden worked for Attorney General Steve Carter as Deputy Attorney General, gaining extensive legal expertise and handling cases involving white collar crime, fraud, and medical malpractice.

Criminologist Edwin Sutherland was responsible for coining the term white collar crime in the late 1930s. Sutherland sought to highlight the difference in social status between perpetrators of white collar crimes and those committing other criminal acts. Perpetrators of white collar crimes are often highly intelligent and powerful individuals who may be responsible for large amounts of money. In contrast to blue collar crimes such as arson, assault, rape, and burglary, white collar crimes are typically nonviolent.

White collar crimes are similar to corporate

crimes in that the incentive is usually deceitful

financial return. Many types of fraud,

embezzlement, money laundering, and tax

evasion are considered white collar crimes.

Other forms of white collar crime are insider

trading, cyber crimes, and identity theft, which

have become more sophisticated and complex

in recent years thanks to modern technology.