Which statement best describes white-collar crime?

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Involves acts of physical violenceYields only minor financial gains for offendersResults in significant financial losses for societyFaces harsher penalties than blue-collar offensesIs primarily committed by blue-collar workers

Explanation

White-collar crime typically does not involve violence (A) and often results in substantial financial damage to society (C). Contrary to option B, the monetary gains are usually large, and these crimes are not necessarily punished more severely than blue-collar crimes (D). Option E is incorrect because white-collar crimes are generally committed by individuals in professional or managerial positions, not blue-collar workers.