what is intellectual property theft 
intellectual property theft is a white collar crime that robs people or companies of their ideas inventions and creative expressions known as intellectual property and may include trade secrets and proprietary products or movies music and software the bottom linesecurities fraud embezzlement corporate fraud and money laundering are considered white collar crimes perpetrated traditionally by those in corporate or office settings the sec nasd the fbi and state authorities work in concert to investigate white collar crimes which are often prosecuted at the federal level penalties for committing a white collar crime include prison fines and restitution 