Embezzlement is 'white collar crime' and has happened for a long time (and been the focus of movies). Cheque fraud is also 'white collar crime' and Catch Me If You Can came out in 2002. You're just associating more public scrutiny (and therefore more government focus) on banks / investing / Wall Street with a greater focus on "white collar crime."
Comments
Embezzlement is 'white collar crime' and has happened for a long time (and been the focus of movies). Cheque fraud is also 'white collar crime' and Catch Me If You Can came out in 2002. You're just associating more public scrutiny (and therefore more government focus) on banks / investing / Wall Street with a greater focus on "white collar crime."