Andreas Schneider


This research paper contributes to the literature of white-collar crime by using a unique data set of aggregated monthly white-collar crime incidents for Paraguay. The time series includes data from 2000–2016. Furthermore, a seasonal ARIMA model is presented to model the data. Findings show that white-collar crime has increased more than 800 percent and crime rate more than 640 percent respectively, with a peak in 2015. Fraud and violation of trust contribute to over 91 percent of aggregated white-collar crime. A prediction for 2017 indicates a slight decrease of 5.7 percent compared to 2016.

Keywords: White-collar crime, Paraguay, ARIMA models, Time series, Model selection, Akaike weights

Mag. Andreas Schneider is a consultant and independent researcher in Asuncion (Paraguay) and a registered expert of the Supreme Court of Justice. He holds a German degree in Business Administration and is also a certified expert in Risk Management (Frankfurt School of Finance and Management, Germany). Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Cite this article:
Schneider Andreas. ARE THEIR COLLARS STILL WHITE? WHITE-COLLAR CRIME: EVIDENDENCE FROM PARAGUAY 2000–2016. Innovative Issues and Approaches in Social Sciences, vol.10, no.2:-, DOI:

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