Final answer:
Collusion is the cooperation between an employee and a company outsider to commit theft from a firm, exploiting the insider's knowledge and role within the company.
Step-by-step explanation:
The cooperation between an employee and a company outsider to steal money from a firm is referred to as 'collusion' in the context of corporate crime. This illegal act can take various forms but often involves an employee who abuses their position of trust within the company to misappropriate funds, sometimes in inventive ways that can be difficult to detect. The insider-outsider model illustrates the key role that insiders play in a company, and how they are positioned to facilitate such actions due to their in-depth knowledge of company processes and systems. When an employee colludes with an outsider to commit theft, it's not just a violation of legal statutes but also a breach of the ethical duty the employee owes to their employer.