This study examines how immigrants from the Former Soviet Union (FSU) who have lived in Israel for an average of 10 years perceive white-collar crime. After a survey of the literature about the Soviet economy and how Soviet society regarded white-collar crime, we examine the relationship between FSU immigrants’ tolerance of white-collar crime (relative to their Israeli counterparts) and the degree of their involvement in Russian culture and society. This involvement was analyzed using a system of variables that indicate the subjects’ affinity for Russian culture and society and rejection of (isolation from) Israeli society. The study’s 1,028 participants are a representative sample of the olim (immigrants to Israel) from the FSU between 1990 and 2005. Our findings reinforced the hypothesis that the more involved these immigrants are in Russian culture and society, and the more alienated they are from Israeli society, the more permissive their view of white-collar crime. Nonetheless, our study explains 27 % of the variance in their view of white-collar crime. Hence the question requires further research. Our findings are discussed in terms of the decisive impact of the Soviet process of socialization on the values, perspectives, and behavior patterns of Post-Soviet man and its ramifications for the rule of law and their conception of Israeli democracy.