Preview

White Collar Crime

Better Essays
Open Document
Open Document
1482 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
White Collar Crime
Welcome to the age of white collar crime. A time when the words thieves and businessmen go hand in hand. White collar criminals don't get their hands dirty in their work. They use their heads to get what they want instead of using a little muscle. These criminals are just as dangerous as the rapists and murderers. In these times, even the most seemingly respectable people are suspected of white collar crimes. President Clinton and the first lady Hillary Clinton have been tangled up in the Whitewater and Travelgate business ventures. Although the two have not been formally charged with any wrongdoing, there is a committee currently investigating their dealings and charges are not out of the question for either of them. In Michael Isikoff's and Mark Hosenball's Newsweek article "Cracks in the Wall," they describe the Clintons' dealings with Whitewater and the possible consequences of them: "The Senate Whitewater committee is considering asking for perjury charges against Susan Thomas and Maggie Williams, Mrs. Clintons' chief of staff, in connection with her testimony about the removal of documents from Vince Foster's office" (Isikoff 29). This case goes to show that there presently a growing problem with our country, and it is called white collar crime. White collar crimes are very numerous in kind. New ones are always being invented by someone with a good scam. Embezzlement, tax evasion, and fraud are some of the more popular kinds. A person who has the power of controlling money in a business is most likely commit embezzlement. A shortened definition of embezzlement is "to steal money that is entrusted to Phillips 2 one." This is one of the fastest rising crimes in the nation. According to the Federal Bureau of Investigation, embezzlement rose thirty eight percent from 1984 to 1993 (U.S. Dept. of Justice 239). Forgery is another growing form of white collar crime. This is defined as the act of imitating or counterfeiting documents or signatures for the purpose of

You May Also Find These Documents Helpful

  • Good Essays

    white collar crime. Bernard Ebbers cooked the books to make his company seem like they are…

    • 1065 Words
    • 5 Pages
    Good Essays
  • Good Essays

    *corporate crime: any act committed by a corporation that is punished by the state, regardless whether it is punished under administrative, civil, or criminal law…

    • 2303 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    White Collar crimes has the power to win election, gain public trust, influence the press and give a person the impression that he or she can continue to lie so they can stay a step ahead of the compaction. For example, take the Enron case, top officials at this Houston-based company cheated investors and paid themselves through complex accounting gimmicks like over valuing assets to boost cash flow and earnings statements, which made the company more appealing to investors.…

    • 553 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    In this case well no he didn’t do. 2) Next is concealment, this one he did do by compiling mass amounts of paperwork, and case files from not only the U.S. government, but other companies and governments as well. 3) The third is violation of trust, or abuse of power, and trust. This one is a little tricky because of the law that states on the theft, compiling and use of government documents. He had the power to view these documents and the trust from the government to see such thing so when he went out on a limb and published those in a webpage format then he violated this rule, or element. The other thing is that he is NOT a citizen of the U.S. therefore the first amendment right would not apply to him. Because of this; it is an American document, and doctrine. So implies the Espionage act which he falls under and has violated. So the final question in this topic is he a criminal, well yes he is because of the amount of data, and the amount of sensitive information that he and his team has exposed. White collar crime yes because he leaked in cyber form information that could cause harm, and damages to a nation, person, or group. The tricky part is the prosecution of this case because of the international retaliation act, and the whistleblowers law at here in the U.S. both of these can be seen as a a way to allow him to continue processing…

    • 2060 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Bernie Madoff is claimed to be the largest white-collar criminal in history. I knew of the scheme when he was arrested, however, I was not aware of the scope of the crime that had been committed. Furthermore, The understanding that I gained from The Madoff Affair documentary involving white collar crime is that not only business managers, VPs, and even lower level employees are able to commit this type of fraud but that the number one person in charge can run a scheme so big that it boasts billions of dollars to the extent of almost a century while managing to exploit no one but himself in the end.…

    • 513 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Studies by Sutherland (1949/67, cited in Hughes et al, 1996 p.244) described the types of crimes the powerful commit as, "...violations of law by persons in the upper socio-economic class are, for convenience called 'white collar ' crimes" There are many different kinds of white collar or "corporation" crime, ranging from fraud, embezzlement, insider trading, to health and safety, environment crime, tax evasion, and crimes against the consumer.…

    • 2354 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    The Australian criminal justice system responds differently to different types of crimes. One type of crime being white collar crime or corporate crime.…

    • 1886 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    The first legal documentation of white-collar crime was documented in the 15th century in England. In the year 1473, a law passed after an agent was arrested for embezzlement when he was responsible to transport wool and he ended up stealing wool for himself. After this law passed white-collar crimes were still uncommon because not much attention was brought until after the industrial revolution. The only reason attention was brought during/after the Industrial revolution was because of monopolistic practices, companies would rise prices and consumers would get angry because that product was just recently cheap. During this period nothing was wrong with manufactures raising prices for products, but consumers knew it was not right, so they started…

    • 1315 Words
    • 6 Pages
    Better Essays
  • Better Essays

    I am a criminologist and I have been hired to assist the Farm Workers Union. The Union is making allegations that each year thousands of farm workers are sickened by exposure to pesticides used on the farms where they work. Exposure is said to occur when the workers are in the fields and helicopters spray the nearby fields. However, the industry is aware of the problem, but continues the practice. The government considers the problem of pesticide drift a statistically small one compared to the total amount of pesticide applications. It is my job to help ease the situation regarding the Union’s frustration at the apparent collusion between the industry and government. The questions that I will be addressing are whether or not the farm industry is committing a crime, why or why not? Is the government committing a crime? Why or why not? In my observation if I discover that no crime was committed then I will address as to where the farm workers will be able to obtain relief from. I then will discuss the historical success of other employees working in unsafe conditions and if they have gained any kind of relief from their past exposure.…

    • 1841 Words
    • 8 Pages
    Better Essays
  • Satisfactory Essays

    White caller crime is slow poison for the human society. There are many negative effects associated with society. Such as economical effect and social effect. In social effect people have to lose money and in social effect, the negative effect is connected with the family. If any case your personal information are hacked by hackers so it will huge problem for us and it creates many issues on social life. Because hackers can use those information for unethically purpose. According to my understanding, white collar crime is not victimless crime. White collar crime commits manly in public sectors. Therefore, people are the main victims in the white collar crime.…

    • 217 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Fear of reporting any criminal victimization is another similarity between street crime and white-collar crime. Victims often fear retaliation from the offender if they were to report the criminal act. Statistics from the Bureau of Justice Statistics (BJS) revealed “in 2015, less than half (47%) of violent victimizations and more than half (55%) of serious violent victimizations were reported to police” (Criminal Victimization, 2015, 2016). Often white-collar crimes go unreported is because the victim(s) was simply unaware of being victimized (Shover, 1998, p.…

    • 84 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    In answering the question, do you think control theory can explain such a crime in white-collar and corporate crimes? A white-collar crime are nonviolent crimes that are committed by business and some government professional. White-collar crimes can include fraud, forgery, identity theft, and money laundering. These crimes are committed by individuals of respectability and also have high social status. In the United States a sentence for a white-collar crime could include a combination of imprisonment, fines restitution, community service, probation. In 2002 the Sarbanes–Oxley Act was passed and the punishments grew harsher. (White-collar crime, 2015)…

    • 203 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The FBI defines white collar crimes as lying, cheating, and stealing. The Department of Justice defines them as non violent illegal activities that involve deception. White collar crimes falls under the purview of Criminal law. They are usually committed for financial gain. They are committed by means of deception used by people who are in an entrepreneurial professional or semi professional position. Not all people that commit white collar crimes are semi or professionals or have special technical knowledge as once thought by the government (Strader, J. K., 2002).…

    • 432 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Organized Crime In America

    • 1740 Words
    • 7 Pages

    Organized crime has always been occupied with a negative label. Perhaps this is due to the constantly changing environment in America as well as the social state of its homeland, Europe. Our society is convinced that the so-called Mafia is a family of pure criminals, pimps, and murderers. Whatever the opinion, there is no doubt that the Mafia played a big part in the history of America and the way Americans view crime today. "The origins of the secret society known as the Mafia are believed to be as old as the 9th century" (Mafia History). During the 9th century, the Mafia's main purpose was to strengthen themselves against enemies, which invaded their homeland in Sicily. It was supposed to create a strong feeling of togetherness…

    • 1740 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    White collar crime can be found in any type of business industry, job occupation and profession. This type of crime comes in many styles and forms. Although there are many styles and forms of white collar crime, they all share the same characteristics. First, they involve the use of dishonesty and concealment, rather than the use of force or violence, for the unlawful gain of money, property, or services (Levenson, 2014). Another point that was brought out by Levenson in her article was that white-collar crimes typically involve abuse of positions of trust and power. These officials solicit and accept bribes and fix prices to drive the competitors out of business and then abuse their positions in turn.…

    • 940 Words
    • 4 Pages
    Good Essays