White Collar Crime Cost Society more than Street Crime
White Collar Crime Cost Society more than Street Crime
Debbre Paige
Sociology I Professor: Ngo Lee Strayer University June 13, 2014
Abstract
White Collar Crime cost society more than street crime because it affects everyone from the C.E.O. of the company to the common consumer. White Collar Crime usually consist of non-violent behavior; involving activities such as; deception, corruption, embezzlement, breach of trust, and health care fraud, just to name a few, and is committed by using a computer and paperwork. Street Crime on the other hand consists mostly of violent behavior, and almost always involves the use of a weapon.
White Collar Crime cost Society More
White Collar Crime was first defined in 1939, by Edwin Southerland, a Sociologist of criminology. It affects 1 in every 4 households from lost pension funds to cost of consumer goods rising because of the crime committed, according to “The National White Collar Crime Center”, White Collar criminals are characterized as being well educated, white males, who hold a high level executive position in private companies or the Federal Government. Street criminals are usually from lower social-economic status and some live in poverty.
White Collar Crime
White Collar Crime is a very widespread, increasing problem, yet it is mostly overlooked because it appears to be harmless, compared to Street Crime, and many fail to recognize its cost on society. White Collar Crime costs America $300 billion a year according; to white collar crime statistics. Embezzlement of money, such as The Enron case, theft of goods and services and health care fraud are among the biggest white collar crimes committed in The United States. The Enron scandal was one of the biggest White Collar Crimes committed in The U.S.; where top level executives hid the company losses from investors and shareholders and placed the losses with special partnership companies. Their actions which cost upward of $70
Debbre Paige
Sociology I Professor: Ngo Lee Strayer University June 13, 2014
Abstract
White Collar Crime cost society more than street crime because it affects everyone from the C.E.O. of the company to the common consumer. White Collar Crime usually consist of non-violent behavior; involving activities such as; deception, corruption, embezzlement, breach of trust, and health care fraud, just to name a few, and is committed by using a computer and paperwork. Street Crime on the other hand consists mostly of violent behavior, and almost always involves the use of a weapon.
White Collar Crime cost Society More
White Collar Crime was first defined in 1939, by Edwin Southerland, a Sociologist of criminology. It affects 1 in every 4 households from lost pension funds to cost of consumer goods rising because of the crime committed, according to “The National White Collar Crime Center”, White Collar criminals are characterized as being well educated, white males, who hold a high level executive position in private companies or the Federal Government. Street criminals are usually from lower social-economic status and some live in poverty.
White Collar Crime
White Collar Crime is a very widespread, increasing problem, yet it is mostly overlooked because it appears to be harmless, compared to Street Crime, and many fail to recognize its cost on society. White Collar Crime costs America $300 billion a year according; to white collar crime statistics. Embezzlement of money, such as The Enron case, theft of goods and services and health care fraud are among the biggest white collar crimes committed in The United States. The Enron scandal was one of the biggest White Collar Crimes committed in The U.S.; where top level executives hid the company losses from investors and shareholders and placed the losses with special partnership companies. Their actions which cost upward of $70
References: Twenty Things You Should Know About Corporate Crime (2007) retrieved from: http://www.corporatecrimereporter.com/twenty061207.htm The Cost of Crime to Society (2010) retrieved from: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2835847/ One in Four Households Victim of White Collar Crime (2010) retrieved from: http://www.dailyfinance.com/2010/12/13/one-in-4-households-victim-of-white-collar-crime-report/ White Collar Crime and its Effects on Consumers (2008) retrieved from: http://www.articlesbase.com/economics-articles/white-collar-crime-and-its-effects-on-consumers-493020.html