White-Collar Crimes

Topics: Crime, Criminology, Arrest Pages: 2 (1176 words) Published: May 17, 2015
Ian De Jesus
Law Enforcement 1 - 3B

White-Collar Crimes

One would ask why someone with a high position, who is already earning vast amounts of cash or resources, would use backhanded tactics to maintain or advance their power. Unfortunately, the love of money or power have sent what seemed respectable people into corruption. White-collar crimes come in many forms and typically include fraud, bribery, Ponzi, schemes, insider trading, etc. They are mostly motivated by financial gain and are nonviolent crimes. This crisis has been a continuing process since the beginning of man. One could say that it is so due to the greediness of human nature. However, there have been recent efforts by organizations to hunt down these men and women who have been abusing their powers for their own benefits. Moreover, due to the differing nature of these crimes from regular violent crimes, the necessary judicial process might be different for white-collar crimes.

There have been numerous instances of white-collar crimes around the local areas of Texas. One of those cases occurred in the Rio Grande Valley when the Cameron County District Attorney Armando Villalobos was arrested in 2013 and was sentenced 13 years in prison because he was convicted of misusing his authority by taking bribes in exchange for “service.” Another event of white-collar crime in the Rio Grande is when a Starr County narcotics officer was subdued because he was indicted with the act of being paid thousands of dollars for trying to steal a drug load with a fake seizure report. However, if Texas can be affected by these crimes, other states throughout the nation would most likely be affected too. An example of this would be when a film scheme occurred in California. The owners of a company called Gigapix Studios claimed that they were creating an animated movie for the “Wizard of Oz” called “OZ3D.” They promoted their ideas and encouraged the investors to support their cause and declared...
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