Identity Theft In today’s society‚ there is a white-collar crime that has greatly risen in popularity among criminals. This crime is identity theft. Hundreds of thousands of people have their identities stolen each year. Identity theft is when these criminals obtain and use consumers personal information such as credit card numbers‚ bank account numbers‚ insurance information‚ and social security numbers to purchase goods or services fraudulently. According to the Federal Trade Commission
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White-Collar Crime‚ or financial crime‚ is a widespread problem in America that usually does not get the type of attention it deserves. It is perceived as boring and people do not usually care to learn about it. Everyone knows about Blue-Collar crime (Street Crime) and murder‚ rape‚ and theft are usually met with feelings of anger and disgust. But unfortunately‚ White-Collar crime does not stir up the same feelings one would expect to receive from a murder. Fraudulent loans and embezzlement are just
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White-Collar Deviance John O. Temple Jr. SOC 443 Christina Scott November 2011 White-Collar Deviance So what is white-collar crime? According to the Meridian-Webster dictionary the word white is a stereotypical association of good character‚ marked by upright fairness‚ free from spot or blemish‚ free from moral impurity ‚ innocent‚ marked by the wearing of white by the woman as a symbol of purity‚ not intended to cause harm‚ a white lie‚ favorable‚ fortunate. And there is the infamous
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Insider Trading: Should it be abolished? Insider trading is defined as “ trading whilst in possession of non-public information and if known to the public‚ may lead to a substantial movement in a security’s price” . In Australia it is prohibited by insider trading regulation (IT regulations) in the Corporations Law (CL) 1991 ‚ though it was initially established from recommendations made by the Rae committee in 1974 on the mining company scandals . The latest law changed one single section to
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BOARD OF INDIA (1[PROHIBITION OF] INSIDER TRADING) REGULATIONS‚ 1992 In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act‚ 1992 (15 of 1992)‚ the Board‚ with the previous approval of the Central Government‚ hereby makes the following regulations‚ namely:— CHAPTER I PRELIMINARY Short title and commencement. 1. (1) These regulations may be called the Securities and Exchange Board of India (2[Prohibition of] Insider Trading) Regulations‚ 1992. (2) These regulations
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Insider Trading Article Q1. What is Jeffery Archer accused of? Jeffery Archer is accused of insider trading with the shares of Anglia TV. Jeffery bought shares for the "inside information" of the companies dealing account‚ the day after the last board meeting but before the bid was announced. He should have known that even if he found out insider information from his wife the law makes it clear that he cannot deal or trade with that stock. It would be considered unfair to the rest of the
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White Collar Crime: Essay 3. Regulatory regimes for white collar crime & corporate crime. The regulatory regimes in place for white-collar crime (WCC) and corporate crime (CC) are much more extensive than those for any other sort of crimes‚ problematically WCC and CC continues to grow. This essay will firstly‚ examine the regulatory regimes in place for the increasing WCC of credit card fraud and secondly how corporations are regulated to prevent CC against the environment through fly-tipping
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WHITE COLLAR CRIME Introduction Edwin H. Sutherland defined white collar crime as “a crime committed by a person of respectability and high social status in the course of his occupation” (Benson and Simpson 2009). White-collar crimes and white-collar crime offenders differ from other criminal offenders and offenses for several reasons. The motive‚ the act of concealment‚ intent and the disguise separate white collar criminals from other criminals (Edelhertz‚ 1970). When a common crime such
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White collar crime and credit card fraud are complex crimes that are generally related to business‚ industry‚ and economic schemes. The U.S. Department of Justice defines white collar crime as a “nonviolent‚ illegal activities that rely on deceit‚ deception‚ concealment‚ manipulation‚ breach of trust‚ subterfuge‚ or illegal circumvention” (Criminal Investigation‚ 11th Edition). Statically these sophisticated crimes are usually committed by caucasian and european men. No matter the circumstances‚
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White Collar Crimes John E. Brown Strayer University CRJ 105- Crime and Criminal Behavior Professor Deborah S. White April 26‚ 2014 White Collar Crimes Introduction: This paper will explain why the topic of White Collar Crime needs to be researched and what actions should be taken‚ while during the research. 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
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