Investigating The National Hockey League Scandal And Its Effect On White Collar Crime

1799 Words May 11th, 2016 8 Pages
In todays fast paced society, White Collar Crimes are no longer overlooked. Rather, these crimes have become the target for special task forces. They may occur once a month, once a year, or even once a day. Some examples of these crimes include “bribery, Ponzi schemes, insider trading, embezzlement, cybercrime, copyright infringement, money laundering, identity theft, and forgery.” (4*) White Collar Crimes are usually directly associated with some sort of corruption. In this essay I will be taking a current National Hockey League scandal and relating it to white collar crime, specifically embezzlement and corrupt influence. To begin, I will provide a brief explanation of corruption, embezzlement and the power of a corrupt influence. Secondly, I shall present information on Jack Johnson, a defencemen for the Columbus Blue Jackets (NHL), and the reason he went from signing a seven year, $30.5 million dollar contract to filing for bankruptcy three and a half years later. Finally, I will relate embezzlement and corrupt influence to Johnsons scandal and how it had a direct effect on him filing for bankruptcy. There are many different types of corruption which occur around the world. The different types include bribery, embezzlement, fraud and extortion. The reason each one of these occurs is because “someone is abusing their power for personal gain.” (4*) I personally believe corruption can only have one of two outcomes. Although it is illegal, I believe the first outcome is…

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