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. …show more content…
Corrupt influence can also occur through affection; as we grow relationships with certain people around us we start to trust their opinion. Clearly this person has earned this trust over time as you have developed a relationship with them, however, under certain circumstances, this person could use the trust you have empowered them with for their personal gain. Embezzlement may occur in many different circumstances. Sometimes, it can cost a person to lose millions of dollars to another individual or something as simple as a small, every day product. Embezzlement may be defined by “fraudulent conversion of another 's property or money by a person to whom it has been entrusted.” (4*) For example, if a waitress in a restaurant were to take your order, bring your food, and proceed to collect the payment without punching it into the computer. Instead she chooses to pocket this money for her own sake. The restaurant has entrusted this waitress with the responsibility to put all payments for food into the cash register and properly enter the order into the computer. As she knowingly, and willingly fails to do so; instead she decides to pocket the money. This action falls under the crime of embezzlement. Jack Johnson, an elite defenceman in the National Hockey League, signed a contract extension in January of 2011 which was worth $30.5 million through seven years. On October 7, 2014 Johnson filed for bankruptcy. How does someone making so much money go

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