Summary: The Culprits Behind White Collar Crimes

Criminals walk amongst us everyday. When people hear the word criminal, “murderer”, “robber”, and “arsonist”, are what most people think of. No one thinks about the CEO of a billion dollar company, the everyday pharmacist, or even a trusted personal financial advisor. This is due to the “respectability” and “high social status” these occupations hold (Temchenko, 2016). Of the many crimes committed every year, white collar crimes are one of the most highest crimes committed because they are overlooked. On July 28, 2016 , 14-year-old Bresha Meadows, who had no prior record of violence, was arrested and potentially up for a life sentence in prison for saving her family from more domestic abuse by shooting her father (Jeltsen, 2016) . In 2003 the former chairman and chief executive of MCSi Michael E. Peppel, who pleaded guilty to conspiracy, money laundering and filing false documents with the Securities and Exchange Commission was only sentenced to spend seven days in prison because Peppel was a “remarkably good man”. The charges against Peppel carry a minimum 8 year sentence (Henning, 2013). Sentencing disparities between white collar crime versus street crime is a crime within itself and some form of justice needs to be served.

White Collar crime is not a crime unto it self, but instead a criteria that has to be met in order for a crime to be considered as White- Collar Crime; (Blount, 2002) hence the reason why Corporate Crime is also considered as White- Collar Crime. At the same time, White Collar Crime and Corporate Crime can be seen as distinct criminological categories, however, in order to reveal this, this essay will firstly be exploring Sutherland's definition of white collar crime and the perplexity with this definition of white-collar crime. It will then be looking at the modification which had to take place with Sutherland's definition of white-collar crime in order to established a distinction between white-collar and corporate crime.

Specialized techniques for data recovery, evidence authentication and analysis of electronic data far exceeding normal data collection and preservation

This essay discusses Sutherland’s concept of white collar crime in the light of whether it is still appropriate in the 21st century. It is worth noting that white collar crime is often perceived as a less serious crime in the society. This is based on several reasons including the fact that the crime receives less media coverage. This incomprehensive media coverage of white collar crime may be attributed to the complex nature of the crime, which makes many incidences go unreported. In other words, it is often difficult to pin point one person as the perpetrator of the crime as it would happen with the case of robbery, knife crime, or drug trafficking. However, white crime remains a serious crime and one that can have serious negative

Why discuss the development of the marketplace? Why is it central to the concept of white-collar crime?

White-collar crimes are just as prevalent today as ordinary street crimes. Studies show that criminal acts committed by white-collar criminals continue to increase due to unforeseen opportunities presented in the corporate world, but these crimes are often overlooked or minimally publicized in reference to criminal acts on the street. Many street crimes are viewed as unnecessary, horrendous crimes because they are committed by lower class citizens, whereas white collar crimes are illegal acts committed by seemingly respectable people whose occupational roles are considered successful and often admired by many (Piquero, 2014). These views often allow white collar crimes to “slip through the cracks” and carry lesser charges or punishment.

Dr. Kelly Richmond Pope is an associate professor for the School of Accountancy and MIS at DePaul University in Chicago, Illinois. In completing her collegiate career, she obtained a bachelor's degree from North Carolina A&T State University in accounting. Further, Dr. Pope received her doctorate's degree in accounting from Virginia Tech. She was employed by KPMG, LLP practicing forensic accounting. Several cases Dr. Pope has worked on included insurance fraud investigations, fraud risk management jobs, and anti-money laundering engagements. In addition, she co-authored a book, The A.B.C.’s of Behavioral Forensics: Using Psychology to Prevent, Detect, and Deter Fraud.

In 1939, American sociologist Edwin Sutherland introduced the phrase “white-collar crime”. White-collar crime is a nonviolent crime committed by a business or large corporations. They are usually scams or frauds to gain wealth in society. The people who are guilty of this crime lie, cheat and steal from investors of their company or business. Even though these crimes are non-violent, they have major impacts on the society. Their companies become non existent and families get destroyed. All of their life savings and savings for their children get taken away, and they become bankrupt. Not only does it affect their families, the investors who believed in their business lose millions or even billions of dollars.

According to the article Allen Reichman was performed main role to commits the crime. He had good financial experience and relationship with many insurances as well as investment companies. Throughout the controversy of the insurances plan Richman’s company had provided $ 30 million loan to Charles Antonucci. The main purpose of the loan was buying the insurances company, which was located at the different state. As part of the commission, Allen Reichman received $ 200,000 to mange and approves the all process from his company. This fraud is consider under white-collar crime that is usually occurs from the top-level management person in the

Welcome to the age of white collar crime. A time when the words thieves and businessmen go hand in hand. White collar criminals don't get their hands dirty in their work. They use their heads to get what they want instead of using a little muscle. These criminals are just as dangerous as the rapists and murderers. In these times, even the most seemingly respectable people are suspected of white collar crimes. President Clinton and the first lady Hillary Clinton have been tangled up in the Whitewater and Travelgate business ventures. Although the two have not been formally charged with any wrongdoing, there is a committee currently investigating their dealings and charges are not out of the question for either of them. In Michael Isikoff's

There are many theories and sub-theories on why white-collar crime occurs, just as there are many theories and sub-theories on why street crime occurs. However, as with any theory dealing with sociology, there are faults as human nature is hard to define generally.

In this day and age, a corporation, family, or individual always has a potential risk of encountering fraud within their money supply. On average, fraud and abuse costs U.S. organizations more than $400 billion annually (Federal Bureau Investigation, 2010). Many may think that white collared crime is only money laundering or stealing, but that is only two out of the sum that countless culprits get away with. The term “white-collar crime,” originally coined in 1939 is synonymous with the full range of frauds committed by business and government professionals (Federal Bureau Investigation, 2010). These frauds include anything from bankruptcy fraud, money laundering, identity theft, corporate fraud to a wide number of threats all circling

White-Collar Crime consists of occupational crime and corporate crime. Occupational crime refers to offences committed against legitimate institutions businesses or government by those with "respectable" social status. It includes the embezzlement of corporate funds, tax evasion, computer crime and expense-account fraud. It is not every day that we hear about white-collar crimes but these non-violent crimes are on the rise to the top. Federal Bureau of Investigation states that USA, for example recorded white collar crimes amounting $300 billion every year (Cornell University, 2010). White-collar crime is relatively a new idea. It has many aspects that are practical for study and further interpretation to clear some of its dark areas. White-Collar Crime was once introduced by Edwin Sutherland in 1939 during his speech in American Sociological Society. The following crimes actually performed are Bribery, Extortion, Insurance, Fraud, Embezzlement, Cybercrime etc. People who participate in these criminal activities are highly powerful and respectful among the society. The following activities include description about White-collar Crime, Investigation of White Collar Crime and The Consequences of committing a White-collar Crime.

Therefore, the Golden Age created an important history of digital forensics – yet this vaunted past has been difficult for the present to keep up with, and Garfinkel is not certain that the future of digital forensics will match its past: “Without a clear strategy for enabling research efforts that build upon one another, forensic research will fall behind the market, tools will become increasingly obsolete, and law enforcement, military and other users of computer forensics products will be unable to rely on the results of forensic analysis” (Garfinkel, 2010, p. S64). Thus, it is clear that digital forensics is undergoing or must undergo a dramatic shift. Is this the case? The following literature review, which is subdivided into two main sections (i.e., statistical tools and processes and the future of digital forensics), seeks to evaluate the literature on this topic with an eye towards Garfinkel’s claims.

David O. Friedrichs provided more accurate definition of occupational deviance because the term seems to be applied to activities drifted away from the original meaning of White Collar crime. It’s blended with the term conventional crime. Edwin Sutherland introduced the concept of white-collar crime in 1939. There were conceptual confusions with the term occupational crime, occupational deviance, and workplace crime because these terms are combined with white-collar crime. Friedrichs (2002) defined occupational deviances as “characterized as activity undertaken for one’s own gain, or to cope with workplace stress, and not for the benefit of one’s employer or organization” (p.249).