Taking a Look at White Collar Crimes

667 Words Feb 26th, 2018 3 Pages
You will be learning who coined the term, what it is, and you will also be learning who does it. The term white collar is define as- of or relating to the work done or those who work in an office or other professional environment. It was coined by the late great Edwin Sutherland in 1941. Sutherland said ‘’ white collar is a crime committed by a person of respectability and high social status in the course of his occupation (siegel-337). Let me just give you some examples of a white collar crime, promulgating or misleading advertisements, illegal exploitation of employees, putting bad labels on goods, violating of measures statues etc. ‘’ For many judges and jurors, what goes on in an executive suite may just as well be happening in mars,’’ says University of Illinois law professor Larry Ribstein (ribstein prosecutorial advantages pg. 2). Ribstein is right what goes on in an executive office most of the time doesn’t come out most of the time because most of the corporate executives are selfish greedy and irresponsible. CEO’s make sure their covered they are the most selfish one’s/smart ones cause they don’t get fired most of the time because they cover themselves. ‘’ Signs that banks were either lying about their results or were taking large risks that were not fully disclosed’’ (Gelinas, Nicole pg. 5). Sometimes CEOs have to lie because…

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