The article, “Public perceptions of white collar crime culpability: Bribery, perjury, and fraud”, discuss the difficulties of certain white-collar behaviors. Research will attempt to explain the consistent and inconsistence of the perception with a current law. The study has proven that laypersons concerning white-collar crimes are comfortable when deciding these crimes fairly. Participants viewed bribery as a non-criminal act by the office holder under the American federal law. Individuals that commit white-collar crimes are not hoarse punished rather than those that commit street crimes. The laypersons view white-collar crimes vs street crimes, which include relative seriousness and grading white-collar crime data. Bribery is considered
Edwin H. Sutherland is given credit for introducing the term white collar crime during the late 1930’s. However, in today’s times there is still confusion on the specific definition of what qualifies as a white collar crime and how it should be defined. In addition, there are key differences between conventional crimes and white collar crime in age, race, class, and other various factors. The media has added to these differences by portraying these two crimes quite differently. In regards to Sutherland, I found his study on 70 of the largest U.S. manufacturing, mining, and mercantile corporations and their wrongdoings. Sutherlands study confirmed that 97 percent of these corporations were criminal recidivists. Yet, in these corporations view
Why discuss the development of the marketplace? Why is it central to the concept of white-collar crime?
In this chapters controversial issue, the author looks at if white-collar criminals are under prosecuted. Across the United States there a number of crimes that are committed which are considered white collar. One example is when Bernard Madoff defrauded investors of 50 billion dollars in the largest Ponzi Scheme that has ever happened in American History. Another example is the John Rigas and his son were convicted of fraud when they used millions of corporate dollars for personal use. The term white-collar is used when a person of higher economic status commits a crime. However, the public remains relatively indifferent to white-collar crimes. There are allegations that white-collar crimes are under prosecuted. At the local level, offices
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.
Corporations in the United States have been at the forefront of the discussion on the sanctions that should be assessed to them following criminal activity since the 2008 stock market crash. The question has become what would happen if white-collar crime goes unpunished. In a 2014 article in the Duke Law Journal Stephen Buell stated, “If law and legal institutions do not respond seriously to wrongdoing in business firms, they will fail to protect the public and may produce or harden inequities in the administration of justice” (p. 823). Failing to protect society from corporations committing crime not only impacts the present, but also the future.
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.
Most everyone goes home after a long day of work and watches the news. Think, what is usually reported? The weather, local activities, headline news, or daily criminal activity. Shootings, stabbings, homicides, etc. are all discussed by media anchors these days. This causes most everyone in our society to become familiar with crimes that are considered street crimes. What most people don’t hear about on the news is what is considered white-collar crime, sometimes known as corporate crime. White-collar crime not only is less reported in the media but also receives weaker punishments than street crime. This paper will first discuss the similarities between the two types of crime and then explain why their punishments are strongly
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.
White-collar crime has been defined and classified by legal scholars and criminologists in various ways. This type of crime has no clear-cut definition and means different things to different disciplines. There was a number of attempts to give an explanation to this kind of illegal activities. However, it remains quite challenging even for scholars to determine this issue in a pithy manner.
In this paper the exciting criminal phenomenon known as white-collar crime will be discussed. Corporate Crime and Computer Crime will be discussed in detail. Crime preventative agencies such as the NCPC (National Crime Prevention Council) will also be researched. White Collar Crime The late Professor Edwin Sutherland coined the term white-collar crime about 1941. Sutherland defined white-collar crime as "a crime committed by a person of respectability and high social status in the course of his occupation" (Siegel 337) White-collar crime includes, by way of example, such acts as promulgating false or misleading advertising, illegal exploitation of employees, mislabeling of goods, violation of weights and measures statutes, conspiring to
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.
Quinney (1964), “Because the validity of white collar crime as a form of crime has been a subject of severe controversy, the question of conceptual clarity has largely been ignored. Today, as a result, the meaning of the concept is not always clear” (p208).
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
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.
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