White Collar Crime Embezzlement Research Papers

at the judge's discretion, and it can range from a suspended sentence and a fine to up to a

Depending on the offender’s ability to pay they may be fined to a maximum of $1000

A more high class crime is known as the White collar crime. This crime includes embezzlement, bankruptcy fraud, swindles, tax evasion, and theft of property by computer, passing bad checks, copying movies or music, and fraudulent use of credit cards. White collar crimes are informed to be expensive and extensive. When these wrongdoers are caught it’s amazing to see how lenient the U.S. society is with them when they are captured.

A class C felony fine can be up to $5,000. Me. Rev. Stat. Ann. Tit. 17-A §§ 1252,

The punishments are anyone who is convicted of these crimes will have to spend at least two years in jail. At the same time, they must register

The statutes 1341, and 1343 of regarding respective mail and wire fraud provisions, state that any defendant that is convicted of mail and wire fraud, that is not specifically affecting any financial institution, shall subject to a fine, a prison term of up to twenty years, or both. Concurrently, any violations may also result in civil or criminal forfeiture.

The California state penal code defines embezzlement as fraudulently appropriating funds or property by those who have been entrusted with it. In basic terms, this is the theft of assets by someone who has been granted access or oversight over the said assets. The most common form of this charge is the misappropriation of funds, according to the Legal Information Institute.

Pay a Fine: On your first offense, you will face a fine of between $500 and $1,000. In subsequent offenses, you will be required to pay between $1,000 and $2,500.

Most people, when they hear the word “crime,” think about street crime or violent crime such as murder, rape, theft, or drugs. However, there is another type of crime that has cost people their life savings, investors’ billions of dollars, and has had significant impacts of multiple lives; it is called white collar crime. The Federal Bureau of Investigation defines white collar crime as

Any person that gains an advantage through false or fraudulent pretenses will face up to $1,000,000 in fines and up to 30 years imprisonment.

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

Embezzlement punishment usually results varies from fines, jail or prison time, or sometimes both Each state has its own penalty schemed pending on value or type of property you have embezzled. Many states require defendants to pay victim(s) in restitution. In the state of New York, the law

It carries a penalty of up to one year in jail. The fine can be as much as $1,000. You may be eligible to serve community service instead of jail time if you receive a conviction. You may have to serve your community service inside the same church that you

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.

White-collar crime is manifested in a variety of forms, including the agreement to lower prices, fraud, corruption, tax evasion, damage to the principle of trust, bribery in advertising and marketing fraud, manipulation of stock transactions and other crimes. Sax's white-collar crime is defined from the perspective of social criticism, used to distinguish the lower class society "blue-collar crime." Therefore, in his view, white-collar crime is not a sign of the type of crime but the behavior of the actors in the social class on the performance of the attribution.