White Collar Crime Outline

The Growing Problem of White Collar Crimes in India “The practitioners of evil, the hoarders, the profiteers, the black marketers and speculators are the worst enemies of our society. They have to be dealt with sternly, however well placed important and influential they may be; if we acquiesce in wrongdoing, people will lose faith in us”- Dr Radhakrishnan Methodology The research methodology used for the present research article is traditional Doctrinal

Not a Crime? Some people may argue that the spill should not be treated as crime because it is just the risks associated with drilling and it was truly an accident. Reiman’s point provide a basis for being the devil’s advocate in terms of using his categories that he outlines as a basis for how it is not a crime. BP could have had no intent in committing such a heinous act. Recklessness, negligent, concealment, and knowledge were all absent from the spill and that this solely occurred as a freak

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

Introduction Insider trading is a very serious crime that occurs when information is shared about future decisions to get financial gain and then act upon it. Information of this caliber should be public knowledge so that everyone has an equal opportunity to make their investment decisions. An analogy would be if someone gained the answers to the final test and used them while everyone else has an unfair disadvantage. A rather large insider trading incident occurred with Raj Rajaratnam and Rajat

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

PURPOSE OF THE ARTICLE The authors wrote this article to study the relative effects of threats of incarceration, fines and professional censure on attitudes about committing financial statement fraud. It is important to consider that deterrence mechanisms are most effective in the context of financial statements fraud given that financial statement fraud is by far the most costly and difficult to detect. It causes a median loss of $4.1 million per incident and takes the longest to detect at an average

the nature and organisation of corporate environmental crime. Part II explores the offenders of corporate environmental crime. Part III determines the risk factors for corporate offending. Finally, Part IV analyses environmental regulations. I. NATURE AND ORGANISATION Corporate environmental crime constitutes an important part of white-collar crime. The notion ‘white collar crime’ was introduced by Edwin Sutherland and refers to a crime ‘committed by a person of respectability and high social

and reap financial benefits by filing insurance claims against the property (U.S. Fire Administration, 2009). Arson for profit is a serious crime, resulting in destroyed property, higher insurance premiums, wasted government resources, and even death (Goetz, 1997; U.S. Fire Administration, 2009). The following paper will explore this form of white collar crime by examining the motives and

Lying, Cheating and Stealing Lying, Cheating and Stealing White collar crime is not a victimless crime. People’s lives can be ruined through the loss of a job, loss of savings and loss of assets. It is hard to not hear about white collar crime when looking at news. While not a justification for illegal actions, pressure is very high for companies to perform well and show growth. This pressure can lead people to commit crimes to falsify results or to enrich themselves. Laws and regulation

White collar crimes have very distinguishing features that convey a different standard than any other set of crimes that are committed within the judicial system. Consequently, these features are what make white collar crimes not only hard to identify that a crime has occurred, but also the cost and extent of the crimes. First white-collar crimes are not oblivious to those around them, unlike street crimes where you realize that a crime has been committed. Unlike a murder or burglary, the signs

Criminal law and white-collar crime Last name/First name Institution Affiliation The concept of white-collar crime was first explained in the field of criminology by a professor known as Edwin Sutherland in the year 1941 (Sutherland, Geis & Goff, 1983). He defined this type of crime as a one which is committed by persons of respectability and high social class in the course of their occupation. Examples of such a crime include infringement of patents, false advertisements, publication of falsified

“White Collar Crime” was first defined by Edwin Sutherland in 1939, ‘as a crime committed by a person of respectability and of high social status in the course of his occupation.’ This definition has been further explored, refined and redefined by several successors in various fields. His definition was offender based (and crime based) and gave theorists a way to label offenses committed by the “wealthy” and “successful” who have high status and part of an elite collective group. However, this definition

White Collar Crime vs. Street Crime One problem that plagues our society is crime. Crime is all around us in our everyday lives. Daily we hear of murders, robberies, and rapes. These are categorized as "street crimes." For many people, such crimes are the only "tragic" crimes, the ones that are senseless and preventable. In Finsterbusch's book, Taking Sides, another variety of crime is exposed. This other form of crime is "white collar" crime. Both have victims, and the effects of both

Corporate crime is not taken seriously and the regulatory agencies appear powerless as the penalties available to them are ineffective in sufficiently punishing criminal acts and preventing future crimes. As investigations and methods of law enforcement are incredibly time consuming and costly, the current most effective punishments of committing a corporate crime are the use of; recalls, unilateral orders, consent agreements, decrees

there are criminal who has assessed too many people retirement and investment is a shocking and alarming to the non-professional investor. When someone is in a legitimate occupation and committing, an illegal act is a white-collar crime. “To be more concise white - collar crime is define as any illegal act, punishable