Forensic Investigations: White Collar Crimes

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White collar crime describes the non-violent, self-interest crime committed by corporate and state officials/administrators. Sociologist Edwin Sutherland was the first to put out the term’s description in 1939, as “a crime committed by an elite person in the course of his/her occupation”. White collar crimes range from bribery, fraud, embezzlement to money laundering, cyber schemes, forgery and identity theft. They may fail to garner much public attention when compared to blue collar crimes such as raping, homicides, and urban scale robberies. Nonetheless, white collar crime appears to have the same dire impact on the society as blue collar crimes. Peterson (2012) suggests that crimes committed by a few corrupt businesspersons or state officials …show more content…

The installation of conventional integrated databases in governments and corporations can come in handy, with the assistance of forensic regulators. The approach will create a working environment where detailed information is captured and recorded at every management level. When regulators perceive any fraudulent act by an individual or corporation, it should be succeeded with investigation/inquiry by an assigned law enforcement authority. Regarding investigation and enforcement, requisite funds and resources should be provided to enable a law enforcement/regulatory framework that incorporates various units to deal with different specialties. For example, special task forces could deal with distinct domains such as pyramid schemes, bribery or forgery. Also, societies should employ crime prevention strategies such raising awareness via crime prevention campaigns together with the use of an efficient procedural design. The approach will oversee a business community characterized by well thought out procedures and proper awareness (Friedrichs, 2010). In conclusion, the inadequacies/difficulties in tracking and prosecuting white collar criminals have adversely affected the pursuit of white collar criminals. The dire impacts of white collar offenses to the economy, in turn, translate to societal challenges such as poverty. Therefore, government entities and businesses should provide more resources while they raise awareness of white collar crime in professional businesses/organizations and state agencies. Performing forensic accounting services in the above entities could come in

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