Martha Stewart Case: White Collar Crime

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Martha Stewart was charged with securities fraud, obstruction of justice, conspiracy, and civil charges. She had made false statements to F.B.I., SEC, and investors. She withhold information from these organizations about the selling of her stocks with in the company of ImClone. She was convicted and sentence to five months in prison, five months of house arrest, and a full two years of probation.

White Collar Crime
The Martha Stewart case is consider a white collar crime. Due to the fact, Ms. Stewart is the CEO and face of the company makes this a white collar crime. According to the text book, a white collar crime is define as illegal action that is committed by someone who has a high status attach to their name (Goode, 2015, pg.138). White collar criminals are usually people who have a wealthy amount of money and have abundant amount of authority. For example, in the recent news and reality television show Dance Moms (lifetime) Abby Lee Miller is charged of fraud and violating currency reporting laws for her dance studio company. There are other case that have made the headlines through the years, but white collar crime does not have to be affiliate with a celebrity.

Stigmatized for her Crime
Martha Stewart did not get stigmatized for her crime. Usually high profile people who commit a …show more content…

She has accomplish many projects such as adding products, books, televisions shows, and other things to her name. One could say that prison help her company with media and the right mind set to help get her company back on top after the scrutiny she went through during this case. The time in prison had was a huge impact on her company because it allow her to think about the different perspectives she wanted for her company in the future. This made the transition from prison to her business easy because she already had a plan ahead of her. Today she is worth more than nine hundred million

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