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The theory of white collar crime
The theory of white collar crime
The theory of white collar crime
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White Collar And Organized Crime
In the twentieth century, White Collar and Organized Crimes have attracted the attention of the U.S. Criminal Justice System due to the greater cost to society than most normal street crime. Even with the new attention by the Criminal Justice System, both are still pretty unknown to the general public. Although we know it occurs, due to the lack of coverage and information, society does not realize the extent of these crimes or the impact. White Collar and Organized is generally crime committed by someone that is considered respectable and has a high social status. The crimes committed usually consist of fraud, insider trading, bribery, embezzlement, money laundering, identity theft or forgery. One person would not normally commit all of these but likely one or the other.
Most White Collar crimes are committed by organizations which could be corporations or small businesses. White Collar and Organized Crime can endanger the well-being of people across the country. It is one of the more costly crimes in society. White Collar criminals profit from businesses and Organized crime usually profits from illegal businesses and can use violent measures.
When I think of Organized Crime, I think of the mafia like you see on television. That’s probably what most people think of if you don’t know much about it. In the recent years, organized crime has changed, and the threat is more complex than it has been in the past.
According to the FBI, organized crime is consisting of Russian Mobs that fled to the U.S., groups that are engaging in drug trafficking and scams from African countries and Enterprises based in Eastern European nations like Romania. Many groups have started using the in...
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...crimes rather than on street crimes. Rarely will you hear of these crimes on the news until after sentencing has taken place. Unfortunately, corporations can easily afford to pay thousands or even millions of dollars in penalties and fines therefore penalties need to be increased greatly. Due to corporate power, white collar crime is hard to prove even once it is suspected. Determining who began the crime and trying to persuade a jury whom already has a hard time understanding the complexity of these types of crimes can be difficult.
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Works Cited
Barkan, Steven E. Criminology: A Sociological Understanding. Boston: Prentice Hall, 2012. 333-43. Print.
“Organized Crime.” FBI. FBI, 08 May 2013. Web. 10 Apr. 2014.
Schmalleger, Frank. Criminal Justice Today: An Introductory Text for the 21st Century. Upper Saddle River, NJ: Pearson Education, 2013. Print.
1. Reiman explains that the idea that white collar crime is taken less seriously is because it protects the elite classes. For example, if the public believes they should fear the poor more than the rich, the rich can commit more crimes and go unnoticed because the population is focused on the poor Reiman explains that that the way crime is explained does not exactly fit what we think crime is. He explains that the notion that white-collar crime being harmless is based on the idea that white collar crimes do not end in injury or death is false because more people’s lives are put at risk than “lower class” crimes. Reinman thinks it is necessary to re- educate the public on white-collar crimes for economic
This “business” aspect of organized crime is what the movie industry has latched on to in the Gangster genre. In Scarface, Tony Camonte is in the business of selling beer to the town watering holes. Of course, he doesn’t so much sell the beer as force it on the bar owners at jacked up prices. And just like any other business, there is competition for dominance in the market. And for this dominance, or rather monopoly, ringleaders do not think twice about taking their competition out – not by buying them out or forcing them into bankruptcy, but by sending a squad out to murder them.
White collar crime is a term created by Edwin Sutherland in 1939 that refers to crimes committed by people of higher social status, companies, and the government according to the book “White-Collar Crime in a Nutshell” by Ellen Podgor and Jerold Israel. White collar crimes are usually non-violent crimes committed in order to have a financial-gain (Podgor and Israel 3). A very well known white collar crime that has even been taught in many history classes is the Watergate scandal. This is a white collar crime that was committed by government authorities. Watergate was a crime that shocked the nation.
White-collar crime is the financially motivated illegal acts that are committed by the middle and upper class through their legitimate business or government activities. This form of crime was first coined by Edwin Sutherland in 1939 as “a crime committed by a person of respectability and high social status in the course of his occupation.” (Linden, 2016). Crime has often been associated with the lower class due to economic reasons. However, Sutherland stressed that the Criminal Justice System needed to acknowledge illegal business activity as crime due to the repercussions they caused and the damage they can cause to society (Linden, 2016). Crime was prevalently thought to only be
E.). There are various costs of white-collar crime, although an accurate measurement is not easy, they are hard to asses as well as very complex. There are enormous financial losses, sometimes physical damage as a result of negligence, as well as social costs: weakened trust in a free economy, confidence loss in political organizations, and destruction of public morality. “White collar crime could also set an example of disobedience for the general public, with citizens who rarely see white-collar offenders prosecuted and sent to prison becoming cynical about the criminal justice system” (Conklin, J. E.). White-collar crime is undeniably a crime and often encompasses elaborate
Today, worldwide, there are several thousands of crimes being committed. Some don’t necessarily require a lethal weapon but are associated with various types of sophisticated fraud, this also known as a white-collar crime. These crimes involve a few different methods that take place within a business setting. While ethical business practices add money to the bottom line, unethical practices are ultimately leading to business failure and impacting the U.S. financially.
White collar and corporate crimes are crimes that many people do not associate with criminal activity. Yet the cost to the country due to corporate and white collar crime far exceeds that of “street” crime and benefit fraud. White collar and corporate crimes refer to crimes that take place within a business or institution and include everything from Tax fraud to health and safety breaches.
White collar crimes do not garner as much media attention as that of violent crimes (Trahan, Marquart, & Mullings 2005). This is an odd fact because white collar crimes cost society much more than violent crimes do (Messner & Rosenfeld 2007). While there are many different definitions for white collar crime, Schoepfer and Piquero describe it as a nonphysical crime that is used to either obtain goods or to prevent goods from being taken (2006). People who commit these crimes are looking for personal or some sort of organizational gain and are being pressured to be economically successful from the idea of the American dream. The authors suggest that there are two types of people who commit crimes, those who have an immense desire for control and those who fear losing all they have worked hard for (Schopfer & Piquero 2006). Both groups have different reasons for turning to crime, but both groups commit the crime to benefit themselves. It was found that higher levels of high school drop outs were directly correlated to levels of embezzlement in white collar crime (2006). Because they are drop outs, they are less likely to be successful legitimately and turn to crime more often than their graduate
White collar crime is viewed as non-violent and treated differently than other types of crimes; some that are even violent in nature. In general, personal and public perception can vary from one individual to another. “A recent survey conducted by the National White Collar Crime Center (NWCCC) confirm that the public considers certain white collar crimes as more serious than some street crimes, according to Drs. Marilyn Price and Donna Norris” (Perri, J.D., CFE, CPA, 2011, p. 23). Even though white collar crimes do not seem a violent as someone that commits murder; there is still major damage done. For example, a fraud victim goes through a lot of hardship. They can be harassed, have their identity stolen and lose everything. This in many cases can be looked at as a severe crime. Valuables taken during a burglary can be replaced easily, but someone’s identity and livelihood cannot be given back. Most white...
Unfortunately, these criminals are not just fictional characters. Organized crime is a major issue not only in the United States, but around the globe. In recent times, criminal organizations have become increasingly transnational, meaning they are not limited within the borders that they originate in, as a result of the Internet and advances in communication technologies. Crime syndicates like the Yamaguchi-gumi, the Russian mafia, and the Sinaloa Cartel pose immense threats to many nations outside of their own. Evidently, it is important to understand what exactly these criminal organizations are. This paper will attempt to define organized crime, describe the common structures of criminal organizations, and detail efforts made by the federal government to control organized
Peter Maas declares organized crime the “biggest business in the country” (Maas). “The largest and best known organized crime group is the nationwide organization variously known as the ‘syndicate’, the ‘mob’, the ‘Mafia’, and the ‘Cosa Nostra’” (Nash, Jason O-155). Some activities of the Mafia include gambling, loan sharking, pornography, illicit drugs, and racketeering. The Mafia began in Sicily, but did not retain to just that one location. In fact, in the late nineteenth century many of the Sicilian members immigrated to the United States (Nash O-155). The Mafia in the United States contains members that are Americans with Sicilian ancestry (“Mafia” M-48). There are several Mafia groups in the United States. Law enforcement authorities agree that there are around twenty-five groups that operate in large cities across the nation (Nash O-155).
Organized crime is a collective result of the commitment, knowledge, and actions of three components: (1) Criminal groups, who are core persons tied by racial, linguistic, ethnic or other bonds; (2) Protectors, who are persons who protect the group’s interests; and (3) Specialist support, which are persons who knowingly render services on an side-job basis to enhance the group’s interests. In order to thrive, an organized crime group needs many different elements. First, it needs an ensured continuity of members, clients, supporters, funds, etc. Additionally, it needs structure, criminality, violence, memberships based on common grounds, and a willingness to corrupt a power and profit goal. Generally, mafia organized crime groups disguise themselves behind the ownership of a legitimate business to avoid questioning from the Internal Revenue Service (I.R.S.) regarding any financial sources. The ille...
...o be intense for arrests for white collar crime than for predatory violence or drug dealing. Indeed, political pressure is more likely to be exerted in blocking or derailing white collar crime investigations than in conventional crime cases, and the police can operate effectively against white collar crime only to the extent that they are relatively free of political influence” (2010:278). Until political influence and the powers of corporations are subdued little can be done to battle this type of crime. People who commit this type of crime have the power to avoid prosecution primarily due the powerful corporations they work for or the institution they are a part of.
The modern underworld crime of today consists of business men and women with a strong knowledge of computers. Old world ways such as killing, riots, and vendetta have been done away with. Today's "mobsters" are highly educated extortionists dressed in suites.
Fraud and white-collar crime are common forms of crimes that people commit in various aspects and positions in the corporate world. Fraud and white-collar crimes have similar meaning as they refer to the non-violent crimes that people commit with the basic objective of gaining money using illegal means. The cases of white-collar crimes have been increasing exponentially in the 21st century due to the advent of technology because fraudsters apply technological tools in cheating, swindling, embezzling, and defrauding people or organizations. White-collar crime is a complex issue in society because its occurrence is dependent on many factors such as organizational structure, organization culture, and personality traits. Thus, the literature review examines how organizational structure, organizational culture, and personality traits contribute to the occurrence of white-collar crimes.