or this essay, we will be attempting to discuss about the causes, explanations, and origins of white-collar crimes by using various sources and the scandal case of WorldCom. There are already studies done on the topic of white-collar crime in the criminology field, but not every theory and hypothesis has been done to try and explain the three problems concerning it. Theories such as the fear of falling and strain theory, and any other possible factors affecting people’s decisions, would be investigated
Eboni Purifoy Writing Assignment#2: White collar and Organized Crime Crime is all around us and comes in various forms. Crime is any activity that is defined, punished and punished under criminal law. Many people have conflicting views on what should be considered crime and what should be done to commit crime. Different types of crime include white, blue, organized and green collar crime. According to Siegel white collar, crime is defined as any business related act that uses deceit, deception or
our present society, media often examines and presents crime from an individual perspective. It tends to define crime as an independent crime which is isolated from different social structural contexts or circumstances (Surette, 2010). With the purpose of understanding the impact and occurrence of crime in greater depth, Jock Young suggested that “[t]here is a criminology which is informed by sociology” (Young, 2011, pp.222) in which crime is examined and studied through the sociological perspective
fascinated with crime and violence. Due to the media's focus on crime and its influence as the main source of information on local and national events, the public has a skewed version of crime. As part of the criminal justice system, criminalistics and criminologist work with law enforcement to reduce, solve, and prevent crime. Standardized reporting of crime that was developed in 1929 provides statistics on the fluctuation of crime and aids in creating strategic methods to fight and prevent crime also.
in which these crimes occur and majority, if not all, tend to be extremely intricate. Corruption is the leading cause of crimes such as embezzlement, it has been witnessed in major organizations, such as the government. The author goes into large detail about why the government is as corrupted as it is, and then explains why it contributes to organized crimes. Fantaye states that "organised crime could not flourish without bribery," in which he goes on to say that organized crimes exist because the
James Norton Jr. AC1503031 CJ440.4.1 White Collar Crime Assignment 8_08 The Cost of White Collar Crime December 9, 2016 White-collar crime is projected to cost the United States citizens and the government over $300 billion every year. The phrase "white-collar crime" came into existence in the early twentieth century. The crimes are typical of deception, malice, or breach of confidence do not rely on the application of threats or physical harassment. According to the federal bureau of investigation
the biggest contributor to the bad loans of many failed local banks in Kenya. Sadly most of the failed banks involved hugely in insider lending even to politicians. Ribadu (2004:..) explains that financial institutions can be involved in financial crime in three ways: as victims, as perpetrators, and as instruments. As victims, financial institutions can suffer different types of fraud including misrepresentation of financial information, embezzlement, cheque and credit card fraud, securities fraud
asbestosis due to dust exposure, and questioned why he did not come forth to his employees and explain the terribly conditions they were working in, nor did he offer any compensation for their deaths and health issues. Many times these white collar crimes lead into corporate crimes, which are defined as being “executives breaking the law in order to benefit their corporation”. None of the executives, as far as their prosecutors had known, made any attempt to inform their employees of the conditions they were
that working class youths commit crime as a resistance to capitalism. Capitalism causes crime because it promotes values such
Globalization is the process of interaction and integration of people, ideals and governments worldwide which is driven by trade, investment and the quest for market expansion and propelled by constant technological advancements particularly in telecommunications infrastructure and the growth of the internet. It is a contemporary phenomenon that is reflected in art, popular music, linguistic changes and migration; we’ve all become one big global economy. The world today experiences wide spread economic