Research Paper On White Collar Crime

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White collar crime has become as interwoven in the criminal fabric as the murders perpetrated by mobsters of the 1950’s. According to our text, white collar crime has increased in cost and volume from 2006 to 2009. The cost of white collar crime in 2006 was estimated at just under $200 million and in 2009 it topped $559 million (p. 170). A so called ‘victimless’ crime represents the devastation left by a Madoff Ponzi scheme that bilks the final savings of trusting investors losing not only their nest eggs but the innocence of trusting someone you have had a relationship, in some cases from the early 90’s. What can be done to ensure a scheme like this doesn’t occur in the future is answered with the pie in the sky resolve that if every

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