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White collar crime vs traditional crime
White collar crime vs traditional crime
White collar crime vs traditional crime
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Although our justice system tends to focus on Street crime rather than focus on other criminal activity such as white collar corporate and state crimes because Street crime is easier to put people into jail versus the ones listed above. When people think of criminal activity they immediately jump to the thought of Street crime but there is just as much of White Collar corporate and State Crime being committed on a daily basis. In today 's society if you were to ask a person on the street what is a criminal the answer that they would give is someone that appears to look like a thug, wear their pants sagging, wear hoodies on their head, or someone without a job. This will probably be the most common answer if 100 strangers to describe a criminal. …show more content…
Which means killing stealing, or causing physical harm to a person is unacceptable and must be punished . This is how we view crime in America. "... public opinion showed offenses that resulted in Direct bodily harm were viewed as the most serious (Dodge, 2013)." there to control the society from hurting or taking away from each other as well as to make sure we do not get out of hand. This is why there are consequences for breaking the law to instill the fear of taking someone 's freedom away or to be brand for life with having a criminal history. All crime tends to have an effect on someone no matter if it is physically or financially. White collar and corporate crimes affects someone else 's finances rather be in the corporate office all the way down to the gas station. This type of crime should have a high punishment because the person is stealing from innocent people who do not even know they are being taken advantage of. These people put all their money back into their companies to ensure nice pensions or retirement plans to support them for the rest of their lives after …show more content…
All Enron 's shareholders and employees, young and old, had to over from the bottom to regain what Enron had taking from them. Yes, the top key players deserve to be punished but everyone in that building did not know what was going on behind those closed doors. However, Society doesn 't think that white collar /corporate crimes are not as serious as Street crime. "Victims who fall prey to a financial scheme appear less deserving of sympathy compared to those injured during a violent criminal event; indeed, the physical harm is usually much greater in the latter (Dodge, 2013)." One misconception about crimes in today 's society will be that people don 't commit crimes always for food, drugs, and money. Some of these crimes are committed because people are trying to prove themselves and loyalty to a gang or they get a rush from doing something. "... but in terms of the buzz or excitement that it generated...One offender said that he was addicted to the excitement of robbery (Bennett & Brookman,
Both street and white collar crime have severe consequences. In most instances, white collar crime is, financially, more costly. This does not mean that white-collar crime does not inflict bodily harm upon people. Multi- million dollar corporations can be twice as deadly as a gang member.
The nature and damage of white-collar crime can result in a variety of punishments for the offender. Some sanctions being time in prison, some being fines, and others being a combination of both. For example, Chalana McFarland who was a real estate attorney and was accused of fraud, money laundering and other crimes costing investors $20 million. She was charged with $12 million in restitution and thirty years in prison (Haury, 2012). Another example would be Bernie Madoff, who owned Madoff Securities, was involved in a Ponzi scheme. It is believed that investors lost $50 billion dollars. Curently Madoff is serving a 150-year sentence in a prison in Butner, N.C (Haury, 2012). As these white-collar crime cases show, the costs of these crimes can be quite serve and earn life sentences as well as very hefty fines. Moreover, white-collar crimes have huge economic effects on victims, often causing life altering losses. Under consideration white-collar crimes are quite high-cost actions that hold large possible punishments and large ethical issues. In a research experiment done by Christian Seipel and Stefanie Eifler, a theory branching from rational choice theory was tested in relation to crime. The theory they explored was referred to as high- and low- cost theory. This theory discusses the factors that influence low cost crime and high cost crime. Low cost being defined as crimes that have low
What most people don’t hear about on the news is what is considered white-collar crime, sometimes known as corporate crime. White-collar crime not only is less reported in the media but also receives weaker punishments than street crime. This paper will first discuss the similarities between the two types of crime and then explain why their punishments are strongly different. Lets first start off by defining each one of these types of crime. Street crime is a loosely defined term that usually refers to criminal acts that are done in public.
In 1939 Criminologist Edwin H. Sutherland proposed his theory of Differential Association in his Principles of Criminology textbook. Differential Association theory states that criminal behavior is learned behavior. Sutherland along with Richard Cloward, and Lloyd Ohlin attempted to explain this phenomenon by emphasizing the role of learning. To become a criminal, a person must not only be inclined toward illegal activity, he or she must also learn how to commit criminal acts. Sutherland’s differential association theory contends that people whose environment provides the opportunity to associate with criminals will learn these skills and will become criminals in response to strain. If the necessary learning structures are absent, they will not. Sutherland relied heavily upon the work of Shaw and McKay, Chicago school theorists, in high rates of juvenile delinquency. Sutherland's theory of differential association still remains very popular among criminologists due to its less complex and more coherent approach to crime causation. It is also supported by much evidence.
It is customary to divide the categories of crimes, according to their violence ratio. For example, there are violent crimes, typically thought of as street crime, such as first degree, second degree, manslaughter and non-violent crimes such as blackmail, bribery, embezzlement, and forgery. However, the term “violent” can be applied to both street crimes and white collar crimes. Although street crimes are usually thought of as taking something by force, white collar crimes are typically perpetrated by a “respectable person”. The Department of Justice defines white collar crimes as “those classes of non-violent illegal activities which principally involve traditional ideas of deceit, deception, concealment, manipulation, breach of trust,
The three main crooks Chairman Ken Lay, CEO Jeff Skilling, and CFO Andrew Fastow, are as off the rack as they come. Fastow was skimming from Enron by ripping off the con artists who showed him how to steal, by hiding Enron debt in dummy corporations, and getting rich off of it. Opportunity theory is ever present because since this scam was done once without penalty, it was done plenty of more times with ease. Skilling however, was the typical amoral nerd, with delusions of grandeur, who wanted to mess around with others because he was ridiculed as a kid, implementing an absurd rank and yank policy that led to employees grading each other, with the lowest graded people being fired. Structural humiliation played a direct role in shaping Skilling's thoughts and future actions. This did not mean the worst employees were fired, only the least popular, or those who were not afraid to tell the truth. Thus, the corrupt culture of Enron was born. At one point, in an inter...
Crime in this country is an everyday thing. Some people believe that crime is unnecessary. That people do it out of ignorance and that it really can be prevented. Honestly, since we live in a country where there is poverty, people living in the streets, or with people barely getting by, there will always be crime. Whether the crime is robbing food, money, or even hurting the people you love, your family. You will soon read about how being a criminal starts or even stops, where it begins, with whom it begins with and why crime seems to be the only way out sometimes for the poor.
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
When the City of Atlanta is mentioned, individuals automatically associate the city with its positive attributes, such as, the beautiful lights, family activities and tourist attractions. The crime that occurs often goes unmentioned; however it is increasingly becoming an issue. Forbes ranked Atlanta as the sixth dangerous city in the US with a violent crime rate of 1,433 per 100,000 residents. The city’s crime rate correlates with its poverty levels and low education rates along with Beccaria’s ideas of punishment being swift, severe and certain.
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...
Crime and criminalization can be ambiguous; crime is only crime until certain authorities deem the actions illegal. However, social inequalities can lead to increased crime rates, notions such as gender, age, race, and class influence crime and provide criminologist with the date to determine who is most likely to commit a crime and where.
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.
What is street crime? According to McDonald and Balkin (1983) define street crime as “personal contact criminal victimization (p.419)”. As we read this article it argues from different viewpoint that street justice can be explained from different theoretical perspectives. There are three theoretical perspectives that examines the role of justice as a means of informal social control and as a reactionary process to dynamics of social strain and subcultural demands. This theoretical analysis is then applied to concepts of justice, including retributive, distributive, restorative, and procedural. The derived street justice paradigm incorporates these various forms of justice as they are linked with cultural imperatives associated with street culture and
The Enron Corporation was an American energy company that provided natural gas, electricity, and communications to its customers both wholesale and retail globally and in the northwestern United States (Ferrell, et al, 2013). Top executives, prestigious law firms, trusted accounting firms, the largest banks in the finance industry, the board of directors, and other high powered people, all played a part in the biggest most popular scandal that shook the faith of the American people in big business and the stock market with the demise of one of the top Fortune 500 companies that made billions of dollars through illegal and unethical gains (Ferrell, et al, 2013). Many shareholders, employees, and investors lost their entire life savings, investments,
What types of crime are considered to be the most costly to a country? Could it be street crime? Vandalism, breaking and entering, carjacking and pick pocketing are all examples of street crime, “a crime committed by average people against other people or organizations, usually in public spaces” (Open Education Sociology Dictionary). Street crime usually involves material possessions of large monetary amounts, costing the global economy an estimated $16.6 billion (Simon) so perhaps this could this be the most expensive type of crime. However, according to the 2014 Report to the Nations on Occupational Fraud and Abuse, corporate crime and fraud costs the global economy more than $3.7 trillion (ACFE). Investopedia defines corporate fraud, or