White collar crimes are possibly the most serious crimes in the world. In America white collar crime is responsible for an estimated $250 billion to $1 trillion in economic damages each year White collar crimes consist of bank fraud, blackmail, bribery, counterfeiting, credit card fraud, embezzlement, extortion, forgery, insider trading, insurance fraud, investment schemes, securities fraud, tax evasion, advanced fee scams, service and repair scams (Martinez, 2014). When people hear about white collar crimes they think of people like Bernie Madoff but white collar crimes happens every day in some form or another. Business executives generally wear white shirts with ties commit types of crimes are more available to them such as embezzlement …show more content…
Edwin Sutherland’s work was given high praise and many researchers over the years have used his work to bolster their own research (Bernard, 2008). Mairi Macpherson has conducted research on white collar crime. In her research her topic is white collar crime and the effect on society. In her presentation she started with “what is white collar crime?” this question is answered by a quote from Edwin Sutherland “a crime committed by a person of respectability and high social status in the course of his occupation.” (Sutherland, 1939) In her research she briefly states the difference blue collar crimes and white collar crimes (Macpherson, 2012). A Louisiana State University Law Professor John S. Baker conducted research paper on the sociological origins of white collar crimes. In John S. Baker research, he has incorporated Edwin Sutherlands work into his own “Sociologist Edwin Sutherland, who coined the phrase white-collar crime attempted to redefine crime according to the alleged perpetrator’s class rather than what that person did” (Baker, 2004). Donald J. Newman has research paper on white collar crime. His research paper focuses on how a white collar crime is defined. Donald’s research states “Conversely however,
The news article that I decided to do my assignment on is about a bank manager, Debra Anne Chapin, that embezzled 2 million dollars from a bank. The news article’s title is, “Former manager jailed for cheating bank out of $2M; Woman used cash to pay bills, gamble and feed her cocaine habit.” The crime took place in Calgary between June 1, 2006 and June, 30 2008. This embezzlement is a classic case of white collar crime and demonstrates numerous criminological theories.
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
2 Companies are exposed to crimes either from the inside, or the outside. White-collar crime is a complication; harming companies in our society, which costs millions. An example of a white-collar crime would be the Ford Pinto case. When gas prices were rising in the United States, people started to search for economical cars.
white-collar crime” (Shapiro, S. P.). It is no surprise to anyone that positions of trust regularly decentralize to corporations, occupations, and “white-collar” individuals. Nevertheless, the concept of “white-collar crime” involves a false relationship between role-specific norms and the characteristics of those who typically occupy these roles. Most of the time, it is the offender that is looked at more than the crime itself and assumptions about the individuals automatically come into play. It has be to acknowledged that “ class or organizational position are consequential and play a more complex role in creating opportunities for wrongdoing and in shaping and frustrating the social control process than traditional stereotypes have allowed” (Shapiro, S. P.). The opportunities to partake in white-collar crime and violate the trust in which ones position carries are more dependent upon the individuals place in society, not just the work place. The ways in which white-collar criminals establish and exploit trust are an important factor in truly exploring and defining the concept of white-collar crime.
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.
For instance, any financial crime can leave individuals without shelter, money, or any reasonable quality of life due to the white collar offense. Therefore, white collar crime may not involve force, they still may affect people physically. As a matter of fact, white collar crime may result in a greater impact than street crimes. Nevertheless, we continue to operate on a dichotomy of beliefs regarding violent and non-violent crimes. In this paper, we will explore white collar crime as a non-violent crime. Those crimes under discussion are blackmail, bribery, embezzlement, and forgery. In addition, we will discuss violent crimes such as first degree, second degree, and manslaughter (Verstein,
White collar crime can be a very complicated topic because of how fairly new it is. Edwin H. Sutherland helped coin the term white collar crime in December 1939, during his presidential address “The White Collar Criminal” (Friedrichs, 2010). Although white collar crimes had been happening throughout most of history, they didn’t get as much attention until more recently. Since white collar crime is still so new, all definitions have been under a lot of scrutiny. The definition that is currently most acknowledged comes from a group of criminologists that got together in a group, to come up with a definition for white collar crime and that would be accepted by the majority. This group defines white collar crimes as:
Shover, N, & Hochstetler, A. (2006). Choosing white-collar crime. New York, NY: Cambridge University Press.
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
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
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...
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.
Champion, D 2011, ‘White-collar crimes and organizational offending: An integral approach’, International Journal of Business, Humanities, and Technology, vol. 1 no. 3, pp. 34-35.