The Prosecution Of White Collar Crimes

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Recommended: Social economic status in relation to crime

White collar crime is distinctly different from traditional frauds committed by ordinary citizen, because it involves business and government professionals that have a high social status in the community, such as those on Wall Street, even though it is financially motivated in nature. White collar crime is one of those topics that is rarely broadcasted by the media, because it is often swept under the rug to keep the general public from knowing due to the crimes being under prosecuted. Unfortunately, for the last 20 years the prosecution of white collar crimes has been significantly decreasing. To put into to perspective, the prosecution of white collar crimes has decreased by 36 percent; however, President Obama emphasized that he will hold

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