Friday, December 20, 2019

White Collar Crimes And Criminal Offences - 1238 Words

â€Å"Bank robbery is down by half over the last decade, check fraud has declined in recent years, and cyber crime is surging† (Scanio and Ludwig). Fraudulent activity is everywhere. It is a crime even though there are no victims. Scams, price fixing, wiring accounts, fraud of all sorts, etc are all types of white-collar crimes. Not all crimes that are committed are even performed by the Chief Financial Officer. It has become more accessible, to commit these crimes, with the mass amounts of internet and cellular towers available. While the amount of electronic devices have increased so has the amount of cybercrimes. White collar crimes are criminal offences, formed from plans to rob from companies. There have been many in the past with substantial restitution rates, but the controversy is how they rate the crime and the consequences that a specific crime comes with it. History has changed the way bank accounts secure their information and how they allow finances to settle. Ac cording to Mark Sherman, the term white-collar crime was coined in 1939 by criminologist Edwin Sutherland, who defined it as â€Å"crime in upper class which is composed of respectable, or at least respected, business, and professional men.† They categorize crimes based on patterns, how they use resources, others involved and the length of time. The criminals use other accounts to avoid loss with their own money. Most crimes are not physical, but some may become physical if they supply to the wrong source.Show MoreRelatedEssay on White Collar Crime and Corporate Crime1509 Words   |  7 PagesWhite Collar crime is not a crime unto it self, but instead a criteria that has to be met in order for a crime to be considered as White- Collar Crime; (Blount, 2002) hence the reason why Corporate Crime is also considered as White- Collar Crime. At the same time, White Collar Crime and Corporate Crime can be seen as distinct criminological categories, however, in order to reveal this, this essay will firstly be exploring Sutherlands definition of white collar crime and the perplexity with thisRead MoreThe City Of Wortropolis Faced An Economic Recession996 Words   |  4 Pagesinequality, and crime. Between 1980-2000 the crime rates significantly rose. The violent crime rate went from 5 per 100,000 to 50 per 100,000. The property crime rate went from 100 per 100,000 to 400 per 100,000. Despite the large increase in crime during the recession many of the white-collar offenders were never apprehended. The recession initially occurred due to the corporate fraud and illegal investment practices but they were not apprehended like the people who committed blue-collar crimes. This failureRead MoreThe Concept of White Collar Crime928 Words   |  4 PagesCan white collar crime be explained by the same theories that address crimes such a domestic theft and burglary? The concept of white-collar crime was certainly not invented in order to provide comfort for standard approaches to causation in criminology, (Nelken, 2007, p. 744). White-collar crime is certainly a complex issue to study from a theoretical perspective, not least because of the inherent diversity among the types of white collar crimes, among the types of white collar criminals, andRead MoreFour Different Types of Crime1515 Words   |  7 PagesCourse Conover: Dr Hennessey Hayes Tutor: Dr Jacqueline Homel Course Code: CCJ15 Course name: Introduction to Crime and Criminology Assessment number: 1 Due Date: 23.04.10 Extension confirmation number: 14177 Student name: Tamara Chatterton Student number: S2736240 This essay will examine four different types of crime. 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