As we have learned, white collar crime can be difficult to precisely define and a wide variety of definitions have been looked at in the process. While there is no consensus on one definition, there is agreement among criminologists on the following being indicative of white collar crime including the occurrence of which is in a legitimate context, motivation that is derived from economic gain or occupational success, and a lack of direct, intentional violence (Friedrichs, pg 5). Trust and respectability are also very important terms in relation to white collar crimes that we do not see with conventional crime. An important sociologist, Edwin Sutherland pointed to the violation of trust as an important element of white collar crime and characterized
…show more content…
The company initially started by leasing vehicles and eventually became involved in selling vehicles, as well as leasing and financing equipment (R v Fast page 5). Marathon leasing would help people who had credit problems by leasing them vehicles (when presumably others would not) at very high interest rates. Ronald Fast had multiple other companies under his name that were linked to Marathon and the fraud including R.J. Fast Management Consultants Inc., Carlton Motors ltd./Fleetmaster, and NuDawn Enterprises Ltd. Ron Fast’s brother, Eldred Fast, also owned a company, H.H. investments Ltd. that was connected as well. Operations of two of these companies, Nudawn and HH Investments appeared not to have any legitimate business operations, and were simply channels used to move investor money to Marathon and vice versa. Nudawn had actually been used to accept investor money, after Marathon had been instructed not to take any new money by the Saskatchewan Financial Securities Commission. It was also determined that loans had been made from Marathon to RJ Fast Management and personally to Ronald Fast, (that were never repaid) in excess of 1.5 million dollars (R v. Fast & Fast-Carlson, 2014 SKQB …show more content…
Mrs. Fast-Carlson also has a 3-year bachelor degree in psychology and obtained her certified general accounting designation in the fall of 2004. (R v Fast & Fast Carlson, 2015 SKQB 84). At the time the two accused were charged and taken to court, Ronald Fast was 71 yrs old, married to wife Diana Fast who was a bookkeeper, and Danielle Fast-Carlson was 38 and married with two children. These two do fit the typical image of a white-collar offender as opposed to the typical offender of conventional crimes. A conventional criminal is often depicted as a young member of the lower class, and normally a male minority. In contrast to this, the offenders in this case are older, with Fast-Carlson being middle age and Ronald Fast beyond that. They are both white and more well off than conventional criminals are often portrayed, as Sutherland has alluded to, white collar crime is more a crime of the upper or the better-off classes (Friedrichs, 2010). As a business owner and his daughter, Ronald and Danielle certainly fit into this
The company initially started by leasing vehicles and eventually became involved in selling vehicles, as well as leasing and financing equipment (R v Fast page 5). Marathon leasing would help people who had credit problems by leasing them vehicles (when presumably others would not) at very high interest rates. Ronald Fast had multiple other companies under his name that were linked to Marathon and the fraud including R.J. Fast Management Consultants Inc., Carlton Motors ltd./Fleetmaster, and NuDawn Enterprises Ltd. Ron Fast’s brother, Eldred Fast, also owned a company, H.H. investments Ltd. that was connected as well. Operations of two of these companies, Nudawn and HH Investments appeared not to have any legitimate business operations, and were simply channels used to move investor money to Marathon and vice versa. Nudawn had actually been used to accept investor money, after Marathon had been instructed not to take any new money by the Saskatchewan Financial Securities Commission. It was also determined that loans had been made from Marathon to RJ Fast Management and personally to Ronald Fast, (that were never repaid) in excess of 1.5 million dollars (R v. Fast & Fast-Carlson, 2014 SKQB …show more content…
Mrs. Fast-Carlson also has a 3-year bachelor degree in psychology and obtained her certified general accounting designation in the fall of 2004. (R v Fast & Fast Carlson, 2015 SKQB 84). At the time the two accused were charged and taken to court, Ronald Fast was 71 yrs old, married to wife Diana Fast who was a bookkeeper, and Danielle Fast-Carlson was 38 and married with two children. These two do fit the typical image of a white-collar offender as opposed to the typical offender of conventional crimes. A conventional criminal is often depicted as a young member of the lower class, and normally a male minority. In contrast to this, the offenders in this case are older, with Fast-Carlson being middle age and Ronald Fast beyond that. They are both white and more well off than conventional criminals are often portrayed, as Sutherland has alluded to, white collar crime is more a crime of the upper or the better-off classes (Friedrichs, 2010). As a business owner and his daughter, Ronald and Danielle certainly fit into this