Theories Of White Collar Crime

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White collar crime, for all practical purposes, is just high-end criminals getting away with fraud and other felonies by hiding behind corporate veils and political agendas with little regard for their victims. Whether considering the elite white collar criminals like Madoff or the middle class violators, this cross section of criminals is different. In attempt to put aside the obvious favoritism and lopsided application of the law, white collar crime has the tenets to more than adequately fill the shoes of a couple different crime theories so nicely occupied by blue collar or no collar criminals. However, first, a definition is in order. For the purposes of this paper, white collar crime is generally defined as a nonviolent crime committed during the course of doing business. Popular belief is that white collar criminals are generally wealthy and hold an elite status in the business world (Wright, 2012). Rather, white collar criminals are more representative of the middle class of society, with the next represented group being lower class, and more times than not white collar criminals have criminal records.
The perpetrators of white collar
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This theory contends that an individual’s failure to legally achieve goals perceived to be positively situated stresses an individual to attain those goals by whatever means available. Commensurate with the strain may be extenuating impactful circumstances such as an abusive father or termination of a relationship or death of a loved one. The white collar criminal may perceive an impactful strain as being work related or some incident occurring in his or her professional life. The final push in either a legal or illegal direction is basically peer pressure, positive or negative. White collar criminals fail to achieve enough of the financial or professional success to satisfy themselves while in the midst of their more successful

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