White Collar Crime In America

White Collar Crime in America White-collar crime is typically a nonviolent crime committed by business and government professionals, it is a crime committed by a person of respectability and high social status during the course of his career. Most of these crimes for the most part include fraud, bribery, insider trading, embezzlement, copyright infringement, money laundering, and forgery, but can go to much bigger lengths. Many people consider white color crime as victimless, but it is all but that. By the touch of a high status business official, the lives of families could be destroyed, all their money could be gone, and companies can be put out of business. It is all so that a few Wall Street people could make a little bit more business and money to their name. The term “white-collar crime” was made by an American sociologist Edwin H. Sutherland, in the late 1930s. During this time, he was studying where the true crime was coming from, which where most people thought was coming from the urban communities but he was suspicious of the respectable high social status millionaires, who would not fit the society’s picture of a criminal. White Collar crime …show more content…
If for enough time, the stopping of white collar crime would be able to bring out country out of debt. These crimes do not only include financials, but also physical. The most common is when they skip out on a few safety regulations in order to save a little bit of money, and of course, someone gets hurt because of the regulations they decided to ignore. But since it would have costed them more to actually pay for the safely of the employees, they figured it would be cheaper if they could just pay them off, if and when the incident