Different Types Of White Collar Crime

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How many ways different ways can you classify crime. There are many types of crimes that currently exist right now and even though the crimes committed are different, they can either relate to white collar crimes or organized crimes. White collar crimes incudes various forms of frauds, but it has been invisible to the public because only when the government makes a case against corporate entity, it is then when other people are informed. White collar crimes are identified as a type of nonviolent crime that is financially motivated and it is committed by business and government professionals (Beittel, 2015). Also, according to Assessing the Perceived Seriousness of White-Collar and Street Crimes, “The analyses indicated that certain types of …show more content…
The frauds that were committed by businesses and government professionals are what created this type of crime now known as white collar crime. The white collar crime does not cause any physical damage to human beings, but it does destroy the economic stability of organizations. Big companies that suffer from theft of the white collar crime can end up closing their business, because a company is destroyed. The results of these types of scams can damage a family’s life savings and investors can also be damaged by these type of crimes. Even though the victims of white collar crime are not nonviolently treated, these types of crimes cause more damages to people (Beittel, 2015). The reason white collar crime is more serious is because people suffer economic loss making people lose their employment and sometimes also their home. Even though white collar crimes do exist often in corporations, it is very rare to see those corporations actually go to trial. Usually the reason many corporations do not decide to trial is because they prefer a quick settlement. There are many methods that criminals use to commit white collar crime and it is even surprising that mail fraud also exist which led to a recodification of the Postal Act in order to diminish mail …show more content…
We as a community need to step up and do something to help the government reduce the crime that currently exists because in order to prevent more crimes, we all need to cooperate. Organized crime seems to keep getting stronger day by day and nowadays criminals are finding ways to get teenagers involved in crimes and something needs to be done about it. I think that it is important to inform our community of the threats that teenagers face, so that they can be prepared. Informing others can definitely help our community because if people know how criminals work, then people can identify criminals and stop their children from hanging out with bad companies that might get them involved in criminal activities (Homeland Security,

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