Confidence trick

The term “ White -Collar Crime, “ carries many definitions that have changed throughout the decades in the United States. These definitions change with perception, participation, and the addition of actions to the term. White-collar crime carries a general perception of offenders, who are generally professional individuals since they have the knowledge required to execute these complex crimes. Examples of these crimes include fraud, price fixing, money laundering, and embezzlement . Although…

This is not the first time Madoff office has been raided by SEC investigators, the recent raid being on 20th April 2005. They wanted to know if Madoff had hedge trade funds or executing hedge trade funds for others as he always claimed. Their investigation was after SEC staffers had found an email that expressed why Renaissance Technologies stopped doing business with Madoff. Initially, examiners claimed they were just on a normal routine examination of the brokerage firm’s books and records. On…

To this day, one of the most well known American swindlers and criminals of the administrative field is Bernard Madoff. The opportunist made it seem as though he was a caring nice individual that could be trusted, but the real truth was that he was a crazed and greedy criminal. It came as a shock to most people when he confessed to the crimes he had committed because he was a master at hiding the person he truly was. The people he worked so closely with believed in him and trusted him whole…

Extent of white-collar crime in the United States One of the biggest problems in understanding the extent of white-collar crime is access to data. Gathering data can be very difficult to do, as there are so many different types of white-collar crimes. Estimates of the cost also vary greatly depending on which crimes are included in the list. These crimes are also increasing when compared to street crime. (Desilets, 2014) The skills required to commit these crimes are becoming more common.…

Summary In theory, the researchers main goal in this study was to establish if there was a correlation in the intonation of someone’s voice and the desire to influence another individual to buy a product or answer a set of questions. How willing are we to just listen to someone based on the pitch or tone of their voice? Our brains don’t have any visual cues to know if we can trust this person or not, so that’s why when companies are trying to sell you something, they should be very particular on…

Catch Me If You Can follows the young con artist called Frank William Abagnale Jr., as he escapes the misery of his parents’ divorce. From being a pilot to a lawyer to a doctor, Frank did this all before he was even 19, employing the tactics that he learned from his father. Frank is continually pursued by an FBI agent called Carl Handratty. Frank is also picked on at his new school for dressing up, which leads him to his first impersonation: a substitute teacher. When his parents are informed,…

White Collar Crime: Bernard Madoff’s Ponzi Scheme We have all heard of a Ponzi scheme and may know of someone who has fallen victim to this type of fraud but we may not all be familiar with the definition of a Ponzi scheme. A Ponzi scheme is an investment fraud in which funds from a new investor are taken to pay an existing investor an alleged return on their investments. New investors are recruited by being guaranteed high return rates with little to no risk for loss. The organizer of the…

Craig Newmark launched the website that bears his name in 1995. Since then, Craigslist has turned the classified ad market upside down, draining billions of dollars from newspaper coffers while saving consumers a mint. However, consumers have also lost plenty of money through Craigslist, typically falling for one scam or another that has extracted hundreds, sometimes thousands of dollars from them. Here’s a sample of the Craigslist car scams that have been perpetuated and how best to avoid each…

Love is an eternal fire it burns brighter than a thousand suns! It is quiet understanding, that two people share and once one is in love hiding that feeling is a battle in which you will fail miserably. We all want to love and be loved in return; however, to love someone has different meanings to all. Such as you can love your mother or teacher even to love a particular movie or book love can be used to describe the feelings you have for many things. That said the flaw is when love is…

This increase in confidence aims to improve the performance of female students. Values affirmation is an intervention in which female students “reflect on self-defining values, [which] can buffer people against such psychological threat” (Miyake, 1234). In the study explored…