White-collar crime

application towards crime and the understanding of it, social control theory concerns itself with examining why don’t the vast majority of the population (law-abiding citizens) engage in criminal and delinquent behaviour? Social control theories focus on critically examining and understanding conformity and an individual’s stake in it rather than one’s deviation (Linden, 2016). Furthermore, is the examination of social control theories and their relationship with white-collar crime and the…

punish the poor by arguing that fines are more beneficial to society than imprisonment. White-collar criminals can easily pay the fines and the fines are often minimal compared to caused damages. Under conflict theory, fines are preferred method of enforcement because they lack the crime aspect and the stigma that attends indictment and conviction (Sutherland, 1945). A clear example of the stigma associated with crime is illustrated through the reality of life after prison. Most states have…

commit crimes of this nature greed, fear, and/or misappropriation of funds just to name a few. When white-collar crimes are committed often times their victims are not aware themselves of being a victim of a crime. DISCUSSION: White-collar crimes can go undetected for long periods of time. These types of crimes are uncovered by happen-stance or by the investigation of another type of crime. Few if any white-collar crimes are caught in the initial stage of activation. White-collar crimes have…

White-collar crime, according to Merriam-Webster, refers to, “a crime that typically involves stealing money from a company and that is done by the people who have important positions in the company”. In modern society, white-collar crime may not be as obvious as violent crime, but its consequences leave major impacts on the world, particularly financially. Beginning in 2002, Wells Fargo began transforming into one of the largest criminal enterprises in history. Over the past 15 years, this…

researching is a way of living, and how they research why people commit a criminal crime. The white collar crime researcher was a bit short when to explain what they do; I wish I would have asked question. For example, The questions I would have ask is which race commit a white collar crime, do they see it more as CEO of the company that mostly commit the crime and whats the main reason they think people commit the white collar crime and what theory they would believe that it fall under. The…

3. Discuss the criminogenic institutional frameworks that facilitated the white-collar crimes at Enron including collusive networks, political influence and corruption, and the ideology of deregulation. Prior to its demise, Enron, an American energy, commodities, and services company, was one of Wall Street’s highest rated companies. Enron was regarded as one of the most powerful and successful corporations in the world. Unfortunately, as everyone would learn later rather than sooner, their…

society and has happened over the past year or so and how that has to played into this theory. The second is how Americans label people when yes, they have committed a crime, but even if it wasn’t a significant crime, they are still considered a “criminal” within our society. The first thing that comes to my mind are the shootings that white cops have done on African American men particularly as of late through media, Facebook, and just the news. I know that this is for their protection for the…

tremendously serious ways, they may lose the ability to access their financial identity, the ability to cask checks, obtain credit or buy a home, or they may even be arrested for a crime committed by identity thieves (Swecker2). In 2003 survey has shown that 4.6 percent of the United States population ages eighteen and older were victims of identity theft, 9.91 million of people lost over 52.6 billion dollar from only new account frauds (Swecker2). In another case “survey by the Bureau of…

White-Collar crimes can be defined and is refer to as the unethical business practices committed by people in the course of their work lives. In recent years, around a decade ago one of the biggest multinational companies, “Enron” served as a synonym to white-collar crime and a formal definition of deviant behavior. The companies executives practiced false accounting; falsifying profit while inflating the value of Enron, by 2001 the company filed bankruptcy. Enron found a loop hole in society…

are laws set in place, they are commonly broken. Laws that’s are broken are considered crimes. Some regulations are broken more than others and some can easily be detected in a matter of second or matter of years. Chapter 14 discusses specific crimes such as Larceny/Theft, Fraud and, White Collar Crime. Larceny/theft is one of the eight index crimes reported in the Federal Bureau of Investigation Uniform Crime Reports. According to Taylor (2015), theft occurs anytime an unauthorized taking of…