White-collar crime

theories on white collar crimes. White Collar Criminals do not use physical force to commit a crime but they use illegal channels to gain some type of monetary gain. Agnew et al discuss that General Strain Theory can be used to describe white collar crime. They say there are specific times when a high-class individual is strained to commit this type of crime. Lynn Langton also uses the General Strain Theory to describe White Collar Crime. She uses data to predict what type of White Collar…

Many people believe that they will never be a victim of identity fraud but everyone is vulnerable to it. Identity fraud is America’s fastest growing white collar crime. Identity fraud is a term used to refer to all types of crime in which someone wrongfully obtains and uses another person's personal data in some way that involves fraud or deception, typically for economic gain. The most common forms of identity theft occur when someone obtains another person's social security number, driver's…

Introduction / Peter The Company Man: A Case of a White-Collar Crime is primarily about a man named Peter and a company named GPC. The purpose of this paper is to read, analyze, and critique the case study from an organizational behavior, and leadership, lens, focusing on organizational culture and its influence on ethical behavior in organizations. Peter was born and raised in the South, had two younger brothers and grew up in a middle-class household with both parents. Peter's mother…

Political white collar crime is defined as an offence involving government or a political party, engages in acts deemed illegal and improper for the purpose of their own personal gain. It can also be in a more wide aspect of an entire political party and improper or illegal act meant has a way to gain for their particular party. It is to be distinguished from state crime, in which it is the states that break both their own criminal laws or public international law (Friedrichs, 2010).…

Identity Fraud The purpose of this paper is to demonstrate and explain one of the various White-Collar crimes known as identity fraud. Another purpose of this paper is to inform about identity fraud and how many people are affected by it and also to notify the reader on how to prevent identity fraud. Identity fraud can be defined as a crime where an individual stole someone else’s personal information like a credit card and also use it to buy merchandises charging that specific credit card.…

There are three main elements of white-collar crucial for analyzing whether the defendant Julian Assange has committed a white-collar crime. The first element worth analyzing is the security fraud. Security fraud is an element which is associated with one committing crime aimed at infiltrating security issues and jeopardizing the efforts of security agencies of a state. As the main defendant in this case, Julian Assange has committed a white collar crime because of the fact that he leaked more…

individuals have three aspects in common: the opportunity to commit a crime, the financial pressure to ignite thoughts to commit a crime, and the rationalization to make a crime seem less ethically incorrect than it really is to commit (Will et al). Barry Minkow, after gaining high power and praise in the market by reporters and Oprah Winfrey herself, had all three of these aspects allowing him to commit his fraudulent white collar crime worth more than $200 million on paper (Ciulla). When…

complete lie and one of the largest examples of a white-collar crime in the history of business. Kenneth Lay, CEO worked to engineer the merge of Natural Gas Company. As CEO at the time Kenneth Lay merged with Internorth Incorporated. At the time, Samuel…

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…

Introduction: One of the most common crimes that are committed in business and corporate settings is referred to as white collar crimes. White-collar crimes are crimes that are committed by employees of company that consist of them giving or taking illegal advantages before the information is made public. For example “David Carpenter, Kenneth P. Felis, and R. Foster Winans, Petitioners vs. United States”. In this case R. Foster Winans was sentenced in 1985 for informing two stockbrokers about…