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Published byAbel Postlewaite Modified over 9 years ago
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In my opinion White- Collar Crime is worse well, not necessarily worse than street crime, but I believe white collar crime gets overlooked simply because of who commits the crime and that is unfair.
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Consist of robbery, burglary, theft, murder, homicide, domestic violence, assault & battery, and etc…
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Embezzlement Bribery Larceny Extortion (Blackmail) Fraud Price Fixing. Racketeering Computer Fraud Obstruction of Justice Perjury
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Crimes that fall into this category include altering books by accountants and overcharging or cheating clients by lawyers.
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A much more costly type of white collar crime occurs when corporate executives commit criminal acts to benefit their company.
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the creation of inferior products, price fixing. tobacco companies that add nicotine to cigarettes when companies advertise food as "lite" when it has as many calories as regular food.
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Best Lawyers Favorable Laws Individual Perception Little Police Effort Difficult to Assign Blame
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White-collar crime tends to be made up of complex, sophisticated, and relatively technical actions. White-collar crime tends to be intermingled with legitimate behavior
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White-collar crime is rarely prosecuted and rarely convicted. Penalties are light..
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Greed. Economic difficulty.
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White collar crimes can be prosecuted at the state or federal level, depending on whether a state or federal law was broken.
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White collar crime is on the rise and is becoming an increasing problem as the world becomes more high-tech Economic crime costs the United States approximately $100 billion in 1990.
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Approximately one in three American households are victims of white collar crime, but only 41 percent report it
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Of white collar crimes reported, only 21 percent are handled by a law enforcement or consumer protection agency.
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Convicted in 2004 Obstruction and justice Served five months in federal prison
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Founder of shoe company Currently serving a 41-month sentence Stock fraud and money laundering
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Indiana man Staged a plane crash and faked his death Accused by Indiana authorities of white collar crimes Sentenced to over 4 years in federal prison
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The End
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