Preview

Examples Of White Collar Crime

Good Essays
Open Document
Open Document
1454 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Examples Of White Collar Crime
White collar crimes differ from traditional crimes. Society mainly base their point of views of the two from the perspective of media. Not only does media view the two as different the criminal justice also respond to white collars cases differently. There may be several theories behind the activities of white collars crimes. Williams, (2008) states, “The activities of interest to white-collar and corporate criminologists traverse the fields of law, economics, politics, and accounting, thus requiring a theoretical stance that is distinctly interdisciplinary in character.”
The Enron Scandal is an example of white collar crime on a corporate level. The Enron Organization committed accounting fraud by misleading investors and the government. The company essentially operated in gas and energy. The company became wealthy based on the marketing of its products and high stock prices. The greed of personal gain and to excel in competition led to absconding accounting files.
“The company’s initial success and ultimate failure
…show more content…
The methods used at Enron were the organizational structure set up to create the employee competition internally. Which in theory helped Enron select employees based on their aggressive behaviors.” This again coincided with the opportunity theory and separate futile ones. However, rationalization of the corruption theory emphasizes that values are important in the development of behavior. Which also contributed to the top-down behavior that was exhibited by the executives (Kulik, 2008). “The leadership of the organization is was the driving force of the unethical culture within the company that committed the criminal activities. (Kulik et al., 2008).” Therefore, there may not be just one theatrical example that will explain why the crimes were committed at

You May Also Find These Documents Helpful

  • Good Essays

    white collar crime. Bernard Ebbers cooked the books to make his company seem like they are…

    • 1065 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    White collar crimes committed by people with high status, money, or power generally tend to get a lighter sentencing than street crimes. People with power, have the money and the resources to get out of tough situations…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Some of the earliest examples of white collar crime would be scandals such as the 1920's Teapot Dome Scandal that involved members of then President Harding's administration. The Scandal involved the leasing of naval oil reserves without going into the bidding process. Another example would be the S&L scandal of the 1980's. The amount of money may never be known and the scandal was known as the biggest white collar crime in history. This scandal involved the intentional mismanagement and personal appropriation of depositors' funds by institutional executives. More recently, the Enron scandal shook the financial world. Enron…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    White collar crime can be found in any type of business industry, job occupation and profession. This type of crime comes in many styles and forms. Although there are many styles and forms of white collar crime, they all share the same characteristics. First, they involve the use of dishonesty and concealment, rather than the use of force or violence, for the unlawful gain of money, property, or services (Levenson, 2014). Another point that was brought out by Levenson in her article was that white-collar crimes typically involve abuse of positions of trust and power. These officials solicit and accept bribes and fix prices to drive the competitors out of business and then abuse their positions in turn.…

    • 940 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    White collar crime, as a rule, is less visible than conventional crime. A white collar crime, by definition, is a non-violent act involving deception, typically committed by a business person or public official. lawyershop.com…

    • 1446 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    In considering the existence of corporate crimes and acknowledging that to each victim there is an individual cost, how can we explain the lack of reporting, detection and punishment?…

    • 2354 Words
    • 8 Pages
    Better Essays
  • Better Essays

    I am a criminologist and I have been hired to assist the Farm Workers Union. The Union is making allegations that each year thousands of farm workers are sickened by exposure to pesticides used on the farms where they work. Exposure is said to occur when the workers are in the fields and helicopters spray the nearby fields. However, the industry is aware of the problem, but continues the practice. The government considers the problem of pesticide drift a statistically small one compared to the total amount of pesticide applications. It is my job to help ease the situation regarding the Union’s frustration at the apparent collusion between the industry and government. The questions that I will be addressing are whether or not the farm industry is committing a crime, why or why not? Is the government committing a crime? Why or why not? In my observation if I discover that no crime was committed then I will address as to where the farm workers will be able to obtain relief from. I then will discuss the historical success of other employees working in unsafe conditions and if they have gained any kind of relief from their past exposure.…

    • 1841 Words
    • 8 Pages
    Better Essays
  • Good Essays

    White-collar Crime- Crime

    • 513 Words
    • 3 Pages

    7. White-collar crime- crime committed by people of high social position in the course of their occupations.…

    • 513 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    White collar crime is more detrimental to society and it affects a larger scale of people. These two types of crimes may be different in many ways, but they have the same after effects. Whether it be people dieing or the lost of hard-earned money. White-collar crime also affects such a larger amount of people, and the after shock can be felt nation-wide in certain cases. In certain individuals the effects of these crimes are felt for many years to come. The idea of attaining a lot of money is glorious to people, and that is thanks to the way white-collar offenders are represented today in the media. Street crime is put first by the media, and almost all the attention is given to those types of criminals. That is not right. We cannot ignore financial crime just because it is not typically dramatic. Companies that cheat and take advantage of their consumers can not be allowed to continue scamming people out of their money. Street crime and white-collar crime both deserve large amounts of attention by the media, by law enforcement, and by the average citizen. We do not need to focus on anything besides the fact that crime is crime, and it has the potential to harm…

    • 1686 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Edwin Sutherland gave this phrase the definition “crime committed by a person of respectability and high social status in the course of his/her occupation”. Edwin Sutherland’s definition of white-collar crime helped with the way sociologists labeled the offenses that were committed by successful people living in the country who were not affected by poor education, poor living conditions, or characteristics that dealt with street crimes. It also helped with understanding why people who were well-educated could start committing crimes for their financial gains in society. According to criminology.oxfordre.com. Sutherland said there were four main factors when dealing with white-collar crimes: civil agencies often handle the corporate offences which could have been charged as fraud in a federal court, the citizens who are affected by these crimes prefer civil suits rather than criminal punishments for their offenders, white-collar crimes are able to escape prosecution due to class bias in the courts and their power of classes when influencing the implementation and administration of law and once one party is convicted with white-collar crime prosecution is halted and the other parties who were involved with the crime are ignored.…

    • 1315 Words
    • 6 Pages
    Better Essays
  • Good Essays

    White Collar Crime

    • 537 Words
    • 3 Pages

    Some of these challenges are codes of silence, employers asking for resignations to avoid scandal and attention and enquiries of occupational wrongdoing are not well received by coworkers. A major challenge is discerning whether a victim is truly a victims or simple used bad judgment that caused their own loss. A street crime involves proving actual concreate events like a shooting, a robbery or the drug deal. A white collar crime most often does not provide obvious events. Furthermore, white collar crime statutes are notoriously broad. These characteristics cause challenges to defining white collar crime. While white collar crime focuses on elite crimes for example, employee theft and lower level occupational crime. When observers ignore the status of the offender, economic crime can include minor fraud, embezzlement, and the like, even when it is not committed by individuals of high…

    • 537 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Workers Compensation Fraud

    • 1806 Words
    • 8 Pages

    In 1939, Edwin Sutherland coined the term “White Collar Crime.” The term originally characterized white-collar criminals as those with respectability and high social status who carried out crime during “his” occupation. Today, the definition of white-collar crime has been expanded to include much more than “upper class criminals.” White Collar Crime can be defined as “an offense carried out by non-coercive, nonviolent means, and using or utilizing an acquired skill or technology to perpetuate a fraudulent scheme” (Rosoff 15).…

    • 1806 Words
    • 8 Pages
    Better Essays
  • Good Essays

    The FBI defines white collar crimes as lying, cheating, and stealing. The Department of Justice defines them as non violent illegal activities that involve deception. White collar crimes falls under the purview of Criminal law. They are usually committed for financial gain. They are committed by means of deception used by people who are in an entrepreneurial professional or semi professional position. Not all people that commit white collar crimes are semi or professionals or have special technical knowledge as once thought by the government (Strader, J. K., 2002).…

    • 432 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    White Collar Crime

    • 3901 Words
    • 16 Pages

    What is white collar crime? White collar crime is defined as illegal or unethical acts that violate creditable responsibility of public trust committed by an individual or organization, usually during the course of legitimate occupational activity, and by persons of high or respectable social status for personal or organizational gain. The term is widely used by criminologist and sociologists alike, incorporating a mass of non-violent behaviors related to economic fraud.…

    • 3901 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    The first definition is by the type of offense. The type of offense could be corporate, economic, property crime, and the safety law violations. Also, some crimes are possible due to the identity of the offender (Benson & Simpson, 2015). For example, the transnational money laundering had to be done by an expert in the bank. For this reason, the FBI have adopted an approach that defines the white-collar crime that is characterized by deceit, violation of trust and concealment but do not include threats or force. Notably, the white-collar crimes are relatively persuasive and do not collect data on the socioeconomic status of the offender (Benson & Simpson, 2015). Consequently, the research and evaluation of the crime has been problematic. Therefore, the white-collar crime is classified about the type of…

    • 868 Words
    • 4 Pages
    Good Essays