Nobody downloaded yet

White Collar Crime - Essay Example

Comments (0) Cite this document
White collar crimes are a major threat to economic development in any country or society,as they are much more difficult to track and prevent.This is due to the fact that they are perpetrated by men and women of high social status and integrity,who use positions entrusted to them to facilitate criminal activities either for personal or corporate gains…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
White Collar Crime
Read TextPreview

Extract of sample "White Collar Crime"

Download file to see previous pages White collar crimes are a major threat to economic development in any country or society, as they are much more difficult to track and prevent. This is due to the fact that they are perpetrated by men and women of high social status and integrity, who use positions entrusted to them to facilitate criminal activities either for personal or corporate gains. Such crimes include and not limited to corruption, identity theft, tax evasion and embezzlement among others such as money laundering (Simon & Eitzen, 2000). This paper is a critical evaluation of white collar crimes as compared to conventional crimes. White Collar Crimes White-collar crime is a terminology which was first used by Edwin Sutherland to define criminal activities perpetrated by men and women of high social status, whose occupations facilitate them with an avenue to commit crime (Friedrichs, 2003). In this context, these people use their positions and influence to attain financial gains at the expense of their employers. For example, a government minister may use his position to influence the awarding of tenders in his or her ministry, so as to favor certain individuals who would be willing to reward the minister for doing so. This may be done at the expense of other more deserving and experienced contractors. In such a circumstance, the minister will have committed a serious white-collar crime punishable by law i.e. corruption. One of the major characteristics of this type of crime is that it is nonviolent. This is due to the fact that it occurs in a legitimate environment in which the perpetrator will seem to be conducting normal business (Pontell, 2002). For example, a traffic police officer carries out the duties of ensuring that road users obey and observe traffic rules. In the course of performing his duties, he may be forced to arrest a driver for breaking one of the rules. In this context, the officer by virtue of his position as a law enforcer has two choices which he can make i.e. either to arrest and detain the driver or to come to an agreement which may entail accepting money in exchange with the driver’s freedom i.e. accepting bribery. This is as opposed to conventional crimes, such as robbery, murder, rape among others, which are committed with a sense of violence in them. This is due to the fact that in such crimes, perpetrators have to contest with their victims so as to benefit from the process. A bank robber for example will have to use a gun so as to scare his victims and if he feels threatened, he may be forced to shoot. The same case happens to rapists and carjackers, who must use force so as to subdue their victims. Based on these issues, it becomes much easier for these crimes to be detected as they will always involve witnesses, who in turn will report to the authorities (Reiman, 1998). On the contrary, white collar crimes are difficult to detect and therefore will mostly go unreported maybe until when it is too late. For example, a person may not have to appear physically in a bank so as to commit robbery. In this computer era, one may use his technical knowledge to access accounts online by the way of hacking, mostly on credit cards, and make purchases without the knowledge of the card holder (Newman & Clarke, 2003). This makes it difficult for the police to arrest the culprits unlike when they are confronted with a hostage situation. In this context, white collar crimes are perpetrated by people with opportunity and technical knowhow, thus making them much more complex as compared to other conventional crimes. As the rate of white collar crimes continue to increase, the society at large continues to suffer the consequences. For example, it is estimated that the US government loses more than $300 billion, on annual basis, to these crimes, which include tax evasion by wealthy individuals (Pontell, 2002). Such money could be used to improve the lives of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“White Collar Crime Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from
(White Collar Crime Essay Example | Topics and Well Written Essays - 750 Words)
“White Collar Crime Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


White-collar Crime

...?White-collar crime White-collar crime can be defined based on the individual committing the crime and the type of crime that is committed. A white-collar crime is a criminal act that is committed by someone of a higher social ranking and with a respectable position amongst others. They are looked up to and are least expected to become involved in criminal dealings. More often than not, the crime is committed by businesses and institutions, if not smaller groups or individuals within them. These people work legitimately for a business or...
1 Pages(250 words)Essay

White Collar Crime

...? White Collar Crime The essay aims to proffer pertinent issues that detail the foundations and enforcement of white collar crime. The paper would hereby contain definitions of white-collar crime, the laws that regulate them, and their impact on society. White Collar Crime Various studies have acknowledged and attributed the origin and foundation of white collar crime to Edwin H. Sutherland, a known criminologist and sociologist, who presented its theoretical relevance in his reported...
4 Pages(1000 words)Research Paper

White-Collar Crime

...White-Collar Crime This paper seeks to explain and give a deeper insight into the sociological aspects that determine the various behaviors observed in the business world. Of key interest is the various theory of deviance that fuels such ill conduct in the society. All over the globe, one thing remains clear that the society is divided majorly into two groups, that is, the haves and the have-nots. Moreover, the behavioral characteristics of these people within the society are relatively different owing to the level of interaction experienced. The type of environment in which different people are brought up defines the diverse cultural backgrounds of the societal composition....
5 Pages(1250 words)Research Paper

White Collar Crime

...? White collar crime and Executive summary White collar crimes often relate to crimes that have to do with large finances yet no physical violence takes place. These crimes involve most of the legal principles as other crimes, but they are complex than other crimes as they involve complicated legal and factual issues. White collar crimes are less obvious due to their ability to incorporate legitimate and criminal behavior. Whether committed by corporations or individuals, white collar...
15 Pages(3750 words)Term Paper

White Collar Crime

...White Collar Crime 1. Introduction: Crime and criminal acts have been existing is human societies all the time. Over the years, the nature of crime has changed in tune with the developments in the society and they include murder, theft, arson and cheating to name few. Acts of crime committed by the wealthy and even influential people show that poverty is not the prime reason for committing crimes. Even though such acts have been carried out over the years, it was given a proper name seventy years ago in 1939. The term white collar criminal was coined by sociologist Edwin H Sutherland...
12 Pages(3000 words)Essay


...Assignment This paper would demonstrate the various definitions and forms of white collar crimes, the laws that regulate them and their impact on society as a whole. It should be pointed out that White Collar Crime could be defined as a crime committed by a noble person in a society or a member of elite group who enjoys exalted position among people from various social classes. In addition, it could also be defined as a crime committed by a business executive or an employee at higher managerial level for any personal reasons. For instance, it is also a crime that involves deception,...
2 Pages(500 words)Essay

White Collar Crime

...FOUNDATIONS AND ENFORCEMENT OF WHITE-COLLAR CRIMES Presented By goes here] To [your goes here] [Your goes here] [Your university’s name] [Due date of the paper] White-Collar CrimesWhite-collar crimes are the crimes that authorized people commit to get personal favors. White-collar criminals include bank officers, bureaucrats, government servants, business people and politicians. According to Albanese (2012), white-collar criminals use their legitimate powers unlawfully. Some common types of white-collar crimes include embezzlement, bankruptcy fraud, corruption, black mailing, bribery, counterfeiting, pension fund crime, charity fund crime, financial crimes and occupational crimes. White-collar crimes are not violent... , but their...
2 Pages(500 words)Essay

White-Collar Crime

...White-Collar Crime Give an example of and explain how white-collar crime differs from other types of crimes? Counterfeit or Forgery Counterfeit or forgery refers to the act of a person duplicating or emulating an original item’s image (mostly money) without the right to do so from the respective legal authority. Though counterfeiting is most often associated with money, it includes everything from apparel, software, accessories, medications, music and cigarettes, toys, automobile, airplane parts, to consumer and electronic goods. Counterfeit goods’ processing mostly utilizes cheap, substandard and dangerous materials,...
1 Pages(250 words)Assignment

White Collar Crime

...White Collar Crime White Collar Crime The case of Madoff clearly exhibits that businesses should not be allowed to damage and cause disadvantage to a larger section of the society in order to benefit a few. In the Madoff’s case he was benefiting a few investors and himself while the others were not aware of the wrong business practices that were being conducted by Madoff. Secondly, it is the responsibility of the accountants to ensure that the business does not indulge in illegal activities. In case of Madoff, the accounts were equally responsible for the scheme as they had manipulated the accounts. The criminal penalties should focus not...
1 Pages(250 words)Assignment

White Collar Crime

...White Collar Crime Affiliation White Collar Crime White-collar crimes are committed by professional who are well educated and who understand various ways of strategizing, as well as, formulating ways of making more money. The reason rich people commit crimes is to satisfy their lifestyle and continue entertaining themselves. However, because all the money they need cannot nit be acquired legally, they have to come up with illegal ways to make more money. For instance, since the introduction of Ponzi schemes by Charles Ponzi in 1920 the schemes have become a venue for the...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic White Collar Crime for FREE!

Contact Us