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Boiler Room from legal perspective - Essay Example

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Summary
Seth likens in the direction of buying shares and selling them to illegal drug dealers. After an interview Seth joins the firm despite the knowledge, he has about the illegal drug dealings of the firm. So…
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Boiler Room from legal perspective
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Extract of sample "Boiler Room from legal perspective"

Legal perspective of “Boiler Room” In Boiler room movie/film, there is a college drop out by Seth Davis. Seth likens in the direction of buying shares and selling them to illegal drug dealers. After an interview Seth joins the firm despite the knowledge, he has about the illegal drug dealings of the firm. So the movie "Boiler room” introduces us to the illegal drug transactions. After Seth is recruited to firm he works under the supervision of the firm’s senior brokers like Chris, Greg and the head of the firm who is called Michael.

After a short period Seth becomes an expert in drug dealings and selling regardless of the knowledge about the illegal drugs. The basic function of this firm is to sell illegal drugs like Cocaine to the public in order to make enormous profits. For a firm to achieve this function the movie used some normal residents to do the work of trafficking and selling drugs to the public that is illegal. Unreasonably, Seth falls in the trap of the firm by being a client. By doing this the firm abuses the law that one should not be found in possession, manufacturing or even sale of the illegal drugs.

For the firm is to be accused of possessing and distributing of illegal drugs. The effects of the three steps are that those drugs may cause death to the users, may also cause serious health problems to the users also and may also cause violence, which may pose threats affecting everyone’s safety leading to a non-peaceful state. According to the law penalties on illegal drugs are based on three elements and which are: The quantity of the drug, the type of the drug and the purpose of possession.

On the quantity of drug, there is a bigger penalty for people, organizations and firms who are found in possession of a large quantity of drugs than one got with just a small amount of the drug. Generally, possessors of drug selling organizations are supposed to get weighty charges like 25years in jail without parole. The second one is on the drug, which is based on their potential for dependency in contrast to medicinal drugs whereby possession of more potential drugs calls for a bigger penalty than just mere possessors of no potential drugs.

According to the law, it is a more serious crime having illegal drugs for sale other than having them for subsistence use. Due to this, possession of drugs for sale to other will face more serious charges and penalty than possessing drugs for personal use. For instance possessing a small amount of drug for personal use the charges may yield to $10000 fine while possessing drugs for sale may lead to a jail fine, thousands of dollars or even both.It’s evident that the victims of “Boiler Room” will face charges against possession of illegal drugs, possessing drugs for sale and possessing high quantity of drug and if judged fairly they will not be able to win the court of law.

Works Cited Boiler room. Retrieved from www.imdb.com/title/tt0181984/

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