White Collar Crime essay

White Collar Crime essay

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The paper discusses the issue of white collar crime. It is illegal, unethical, or deviant activity conducted by respectable institutions. The main attribute of the white collar crime is that it violates the delegated trust. The bright examples of the white collar crime include bribery, mispresentation, manipulation, and embezzlement. The term was introduced by Edwin Sutherland in 1939. According to the researcher Sutherland the white collar crime was conducted by the respectable representatives of the white collar class.

White collar crime is illegal, unethical, or deviant activity conducted by respectable institutions. The main attribute of the white collar crime is that it violates the delegated trust. The bright examples of the white collar crime include bribery, mispresentation, manipulation, and embezzlement. The term was introduced by Edwin Sutherland in 1939. According to the researcher Sutherland the white collar crime was conducted by the respectable representatives of the white collar class.

It should be mentioned that class is generally considered to have a significant influence on the person involved in the white collar crime. Before researcher Sutherland, criminologists considered that the crime was concentrated in the lower social classes. However, Sutherland has confirmed that different classes engage in different forms of white collar crime. It is worth stating that in serious white collar crimes predominate the representatives of the upper social class.

In order to understand the role of class one should consider the influence of organization of the offence. The analysis has shown that managers are treated more severely than the employers. The white collar crime category has its own culture and poses its own challenges. The measurement of the offense is based on the data concerning the a) individual, who caused the crime; b) whether an individual acted alone, or with different affiliated persons; c) whether an individual acted through the organized association, business organization and partnership. The position and the organization of the offense influence the scope of crime. The seriousness of the offense and malice of motive conventionally increase the likelihood of criminal prosecution. The white collar crimes are charged under the Securities Act or the Criminal Code. However, it is worth noting that under the Criminal Code exposes more severe sentences than the Securities Act. In reality, it has turned out that more than half of the persons convicted under the Criminal Code receive the sentences of less than one year in prison, and it is the maximum term, which is allowed by the Securities Act.