White-collar crime
 White-collar crime  (Crime, Corruption)   | |
|---|---|
 | |
| Interest of | Jürgen Roth |
| Crimes by well educated people, often with high social status. | |
White-collar crime is financially motivated, not directly violent crime committed through deceptive practices, by individuals, businesses and government officials.[1] It overlaps with corporate crime. While not violent and for some time not viewed as serious by society at at large,[2] these crimes are today thought of as: "just as severe and devastating as street crimes".[3]
It was first defined by the sociologist Edwin Sutherland in 1939 as:
"a crime committed by a person of respectability and high social status in the course of their occupation"
White-collar criminals usually occupy a professional position of power and/or prestige, and one that commands well above average compensation.[4] A considerable percentage of white-collar offenders are middle-aged Caucasian men who usually commit their first white-collar offense sometime between their late thirties through their mid-forties and appear to have middle-class backgrounds.[5]
White-collar crimes may include:
- wage theft
- fraud
- bribery
- Ponzi schemes [6]
- insider trading
- labor racketeering
- embezzlement
- cybercrime
- copyright infringement
- money laundering
- identity theft
- forgery
- blackmail
External links
- FBI - White-Collar Crime
- Cornell - White-collar crime
- Northcentral University - 5 Most Common White Collar Crimes
- Slate - A Failure of Feminism: Women Are Being Systematically Excluded From White-Collar Crime
Examples
| Page name | Description |
|---|---|
| Deepwater Horizon | An ecologically disastrous oil spill |
| Insider trading | Trading for your own benefit with knowledge only few have. |
| Lübeck disaster | Worst case, whereby the vaccine was contaminated with the bacteria (tuberculosis) that caused the disease. |
| Pay to play |
Related Quotation
| Page | Quote | Author | Date |
|---|---|---|---|
| "COVID-19/Vaccine" | “For us therefore, we're really taking that leap [to drive innovation] – us as a company, Bayer – in cell and gene therapies [...] ultimately the mRNA vaccines are an example for that cell and gene therapy. I always like to say: if we had surveyed two years ago in the public – ‘would you be willing to take a gene or cell therapy and inject it into your body?’ – we would have probably had a 95% refusal rate,” | Stefan Oelrich | 24 October 2021 |
References
- ↑ https://legaldictionary.net/white-collar-crime/
- ↑ https://www.ojp.gov/ncjrs/virtual-library/abstracts/consequences-white-collar-crime-white-collar-crime-agenda-research
- ↑ https://attorneyatlawmagazine.com/white-collar-crime-what-is-how-affect-society
- ↑ https://corporatefinanceinstitute.com/resources/knowledge/finance/white-collar-crime/
- ↑ https://psichologyanswers.com/library/lecture/read/400026-who-are-the-offenders-of-white-collar-crime
- ↑ https://www.rasmussen.edu/degrees/justice-studies/blog/white-collar-crime/
