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Essay / White Collar Crime Essay - 1132
Prevalence of White Collar Crime in the United States In the United States, white collar crime is very misinterpreted and in some cases simply swept under the rug. The Department of Justice reported in December 2013 that there had been five hundred and thirty-eight prosecutions for white collar crimes (White Collar Crime Prosecutions, 2013). This figure would be down about 3% from a month ago and just over 4% from a year ago (White Collar Crime Prosecutions, 2013). White-collar crime is defined as lying, cheating, or stealing from the government (Federal Bureau of White-Collar Crime). Survey, 2014). It is not always considered a victimless crime because a white-collar scam can destroy a business, break up families by destroying their savings, or cost investors billions of dollars (Federal Bureau of Investigation, 2014). white-collar crime are the three Bs: bank fraud, blackmail and corruption (Types and Schemes, 2014). Other types of white-collar crime include cell phone and computer fraud, counterfeiting, embezzlement, counterfeiting, extortion, and money laundering. Fraudulent schemes such as: bank fraud, computer fraud, welfare fraud, and healthcare fraud are more sophisticated and bulletproof. than ever before and the Federal Bureau of Investigations (FBI) is more determined and determined to use its skills to track down and arrest culprits and stop scams before they even begin (Federal Bureau of Investigations, 2014). For example, Welfare Fraud and Health Care fraud are two popular white-collar crimes currently under investigation against the elderly (Federal Bureau of Investigations, 2014). Older people are easy targets for multiple reasons, including: brain deficiencies, polite people and... middle of paper... who run these companies and their personality traits (Newman, 15). Most criminologists have been more concerned with investigating the very existence of crime in the upper strata of our society than with variations in crime rates within a business or profession (Newman, 15 ). White collar crime will not be fully understood without in-depth knowledge. conflicts of values in government regulations of business (Newman, 16). One of the reasons white collar crime is committed is to make a large company even bigger or the individuals who run that company become greedy (Newman, 16). There is still much to learn about white-collar crime, but the Federal Bureau of Investigations creates and improves programs to combat fraud and other types of white-collar crime to protect the state and federal governments (Federal Bureau of Investigations, 2014).