Monday, November 8, 2010

Breakdown


Through the history of time there has always been crime and corruption committed by office workers, executives, professionals, and politicians in connection with their jobs. First off the term white-collar refers to a person that usually wears dress clothing to work, like a suit and dress shirt.

People commit white-collar crimes to obtain—or to avoid the loss of—money, property, services, and personal or business advantage.

White-collar crime encompasses a variety of illegal activities—including bribery, forgery, investment schemes, and con games—designed to take the money of unsuspecting individuals. Many white-collar crimes involve fraud relating to credit cards, telemarketing, income taxes, banking, computers, or insurance policies. Embezzlement is the theft of money or property by a person who has been entrusted with it. Money laundering is the transfer or investment of money from illegal business dealings to conceal its source. Counterfeiting involves copying or imitating money and passing the copy to others as genuine.

"White-Collar Crime." Current Issues: Macmillian Social Science Library. Detroit: Gale, 2010. Gale Opposing Viewpoints In Context. Web. 8 Nov. 2010.

4 comments:

  1. I think that white collar crime is not as bad as blue collar crime. Having somebody walk into your home and hold a gun to your head while thier partner robs you is much more tramatic that somebody forging a check and taking your money. White collar crime seems to just trick people into losing money so often the victim should have been more responsible with their money.

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  2. Jim,White collar crimes are just as bad because these people wearing white collars are normally elected officials that the public has learned to trust. When they embezzle money it is practically stealing from you, so it is just as bad even though your not at gun point.

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  3. eh holding a person at gunpoint is kinda a serious offense

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  4. No matter what name they call the crime or how they dress the crime up, it is still wrong. Mostly these type of crimes have to deal with one thing MONEY and MONEY.

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