White-collar crimes come in many different forms, including money laundering; credit card, health care, insurance, securities, and/or telecommunications fraud; intellectual property and computer crimes; and identity theft. The growth of the information age and the globalization of Internet communication and commerce have impacted significantly upon the manner in which economic crimes are committed, their frequency, and the difficulty in apprehending the perpetrators. According to the National Fraud Center statistics, economic crime cost the nation $5,000,000,000 in 1970, $20,000,000,000 in 1980, and $100,000,000,000 in 1990. As businesses and financial transactions become more and more computer and Internet dependent, the reality of increased economic crime grows exponentially, fueled by the rapid growth of technology. So you can see that as there is an increase in technology there is an increase in crime. But wouldn't you think that this would make it easier to detect and prosecute for the crime.
Johnston, Richard. "White-Collar Crime Laws Need Toughening in Response to New Technologies." USA Today 130 (Jan. 2002): 36-38. Rpt. in White-Collar Crime. Ed. Kelly Wand. Detroit: Greenhaven Press, 2009. Opposing Viewpoints. Gale Opposing Viewpoints In Context. Web. 5 Jan. 2011.
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