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white coller crime

This is the age of the white-collar crime. A time when the words thief and businessmen go hand in hand. The recent events of Enron and their accounting firm Anderson Accounting has made this type of crime come to the forefront. White-collar criminals don?t get their hands dirty in their work; they use their heads to get what they want instead of using muscle. These criminals are just as dangerous as the bank robbers and murderers in my opinion. In these times, even the most seemingly respectable people are being suspected of committing white-collar crimes. White-collar crimes can vary in the type and size of the crime. There are always new scams coming out. Embezzlement, false advertising, price fixing, and consumer fraud are some of the more popular kinds. Individuals that have the power of controlling money in a business are more likely to commit embezzlement. This is one of the fastest rising crimes in the nation. According to the FBI, embezzlement rose thirty eight percent from 1984 to 1993. Consumer fraud is another growing form of white-collar crime. This is defined as the use of deceit, lies, or misrepresentations to entice customers to buy goods or services. A Unites Sates senator stated that ?nearly a quarter of all the


But our prison system are getting more overcrowded each year. Possibly the answer to slowing down the growth of white-collar crimes is to make them harder to commit, and if the public became more informed of white-collar crime they could keep an eye out for anything suspicious, that would help detour potential thieves. I feel that the most effective weapon against these crimes is to inform the public. The most obvious way to help stop these crimes is to impose stricter penalties for committing them. They are just as deadly as a man with the gun. Most crimes are committed out of greed, but all white-collar crimes are committed out of greed. Basically these scams ask you to send money for something that is non-existent, or will never get to where you want the money to go. These people have more opportunities to commit a white-collar crime than a person with little authority. The private university gained trust in New Era and invested more money. money spent by American consumers was for nothing of value. They should not let themselves be taken advantage of. Using the FBI?s findings, 9560 people, who were all over the age of eighteen, were arrested for embezzlement in 1993. Another solution to this problem will to have to come from the people who are being affected by it, because they are the most likely to stop it or report it. ? Bogus ads, job scams, and telemarketing fraud are all examples of consumer fraud. Right now when most white-collar crimes go to the courts, the penalty is light compared to most other crimes.

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