Business, 01.08.2019 22:50, MayFlowers

Aprinciple attribute of white collar crime is that it consists of: 1. clear cut definitions of what white collar crime actually means. 2. violations that only apply to corporations. 3. a violation of delegated or implied trust. 4. attributes that can be easily be typed when formulating an approach to motives and objectives.

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1. Clear cut definitions of what white collar crime actually means

White-collar crimes differ from the conventional crimes in several ways. These crimes are committed by individuals of high social status in their profession. White collar crimes include fraud, embezzlement, bribery and extortion. These crimes are usually non-violent, involve deceit, withholding information or misrepresentation and distortion of critical information. These intent of these crimes in most instances is monetary gain or evasion of negative consequences.

answered: sindy35111

A principle attribute of white-collar crime is that it consists of clear cut definitions of what white-collar crime means (1). The term was popularized by Edwin H. Sutherland.

EXPLANATION

Edwin H. Sutherland popularized the term white-collar crime through the “American Sociological Review (White-Collar Criminality)” journal. It was written in February 1940. Sutherland explained that white-collar crime had similar meaning with various frauds devoted by government professionals and business.

These crimes are categorized by fraud, embezzlement of funds, or violation of public trust. This crime is not based on application or threats through physical or violence. The motivation behind the crime is financial - to get or avoid losing money, property, services or to get as much personal profit as you can or it can be called a business.

This crime is not a crime without victims. A single fraud can destroy a company, destroy families for example by eliminating their savings, or embezzle billions of dollars in costs to investors (or even all three at once).

The white-collar crime scheme in the digital age is more sophisticated than before, but tracking of this crime is also increasingly sophisticated. Seen from the many people who sit in the government were caught committing this crime. There are many ways to do that, including by doing the tapping.

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Keyword: White Collar Crime, Edwin H. Sutherland, American Sociological Review

Subject: Business

Class: College

Subchapter: White Collar Crime

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Aprinciple attribute of white collar crime is that it consists of: 1. clear cut definitions of what...