WHITE COLLAR CRIME Essay Example | Topics and Well Written Essays - 500 words

WHITE COLLAR CRIME - Essay Examplewithin a corporate setting. Next, the crime is bare of violence and aggression usually committed for personal benefits such as ones economic and financial welfare and prosperity. In other words, a white sweep through crime could be a combination of above mentioned factors in various instances. (Hasnas, p. 585, 2005)It should be highlighted that this crime differs from state criminal jurisprudence in a way that it does not involve physical violence or aggression that may directly damage someone else. Also, it does not about murders, misdemeanor cases, prostitution, abduction, illicit drugs and narcotics etc. neither it is about violation of another persons core rights and interests or any other immoral activities. (Hasnas, p. 586, 2005)Some of the unremarkably observed examples of White Collar Crimes include cyber crimes (hacking, computer viruses and malwares, credit card fraud, misuse of financial information and bio data), phony bankruptcies, tax evasion through fake financial statements followed by monetary frauds with stakeholders, fake or misleading insurance covers, antitrust law violations, healthcare issues, phone and telemarketing scams, business and environmental law violations, federal mail fraud, public corruption and embezzlements, forwarding business secrets of an entity, common stock and security frauds with stockholders, insider trading, bribery, counterfeiting, money laundering and economic spying. (Conklin, 2007) and (Internet Hg.com)The white collar criminal law primarily considers federal mail fraud statute that emphasizes the fact that a person is involved in dishonest and immoral deportment when one intentionally or deliberately involved in violating code of conduct and organizational rules and regulations. In more simple words, it takes into account the fact that a person is dishonest or deceptive if does not provide services he or she has promised for in