ipl-logo

Organized Crime Vs White Collar Crime Essay

1570 Words7 Pages

Running Head: White Collar Crime vs. Organized Crime 1

White Collar Crime vs. Organized Crime
Richard Woodley
Atlanta Metropolitan State College

This research essay will cover the differences between the two types of crimes.
Also, this paper will be about white-collar crime and organized crime and their influence on America. There are some differences between white-collar crime and organized crime. White collar crime is mostly done by individuals who have good high paying jobs, power players of companies, and the upper class(Peterson, 2012).However, the criminals involving organized crime are usually people who did not come from wealthy families, do not have high paying jobs in cooperation and usually on the lower end of society(Knowles,2010). Usually, the crimes committed by white-collar criminals usually continues on for many years unnoticed(Peterson, 2012). Other times white collar crimes are known by law enforcement to …show more content…

Each of these crimes has similarities and differences(Knowles,2010; Williams,2006). Both organized crime and white collar crime involves organizations or a group effort to make a profit(Knowles,2010; Williams,2006). Both organizations take part in crimes for monetary gain even though their crimes are different(Knowles,2010; Peterson, 2012). Law enforcement is aware of both of these crime groups but funding and effort from police are different. These organizations are hurting America(Knowles,2010; Peterson, 2012).

References
Knowles, W. B. (2010). Organized Crime in the U.S. New York: Nova Science Publishers,
Inc.1-11.
Peterson, A. (2012). White Collar Crime in the Mutual Fund Industry. El Paso: LFB Scholarly
Publishing LLC.10-12.

Williams, H. E. (2006). Investigating White-collar Crime : Embezzlement and Financial Fraud.
Springfield, Ill: Charles C Thomas

Show More
Related

  • Bugsy Siegel Gang

    685 Words  | 3 Pages

    Organized crime is one of my favorite categories to watch because it’s an empire that earns illegal money. Usually the money is earned through prostitution, gambling, bootlegging, and robberies. I believe this is an excellent subject to research because it’s very interesting and I’ve always wanted to be a member of a mafia group during the 1950’s. Al Capone known as one the most famous leaders, he lead the Chicago Outfit, which is the city I live in.

    Read More

  • Rational Choice Theory: Understanding White Collar Crime

    110 Words  | 1 Pages

    A white collar crime is committed to make profits, they are not the acts of madmen or irrational people. They are rational acts that often require planning and careful

    Read More

  • Regulatory Oversight Affecting White Collar Crime

    350 Words  | 2 Pages

    In week sevens exam the regulatory oversight components is looked at and how it affects white-collar crime as well its effectiveness in preventing these crimes as its basic intent. This essay will attempt to investigate and explore the possible solutions as well as the scenarios that are best employed in the use of regulatory oversight, as well as its meaning and function. It is also hoped that by virtue of this examination that possible improvements can be suggested as to advancing the understanding and history of past and current polices. By definition the regulatory agencies function is primarily deal with the administrative aspect of laws where regulation as well as rule making are codified by a legislative body.

    Read More

  • Rhetorical Analysis Of The Age Of White Guilt By Shirley Lee

    1900 Words  | 8 Pages

    White-collar crimes like what happened to Shirley Lee are prevalent today. Many view white-collar crime as less threatening than typical blue-collar crime (i.e. robberies). Both crimes however, affect society in a negative way. White-collar crimes cause more direct financial harm than blue-collar crimes. Blue-collar criminals cause more physical harm and for that reason are often perused and punished more rigorously.

    Read More

  • Private Prison Case Analysis

    384 Words  | 2 Pages

    In our previous class we spoke about how the profile of the usual white collar criminal is white, middle age, has a high level of education married, has a home and is in a supervisory position. This reminded me of one of my undergrad classes where we spoke about older white males more likely to commit suicide because of the loss of status. Putting those two together if reminded me of former Walls Street trader Michael Marin. Michael Marin was 53 years old, had a wife and children and could not pay the $2,500 a month mortgage on his home. Furthermore, he had $34,000 in back taxes.

    Read More

  • Examples Of Alcoholism In The 1920's

    480 Words  | 2 Pages

    The definition of organized crime is “a group of individuals working together to illicit profit through illegal and often violent methods”which during the 1920’s, organized crime was becoming more prevalent which had a huge impact on people in these cities where it was happening. Major gangsters like Al capone, Bonnie and clyde, or baby face nelson were Bowman 2 notorious for robbing banks, killing civilians or just causing mayhem in the streets by having wars with other gangs. One group of radical gangsters named Bonnie and Clyde, they robbed about a dozen or so banks before they were ambushed by local louisiana police and killed. Some organized crime rings were not just created to cause chaos in the streets. In particular the notorious group out of New york city known as the Forty thieves which were just irish immigrants trying to get work and survive.

    Read More

  • Research Paper On Al Capone

    1344 Words  | 6 Pages

    Many attempts were made with limited success but the Kefauver Committee was one of the first major groups that helped start the investigation of organized crime. Eventually, the need for more research grew and President Reagon created the President’s Commission to increase their knowledge of organized crime by developing “a contingency model that highlighted levels of involvement of members and nonmembers” (Schram & Tibbetts, 2021, p.369). By helping to identify criminal groups, protectors, specialized support, user support, and social support, policies could be made to deter crime. While the change in time creates a new need for investigation of how crime operates, especially with cyber crimes, it allows for the government to target specific areas, doing so resulting in other areas not operating as well. The above theories behind Al Capone’s behavior could also help the government address crime in policy

    Read More

  • Organized Crime In The 1920s

    1889 Words  | 8 Pages

    Organized crime, especially as it is thought of today, represent greed, anarchy, and a complete disregard for the lives of other human beings. With the added knowledge of hindsight, however, people today are able to better represent and highlight the important factors leading to organized crime and those who represented it. To understand the lives of those who created the organized crime of today, one must understand the circumstances of the lives of those in the 1920s. The 1920s, while seemingly pleasant and jovial, was a point of dismay and financial instability for the majority of the country. Credit became an integral part of financial upkeep, but was not a sustainable way to support the economy in the long run.

    Read More

  • Ambivalence Of White Collar Crime

    531 Words  | 3 Pages

    There are all kinds of white-collar crimes include a wide variety of offenses: employee theft, land fraud, embezzlement, medical malpractice, false advertising, price-fixing, charity scams, and government fraud. White-collar crime is the most economically expensive crime in contemporary American society. White- collar crime is strongly related to declining trust and confidence in corporations and government, and safety violations and the distribution of unsafe products result in the death and serious injury of more than 100,00

    Read More

  • Chicago Organized Crime Essay

    564 Words  | 3 Pages

    Chicago Organized Crime in the 2000s When it comes to organized crime in the 2000s, Chicago has a storied past. The city has a long history of organized crime, and the 2000s are no exception. In fact, some of the most notorious crime bosses and criminal organizations in Chicago's history operated during this time. The city is home to a number of influential criminal organizations that engaged in everything from drug trafficking to extortion. This essay will discuss what is going on in Chicago, what the city/government is doing about the problem, whether the government has been corrupt, and how the people involved with organized crime have not been caught.

    Read More

  • Race Class Incarceration Research Paper

    1046 Words  | 5 Pages

    Race, Class, and Incarceration The main goal of the U.S. law enforcement has been to make the world a safer place but in the process of making the world a safer and “better” place there have been quite some downfalls. One of those many downfalls would have to be the American prison system. In today’s society police enforcement has given so much focus on prosecuting street crime while failing to acknowledge white-collar crime and other major crimes that occur every day.

    Read More

  • White Collar Crime Rational Choice Theory

    1831 Words  | 8 Pages

    CHOICES “White collar crime” refers to those offenses that are anticipated to generate fiscal gain using some form of dishonesty. This type of crime is usually committed by people in the commercial world who, as a result of their employment position, are able to get a hold of large amounts of other people’s money. “White collar crime” does not involve forceful, drug-related, or blatantly illicit activities. In fact, perpetrators are typically involved in otherwise lawful industries and may hold respectable positions in the community prior to the discovery of their fraudulent schemes. The slogan “white collar crime” was made up in 1939 by Edwin Sutherland during a dialog which he gave to the American Sociological Society.

    Read More

  • Disenfranchisement Vs Street Crime

    266 Words  | 2 Pages

    To contribute to the financial advantage the rich have, the wealthy generally commit more white collar crimes than street crimes, which are treated as lesser in the overall criminal justice system. Street crimes are far more visible than white collar crimes and those charged with street crimes are more likely to face justice than those charged with white collar crimes (Martinez, 2014).

    Read More

  • Rational Choice Theory: Why Do People Commit Crimes

    912 Words  | 4 Pages

    White collar crime is an organized crime committed by person of higher socioeconomic status in the course of their business, occupation, or profession (Sutherland, 2002). It was introduced to the Criminal Justice system in 1939, but was overlooked by many people because they never noticed it was happening. White collar crime has been taking place in America for a long time and is summed up as lying, cheating and stealing. There are numerous types of white collar crimes such as bribery, bank fraud, embezzlement, and insurance fraud to name a few (National Check Fraud Center, 2011). One case that we all know of, Enron, not only wiped out lifesavings, but cost investors billions of dollars.

    Read More

  • Whistleblowing System In The Film Chasing Madoff

    1179 Words  | 5 Pages

    “Chasing Madoff”, a documentary released in 2010 portrays the way the whistleblower, Harry Markopolos, uncovered Bernie Madoff’s fraud scheme and his ten-year struggle to get the SEC to investigate. The documentary begins with an introduction to Harry Markopolos and his former coworkers Frank Casey and Neil Chelo. The three men work in finance, with investment portfolios. They were aware that in the finance industry there was much talk about an investment company making their customers high returns. Casey came across some investment information from a client of Madoff and gives the information to Markopolos to look over.

    Read More

More about Organized Crime Vs White Collar Crime Essay

Open Document