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The phrase "white-collar crime" was coined in 1939 during a speech given by Edwin Sutherland to the American Sociological Society. ... ” Although there has been some debate as to what qualifies as a white-collar crime, the term today generally encompasses a variety of non-violent crimes usually committed in commercial situations for financial gain. Many white-collar crimes are especially difficult to prosecute because the perpetrators are sophisticated criminals who have attempted to conceal their activities through a series of complex transactions.
Many people assume that white-collar crimes are less serious than other forms of crime, such as violent crimes. ... White-collar and corporate crimes are just as serious as other forms of crime, if not more so, and the effect they have on society is often more far-reaching. In this essay I will be discussing the severity of corporate and white collar crime in comparison to other forms of crime. I will be providing explanations as to why it is a serious issue in our society that many people are not aware of and therefore, why it is crucial that such crimes are rendered visible.
There are many different forms of white-collar and corporate crime, but all have one thing in common. ... White collar crimes include such offences as commercial bribery, tax fraud, environmental offences, and computer related crimes. Hazelhurst also claims that corporate crimes are “a subset of white-collar crime” and usually occur with the intent of benefiting a corporation. Because these forms of crime sometimes involve large sums of money, and affect a large number of people, their seriousness should not be underestimated.
While it is not suggested that other forms of crime are not serious, it is evident that corporate and white-collar crimes have more serious long term consequences than other forms of crime, such as violent crime. These crimes certainly have a negative impact on the victim - usually leaving them in physical pain, and with a general fear of crime.
Approximate Word count = 1592
Approximate Pages = 6.4
(250 words per page double spaced)
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