White Collar Crime

Running head : White Collar Crime

White Collar Crime

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Whenever we hear the phrase `white collar , the first thing that comes to mind is working in an office environment . However , as we shall see later in this discussion , there is more than one meaning to this phrase White collar crime refers to an act or omission which contravenes or goes against certain stipulated laws which is committed by people who hold high position or big offices . Edwin Sutherland , a professor of criminology was

the first person to come up with this term and argued that white collar crime has a direct link with cooperate crime as the former involves fraud , embezzlement and computer related crimes which white collar employees are more exposed to . This discussion takes a look at this kind of crime and the various impacts that it has on the society (Edwin . 1983

Reports released by the Federal Bureau of Investigation (FBI ) indicate that on average , the United States of America spends slightly above 300 billion every year in fighting white collar crimes . This goes to show how rampant this type of crime has become especially with the advancement of technology in today 's society . Some of the crimes that have been classified as white collar crimes include embezzlement of funds while in office , fraud , using computers to commit crimes , theft of identity , corruption , forgery and all other forms of fraud (David 1994

According to the FBI it has proven difficult over the years...