Description
The research paper should cover a topic related to white-collar crime. You may choose a topic you find interesting among those topics I send to you as an attachment. ? All papers must be typed, in APA citation format, a minimum of 5 pages.
First thing, I want you to do before you write that paper. Read those instructions and follow them.
You must write that paper thoroughly and cite all relevant assigned readings for those attachments (using APA format). In a separate page, send me the links I want to verify them.
DO NOT refer to or incorporate information from extremely unreliable sources (e.g., Wikipedia, TMZ, and The Onion).
Posts must be well written, free of grammatical errors, relevant to the topic, and demonstrate critical thinking and analysis.
Required readings
Friedrichs, D.O. (2010). Trusted criminals: White-collar crime in contemporary society. (4th ed.). Belmont, CA: Wadsworth.
• Other articles and websites – as linked on the Topic Paper
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Explanation & Answer
Attached.
Outline
Introduction
Body
Conclusion
References
Running head: WHITE COLLAR CRIME
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White-collar crime
Name of student
Name of course
Affiliated institution
Instructor’s name
Date
WHITE COLLAR CRIME
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Economic and social impact of white-collar crime on the society
White-collar crimes have become a widespread occurrence in the modern age probably
because of its tempting nature. The act, which involves stealing from a business of any size, is
swiftly committed by a person who is sure that the few missing figures will not be noticed.
White collar crimes are mostly committed by people who have access to large amounts of money
(Payne, 2016). The act needs a lot of carefulness, deception and organisation and that is why the
perpetrators are not recognised until a substantial amount of money has been stolen.
The evident aspects of this crime include the fact that it is committed by respectable
people who are in legitimate businesses. The perpetrators are in positions that are supposed to
observe the highest levels of ethics hence are mandated with overlooking the substantial amount
of money as entrusted by the people. The crime can be committed in various ways including
fraud where they misrepresent figures and acts so that they can gain something. The other types
of white-collar crimes are bribery, insider trading, forgery, Ponzi schemes, scams and tax
evasion.
White collar crime offenders are aware that are committing a crime probably against the
company executives, but they underestimate the diverse ripple effects on the economy and
society. There are so many losses and harm that befalls the community and economy as a result
of losing unknown sums of money in dubious ways and to the people supposed to be
safeguarding the financial status of organizations. Both the private and public sectors experience
the loss of money through this act, and it is worth remembering that both of these sectors are
very important to the economy.
WHITE COLLAR CRIME
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Economic impacts of white-collar crimes
Professions in significant positions of power have a direct effect on the economy.
Stealing might have a little visibl...