SOCI 2450 Lecture Notes - Lecture 11: Edwin Sutherland, Price Fixing, Cheque

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Criminology class 11: white collar & organized crime. White collar crime: people institutions whose acknowledged purpose is profit, through legitimate business transactions, of legitimate commercial products. Organized crime: people, organizations with acknowledged purpose is profit, through illegitimate business transactions, use threat, extortion, smuggling. Illegal enterprise crimes: crimes of illicit entrepreneurship, goal = make money through criminal/illegal means, corrupt + taint free market system, may include violence. Linked by enterprise: enterprise: taking risks for profit in market place, some enterprise includes both types. Focus on: corporate criminality, rich and powerful. Defined: crime committed by person of respectability and high social status in the course of his occupation. Conspiracies by wealthy: use position in commerce. Industry for personal gain: without regard for law. Cost likely greater: than all crimes viewed as crime problems . Breed distrust in: economic and social institutions, lowering public morale, undermining faith in business + government. Income tax evasion, credit fraud, soliciting bribes, embezzlement.

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