SOC-3340 Lecture Notes - Lecture 16: Embezzlement, Uniform Crime Reports, Wield

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What is white-collar crime: corporate crime, occupational crime. Retail service fraud, employee crime, professional crime : government crime/corruption, organized crime. How common is white-collar crime: white collar-crime is extremely difficult to measure: Some white-collar crime can be classified as victimless . Fbi statistics focus primarily on lower-level white-collar crime, such as forgery, embezzlement, fraud, etc. What are the costs of white-collar crime: direct costs. Greater than the economic output of 81% of countries. Robberies/burglaries cost approximately b per year: indirect costs. Costs associated with prosecution and defense of wrongdoers: physical costs. 18,000 deaths and 1 million serious injuries per year. Prosecuting white-collar crimes and criminals: uncovering, charging, and prosecuting a white-collar criminal can be very difficult: White-collar crime is often not viewed as a serious problem. In a survey, only 4% of prosecutors said that wcc is a. White-collar crime can often be very complicated. Prosecutions are very expensive and time consuming; often, charging decisions come down to resource availability.

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