ADMJ 0600 Lecture Notes - Lecture 13: Sherman Antitrust Act, Larceny, Edwin Sutherland
23 Feb 2016
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Deceit or dishonesty in your position either in the private or public sector. Now: any crime that is deceit, dishonesty, or corruption position doesn"t matter. Larceny = thef: based on amount of thef, , misdemeanor, felony (+, abuse of credit card - + = felony. Regardless of the value, the third offense makes it a felony. People who steal, usually don"t have a use, they steal to sell: fence. Person who buys the stolen item for a percentage (typically 10%) of the price. Burglary: entering a building without the authorization to be in that building with the intention of committing a crime. Madoff: subprime mortgage, embezzlement deviation of resources by someone in a position who had access to your resources stock broker, banker, investor. Sherman antitrust act was legislated in order to prevent the illegal restraint of trade: illegal restraint of trade.
