CRIM 101 Chapter Notes - Chapter 18: White-Collar Crime, Legal Personality, Corporate Crime

• School: Simon Fraser University
• Department: Criminology
• Course: CRIM 101
• Professor: Barry Cartwright

Document Summary

White collar crime- a crime committed by a person, usually of high social status, in the course of his or her occupation. Ponzi scheme- an investing scam where a fraudster pays returns to existing investor with new investor"s funds under the false pretense. Sutherland also speculated that white collar crime financial costs was several times as great as traditional crime, combined with a reduction in social trust that produced social disorganization on a larger scale . Related to the privileged status of white collar offenders is the immensely greater influence on both the law in the books and the law in the action. Street criminals in contrast often lack the means to engage in advocacy in their own court cases. White collar offenders are also far more likely to share the middle or upper class backgrounds of those doing the enforcing or judging relevant to their conduct. Occupational context- white collar crime occurs in workplace environments.