SOC 2700 Chapter Notes - Chapter 12: White-Collar Crime, Edwin Sutherland, Tax Haven

• School: University of Guelph
• Department: Sociology
• Course: SOC 2700
• Professor: Reza Barmaki

Document Summary

Chapter 12: crimes of power: white collar, corporate and organized crime. Conrad blacks company owned more than 100 newspaper- the us securities and exchange commission charged hollinger with falsifying documents and making illicit payments to executives. Black served several years of a six 1\2 year prison sentence. Black was able to exploit an opportunity for profit within an organization. The cayman islands is a tax heaven where individuals and corporations pay no taxes and benefit form absolute secrecy. The bahamas is another tax heaven with no personal or corporate taxes. Our global economy has made easy to use illegal tactics to make profit. We refer to these crimes of the marketplace as enterprise crimes, and then divide these crimes into white-collar crime, green criminology and cybercrime. Organized crime: illegal acts committed by a gang, such as drug trafficking (extortion, loan sharking, gambling) Organized crime involves individuals or groups who use illegal marketing technique and outlawed of controlled products.