CRI205H1 Chapter Notes - Chapter 12: Whistleblower, Market Manipulation, Environment And Climate Change Canada
Document Summary
Conrad black: multimillion dollar corporate fraud scheme; newspaper company. Christopher horne: rbc dominion securities inc. ; defrauded elderly clients out of millions. Global economy has made it easy to use illegal tactics to make profit. Enterprise crimes: crimes of the marketplace; 3 types: white-collar (illegal profit through legitimate business practices), green crimes (against environment, usually for profit), cybercrime, organized crime (illegal profit through illegitimate business practices) Top corporate crimes: environmental, antitrust, fraud, campaign finance, food and drug Experts say corporate occupational deaths and corporate violence annually kills more than all street crimes combined. Occupational crime (committed by employees for personal gain) loss due to employee theft) alone costs billions of dollars per year. Underpaid employees more likely to look for ways to make bonuses at work. Groups of offences: corporate crime; government crime (committed by government officials or with their support); occupational crime (money making through bending or breaking rules); organized/professional crime.