White Collar Crimes
- A white-collar crime is a crime that is non-violent, financially motivated
offenses typically committed by individuals, businesses, or government
professionals during their occupation.
- An example of a white-collar crime would be Bernie Madoff Ponzi
scheme, he built a multi-billion-dollar investment firm with false
trading reports and without assistance from the major derivatives
firms, each of which refused to trade with him. Bernie Madoff pled
guilty to 11 federal crimes including securities fraud, money
laundering, and theft from an employee benefit plan.
- The typical victims are often people who have funds to invest in a
financial scheme, these are often people who have retired
- The typical offenders are usually people of respectability and high
social status, who are unfortunately trusted by victims. They can also
involve organized groups such as the mafia.
- White-collar crimes often harm human rights such as economic
exploitation, environmental rights, labour rights violation and
corruption.
- The level of public awareness is often low, especially because this
crime isn’t violent, so it doesn’t go public often.
- It’s both criminal and deviant.
Moral Crimes
- A moral crime is an act that is considered unethical according to
societal or cultural standards but may not always be illegal under the
law. These often violate norms, moral codes and values.
- An example of this would be the case: Adultery Laws in Afghanistan. A
woman and a man were accused of adultery after being caught
together in a private place. They were unrelated in any form of way
which caused suspicion. The woman was sentenced to five years in
prison, while the man received a lighter sentence which showed
gender inequality in the treatment of moral crimes.
- Types of victims are often thought to be victims. However, the offender
and the victim can be the same person.
- It harms the human rights law by the right to privacy, equality and
non-discrimination, freedom of thought, conscience and religion.
, - Public awareness is often the law as many offences are usually hidden.
It is often ignored due to sympathy for the victims.
- It is both criminal and deviance.
Case Study (Moral Crime)
Fraudsters preying upon Pensioners:
- 78-year-old widow became a victim to a scam.
- Received a scam call and the person who was scamming told the widow
they was a part of the bank and unusual activity was happening with the
widows account making her panic as she was already vulnerable, as her
husband of 50 years has just died.
- She followed all the steps that she has been told to do
- She lost £100,000 because of this and when she reported it to the bank
they told her they couldn't do anything because she signed everything off
making it a real transaction.
- Years later she reached out to the Financial Ombudsman which she was
successful on doing so making her get most the money back which she lost
due to the scam.
- The widow wanted to make a project for awareness for older and vulnerable
people like her to not get scammed like she did before as she said "It was a
terrible experience I wouldn't wish on anyone".
State Crimes:
- A state crime is something that is ordered by the government which
can be something like genocide, war crimes.
- Types of victims are citizens of a country that have a different view of
anything than the government take very seriously and the government
is corrupt.
- A white-collar crime is a crime that is non-violent, financially motivated
offenses typically committed by individuals, businesses, or government
professionals during their occupation.
- An example of a white-collar crime would be Bernie Madoff Ponzi
scheme, he built a multi-billion-dollar investment firm with false
trading reports and without assistance from the major derivatives
firms, each of which refused to trade with him. Bernie Madoff pled
guilty to 11 federal crimes including securities fraud, money
laundering, and theft from an employee benefit plan.
- The typical victims are often people who have funds to invest in a
financial scheme, these are often people who have retired
- The typical offenders are usually people of respectability and high
social status, who are unfortunately trusted by victims. They can also
involve organized groups such as the mafia.
- White-collar crimes often harm human rights such as economic
exploitation, environmental rights, labour rights violation and
corruption.
- The level of public awareness is often low, especially because this
crime isn’t violent, so it doesn’t go public often.
- It’s both criminal and deviant.
Moral Crimes
- A moral crime is an act that is considered unethical according to
societal or cultural standards but may not always be illegal under the
law. These often violate norms, moral codes and values.
- An example of this would be the case: Adultery Laws in Afghanistan. A
woman and a man were accused of adultery after being caught
together in a private place. They were unrelated in any form of way
which caused suspicion. The woman was sentenced to five years in
prison, while the man received a lighter sentence which showed
gender inequality in the treatment of moral crimes.
- Types of victims are often thought to be victims. However, the offender
and the victim can be the same person.
- It harms the human rights law by the right to privacy, equality and
non-discrimination, freedom of thought, conscience and religion.
, - Public awareness is often the law as many offences are usually hidden.
It is often ignored due to sympathy for the victims.
- It is both criminal and deviance.
Case Study (Moral Crime)
Fraudsters preying upon Pensioners:
- 78-year-old widow became a victim to a scam.
- Received a scam call and the person who was scamming told the widow
they was a part of the bank and unusual activity was happening with the
widows account making her panic as she was already vulnerable, as her
husband of 50 years has just died.
- She followed all the steps that she has been told to do
- She lost £100,000 because of this and when she reported it to the bank
they told her they couldn't do anything because she signed everything off
making it a real transaction.
- Years later she reached out to the Financial Ombudsman which she was
successful on doing so making her get most the money back which she lost
due to the scam.
- The widow wanted to make a project for awareness for older and vulnerable
people like her to not get scammed like she did before as she said "It was a
terrible experience I wouldn't wish on anyone".
State Crimes:
- A state crime is something that is ordered by the government which
can be something like genocide, war crimes.
- Types of victims are citizens of a country that have a different view of
anything than the government take very seriously and the government
is corrupt.
