white collar crime


white collar crime articles

White-Collar Crime News and Press Releases. Press Release. Investment Adviser Sentenced to 70 Months in Prison for Stealing Millions of Dollars From Clients. Oct 20,  · Because those involved in white collar crime are usually high-ranking business professionals and executives, serious cases usually make headlines nationwide and even globally. The following are some of the most famous (or infamous) companies and individuals involved in . Our attitude toward white-collar crime is a little different. On the one hand, it fascinates us: Why do well-paid professionals commit it—on their own, with colleagues, or as part of an.

Top 10 White Collar Crime Articles | LegalMatch

Crime—particularly violent crime—may be our national obsession. Our attitude toward white-collar crime is a little different. On the one hand, it fascinates us: Why do well-paid professionals commit it—on their own, with colleagues, or as part of an organization-wide collaboration? On the other hand, it bores us: Complicated financial schemes are difficult to understand, white collar crime articles, and the perpetrators and victims are often unclear, white collar crime articles.

Who suffers when a company shifts numbers around on a spreadsheet? And even if we can identify those responsible, how should we punish them? Two new books shed light on these and other questions. Exploring the legal issues is Capital Offenses, by Samuel W. Buell, a law professor at Duke University who was a lead prosecutor in the Enron case.

Buell starts by pointing out that corporate crime is all about context and that cases may come down to whether those accused knew their actions were illegal—which means prosecutors white collar crime articles try to read minds after the fact. Drawing these fine lines around intention is even trickier when executives rely on expert advisers to help with their decisions.

Many things that appear greedy or selfish in hindsight are not illegal, and many actual crimes occur when valid business practices edge beyond what the law allows. Prosecution is especially difficult when criminal behavior spans a whole organization. Think of how often the public fails to distinguish between a corporation and the individuals who work for it. Those white collar crime articles up on the org chart, who bear the most responsibility for the company, may know little about its day-to-day activities.

And punishing a large company—through massive fines or by sending its most senior leaders to jail—can destroy it, which has serious economic ripple effects for innocent employees, customers, and communities. There are no easy answers, and Buell notes that the government tends to pursue only those white-collar cases it thinks it can win. Still, we can take solace in this bit of progress: From to the average sentence nearly doubled in fraud cases—even as it dropped for federal crimes overall. Some of these ideas have been discredited; others, Soltes says, are insufficient.

But what do the criminals themselves say? One consequence of the modern corporation, he writes, is that leaders are removed from shareholders, white collar crime articles, customers, and the public. This psychological distance can cause executives white collar crime articles lose their way. Business school ethics courses can help, but making tough choices in the classroom is far different from facing them in the real world.

The two authors agree that we need better ways to deal with white-collar crime. On the legal side, Buell says we need greater corporate transparency and incentives for executives to act in the interests of shareholders. He also calls for better regulations, but emphasizes that they would help only to a point, because corporations pour money white collar crime articles keeping the ones that constrain them from becoming law.

The real solution, Buell says, white collar crime articles, is to rethink what corruption looks like, both in business and in politics. November Issue Explore the Archive. Thomas Hedger. A version of this article appeared in the November issue pp. Partner Center.


The Annoying Truth About White-Collar Crime


white collar crime articles


An appeals court determined that a judge’s instruction to jurors — that “no ultimate harm” to investors was not a defense for a securities fraud charge — was correct. The use of L.L.C.s. The articles that follow are a collection of posts that are informative, rather than focusing on a news items. Feel free to link to them. For clients From witness to suspect Mortgage insurance companies use private investigators to kick-off prosecutions A good defense requires money, a good attorney and a plan A Federal criminal investigation is like open-heart surgery. white collar crime. Politics. Cohen And Manafort Convictions Not About Russia, But Still Trouble For Trump. The guilt of Michael Cohen and Paul Manafort shows that people on Trump’s team were accustomed to breaking the law. By Jessica Schulberg and Ryan J. Reilly. Politics.