SOC224 Lecture Notes - Lecture 18: White-Collar Crime, Bankruptcy, Welfare Fraud

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Herbert edelhertz - criminologist that specialized in white-collar crime. Key points of his white-collar crime typology: illegal acts, non-physical, involves guile, deception, purpose is to attain money or property or to avoid payment or loss of money and property or to obtain advantages (whether personal or business) Well-to-do people commit acts of deviance that are related to their occupations these same opportunities for deviance are not available to less well-off people. May view as crime against the company itself. Can be really minor (e. g. stealing of ce supplies) to more serious (e. g. Usually violate some law, like tax violations, corporate tax violations, food and drug violations; e. g. lying about ef cacy of product; publishing false statements; deceptive advertising. Largely entails executives and executive of cers engaging in illegal actions that are intended to further the interests of the corporation. Contrasts with individual embezzlement here, victim is corporation.

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