SOC 2106 Lecture Notes - Lecture 11: Edwin Sutherland, Chisel, Financial Crimes

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3/10/17 (11) white collar crime and organized crime. Crimes of elicit entrepreneurship: white-collar crime: people and/or institutions whose acknowledged purpose is profit through legitimate business transactions. It involves theft, embezzlement, fraud, market manipulation, restrain trade, and/or false advertising: organized crime: people and/or organizations with acknowledged purpose of profit through illegal business transactions. Involve illegal enterprise crime: corrupt, taint, and free-market system, can include violence, some enterprises include both white-collar and organized crime. In 2011, small businesses in canada lost . 2 billion to workplace fraud (e. g. giving your discount code to someone else). In 2015, there were over 2. 9 million nonfatal workplace injuries in the united states. Edwin sutherland (1930s: he focused on corporate criminality and claimed that white-collar crime involved conspiracies by the wealthy to use their position in commerce and industry for personal gain without regard for the law.

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