Sociology 2266A/B Chapter Notes - Chapter 17: White-Collar Crime, Corporate Crime, Accounting Scandals
Document Summary
Chapter 17- corporate and white-collar crime: many occ deaths and injuries result unsafe and illegal working conds, term white-collar crime introduced sutherland. The extent and nature of corporate and whit-collar crime: The extent of corporate and white collar crime: major problem- public finally becoming aware harm done corp and wc crims. The nature of corporate and white-collar crime: many ways making money- range offences comm course legit occ. Crime and the corporation: executive disengagement: juristic persons- legal concept that corps are liable to same laws as natural persons. Treating corps individs raises pract difs legal enforcement and punishment. Investment and securities fraud: ponzi scheme- a fraud in which old investors paid w funds invested by new investors. The justice system: wrongful convictions: tunnel vision- focused only on suspect and thus failed properly investigate crime/ adequately assess evidence might have cleared suspect during invest/ trial, some cases delib withheld evidence from defence might resulted acquittal.