Chapter 14Larceny/Theft, Fraud and White-Collar Crime                                  Hess 14-1
Introduction• Larceny/theft is one of the eight index crimes reported  in the Federal Bureau of Investigation’s Uniform Cr...
Larceny/Theft: An OverviewPROPERTY CRIME• Larceny is committed through cunning, skill and  criminal design• No force or th...
Elements of the Crime: Larceny/TheftELEMENTS• Felonious stealing, taking, carrying, leading or driving  away of another’s ...
Classification of Larceny/TheftTWO MAJOR CATEGORIES• Grand larceny          Felony      In many states, $100 or more• Pe...
Found PropertyISSUES• Keeping or selling property lost by the owner is a form  of theft• It is not legal possession• Reaso...
The Preliminary InvestigationOBSTACLES•   Similar to investigating a burglary•   Even less physical evidence is available•...
Types of Larceny/TheftPICKPOCKETS AND PURSE SNATCHERS• Victim must identify the thief• LoopingBICYCLE THEFT• Bicycle theft...
Types of Larceny/TheftTHEFT FROM MOTOR VEHICLES• Most common complaint received• Small property valueMAIL THEFT• Flaggers•...
Types of Larceny/TheftRETAIL SHRINKAGE• Employee theft• Shoplifting• Organized retail crimeJEWELRY THEFT• Because jewel th...
Types of Larceny/TheftART THEFT• Losses run as high as $6 billion annually• International problemCOINS, METALS AND PAPER M...
Types of Larceny/TheftAGRICULTURAL THEFT•   Timber•   Cactus•   Livestock•   Farm equipment and chemicalsFISH AND WILDLIFE...
Proving the Elements of the CrimeOBTAINING PROOF•   Prove that the property is missing•   Bills of sale or receipts•   Evi...
FraudOVERVIEW• General term used for deceit, trickery and cheating• Activity of persons pretending to be what they are not...
FraudCONFIDENCE GAMES• Money or property is obtained by a trick• Short and long con gameREAL ESTATE AND MORTGAGE FRAUD• Eq...
FraudINSURANCE FRAUD• Premium diversion by agents• Workers’ compensation fraudHEALTH CARE FRAUD• Throughout entire country...
FraudMASS MARKETING FRAUD• False or deceptive representations to induce victims• Advance fee-type payments to fraud perpet...
FraudCOUNTERFEITING• Identification documents• Commercial counterfeitingCHECK FRAUD• Stolen checks• Fraudulent checks• For...
FraudDEBIT AND CREDIT CARD FRAUD• Elements          Possess a debit/credit card obtained by theft or fraud      By which...
FraudIDENTITY THEFT• Unauthorized use or  attempted use       Credit card       Existing accounts            Personal i...
White-Collar CrimeOVERVIEW•   Illegal acts characterized by fraud•   Also called economic or corporate crime•   Perpetrato...
White-Collar CrimeCORPORATE FRAUD•   Highest priority of FBI’s financial crimes section•   Falsification of financial info...
White-Collar CrimeMONEY LAUNDERING• Two-pronged FBI approach          Prong 1         Investigating underlying criminal ...
White-Collar CrimeEMBEZZLEMENT• By a person to whom it has  been entrusted• Fraudulent appropriationENVIRONMENTAL CRIME• N...
A Final Note about JurisdictionFACTORS•   Monetary value of the loss•   Amounts of these thresholds vary with the crime•  ...
Summary• Larceny/theft is the unlawful taking, carrying, leading  or driving away of property from another’s possession• L...
Upcoming SlideShare
Loading in …5
×

Chapter 14

328 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
328
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
14
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Chapter 14

  1. 1. Chapter 14Larceny/Theft, Fraud and White-Collar Crime Hess 14-1
  2. 2. Introduction• Larceny/theft is one of the eight index crimes reported in the Federal Bureau of Investigation’s Uniform Crime Reports (UCR)• Reported larceny/thefts exceed the combined total of all other index crimes• Minimum financial threshold of $250,000 for federal investigators to take the case Hess 14-2
  3. 3. Larceny/Theft: An OverviewPROPERTY CRIME• Larceny is committed through cunning, skill and criminal design• No force or threat of force is involved• Characterized by deceit, concealment or violation of trust• Goal is monetary gain Hess 14-3
  4. 4. Elements of the Crime: Larceny/TheftELEMENTS• Felonious stealing, taking, carrying, leading or driving away of another’s personal goods or property• Valued above (grand) or below (petty) a specified amount• With the intent to permanently deprive the owner of the property or goods Hess 14-4
  5. 5. Classification of Larceny/TheftTWO MAJOR CATEGORIES• Grand larceny  Felony  In many states, $100 or more• Petty larceny  Misdemeanor  In many states, less than $100 Hess 14-5
  6. 6. Found PropertyISSUES• Keeping or selling property lost by the owner is a form of theft• It is not legal possession• Reasonable effort must be made to find the owner• Owner, if located, must pay the cost of such inquiries Hess 14-6
  7. 7. The Preliminary InvestigationOBSTACLES• Similar to investigating a burglary• Even less physical evidence is available• No illegal or forcible entry occurred• Do not give impression that the report is unimportant Hess 14-7
  8. 8. Types of Larceny/TheftPICKPOCKETS AND PURSE SNATCHERS• Victim must identify the thief• LoopingBICYCLE THEFT• Bicycle theft rings• Sold for parts or repainted Hess 14-8
  9. 9. Types of Larceny/TheftTHEFT FROM MOTOR VEHICLES• Most common complaint received• Small property valueMAIL THEFT• Flaggers• Felony-level federal offense Hess 14-9
  10. 10. Types of Larceny/TheftRETAIL SHRINKAGE• Employee theft• Shoplifting• Organized retail crimeJEWELRY THEFT• Because jewel thieves operate interstate, the FBI becomes involved Hess 14-10
  11. 11. Types of Larceny/TheftART THEFT• Losses run as high as $6 billion annually• International problemCOINS, METALS AND PAPER MONEY• Obtain exact description of the coins• Gold, copper, silver and aluminum are valuable Hess 14-11
  12. 12. Types of Larceny/TheftAGRICULTURAL THEFT• Timber• Cactus• Livestock• Farm equipment and chemicalsFISH AND WILDLIFE THEFT• Poaching Hess 14-12
  13. 13. Proving the Elements of the CrimeOBTAINING PROOF• Prove that the property is missing• Bills of sale or receipts• Evidence that the owner had custody• Owner can testify to the actual value• Take statements from the owner Hess 14-13
  14. 14. FraudOVERVIEW• General term used for deceit, trickery and cheating• Activity of persons pretending to be what they are not• Often involves use of interstate communications devices• Most types of fraud fall under FBI jurisdiction Hess 14-14
  15. 15. FraudCONFIDENCE GAMES• Money or property is obtained by a trick• Short and long con gameREAL ESTATE AND MORTGAGE FRAUD• Equity skimming• Property flipping• Inflated appraisals Hess 14-15
  16. 16. FraudINSURANCE FRAUD• Premium diversion by agents• Workers’ compensation fraudHEALTH CARE FRAUD• Throughout entire country• Medicare and Medicaid the most visible programs affected Hess 14-16
  17. 17. FraudMASS MARKETING FRAUD• False or deceptive representations to induce victims• Advance fee-type payments to fraud perpetratorsMAIL FRAUD• Perpetuating scams through the mail• Contact the postal inspector Hess 14-17
  18. 18. FraudCOUNTERFEITING• Identification documents• Commercial counterfeitingCHECK FRAUD• Stolen checks• Fraudulent checks• Forgery Hess 14-18
  19. 19. FraudDEBIT AND CREDIT CARD FRAUD• Elements  Possess a debit/credit card obtained by theft or fraud  By which services or goods are obtained  Unauthorized signing of the cardholder’s name Hess 14-19
  20. 20. FraudIDENTITY THEFT• Unauthorized use or attempted use  Credit card  Existing accounts  Personal information  Any combination Hess 14-20
  21. 21. White-Collar CrimeOVERVIEW• Illegal acts characterized by fraud• Also called economic or corporate crime• Perpetrators do not look like criminals• Often highly educated, socially accepted people• Few law enforcement agencies are equipped to investigate white-collar crime Hess 14-21
  22. 22. White-Collar CrimeCORPORATE FRAUD• Highest priority of FBI’s financial crimes section• Falsification of financial information• Many cases involve securities and commodities• Enron scandal Hess 14-22
  23. 23. White-Collar CrimeMONEY LAUNDERING• Two-pronged FBI approach  Prong 1  Investigating underlying criminal activity  Prong 2  Conducting parallel financial investigation  Uncovering the financial infrastructure  Discerning how it flows Hess 14-23
  24. 24. White-Collar CrimeEMBEZZLEMENT• By a person to whom it has been entrusted• Fraudulent appropriationENVIRONMENTAL CRIME• Numerous laws• Often considered a civil matter• Civil regulatory agencies Hess 14-24
  25. 25. A Final Note about JurisdictionFACTORS• Monetary value of the loss• Amounts of these thresholds vary with the crime• FBI’s national security and criminal priorities• INTERPOL Hess 14-25
  26. 26. Summary• Larceny/theft is the unlawful taking, carrying, leading or driving away of property from another’s possession• Larceny is synonymous with theft• Fraud is intentional deception to cause a person to give up property or some lawful right• Main problem in investigating environmental crimes is that they are often considered a civil matter Hess 14-26

×