Skip to main content
UploadLanguage (EN)Support
BusinessMobileSocial MediaMarketingTechnologyArt & PhotosCareerDesignEducationPresentations & Public SpeakingGovernment & NonprofitHealthcareInternetLawLeadership & ManagementAutomotiveEngineeringSoftwareRecruiting & HRRetailSalesServicesScienceSmall Business & EntrepreneurshipFoodEnvironmentEconomy & FinanceData & AnalyticsInvestor RelationsSportsSpiritualNews & PoliticsTravelSelf ImprovementReal EstateEntertainment & HumorHealth & MedicineDevices & HardwareLifestyle
Vellore Institute of Technology (VIT), profile picture
Uploaded byVellore Institute of Technology (VIT)
PPTX, PDF3,812 views

White collar crimes

The document defines different types of white-collar and other collar workers based on their occupation. It then discusses white-collar crime, defining it as a nonviolent crime committed by high-status individuals for financial gain. Examples of white-collar crimes include fraud, bribery, and embezzlement. The document also explores reasons for committing white-collar crimes, types of white-collar crimes, and divides them into occupational and organizational categories.

Education◦
Downloaded 64 times
White-Collar Crimes
Types of workers • Black Collar Worker is used to refer to workers in the mining or the oil industry. Sometimes, it is also used to refer to people who are employed in black marketing activities. • Blue Collar Worker is a member of the working class, who performs manual labor and earns an hourly wage. It originates from the popularity that blue color enjoys among manual labourers. • Gold Collar Worker is a newly formed phrase which has been used to describe either young, low-wage workers who invest in conspicuous luxury (often with parental support). It is also used to refer to highly-skilled knowledge people who are highly valuable to the company. Example: Lawyers, doctors, research scientists, etc. • Gray Collar Worker refers to the balance of employed people not classified as white or blue collar. Although grey-collar is something used to describe those who work beyond the age of retirement.
Types of workers • Green Collar Worker is a worker who is employed in the environmental sectors of the economy. Example: People working in alternate energy sources like solar panels, Greenpeace, World Wide Fund for nature etc. • Pink Collar Worker is employed in a job that is traditionally considered to be women’s work and is often low-paid. Example: Librarian, maid, flight attendant, receptionist, secretary, etc. • Scarlet Collar Worker is a term often used to refer to people who work in the pornography industry, especially women entrepreneurs in the field of internet pornography. The color scarlet has traditionally been associated with adultery. • White Collar Worker is a salaried professional, typically referring to general office workers and management. It originates from color of dress shirts worn by professional and clerical workers.
What Is It?? • A white-collar crime is defined as "a crime committed by a person of respectable and high social status in the course of his occupation“. • Fraud, bribery, inside trading, embezzlement, computer crimes, and forgery are all accessible to white-collar employees.
A Brief History • The term was coined by Edward Sutherland in 1939. • He used it to set a line between white-collar crimes and regular street crimes • White-collar crime is generally new and it came about around the time following the Great Depression. • People wanted to gain their money and social status back. Also many people were angry at the economy status and felt they were underpaid. This led to the development of white-collar crime.
• It is typically dealt with in terms of civil law instead of criminal law. • Civil law refers to general regulations involving economic losses between private parties and criminal law deals with specific laws that define every individual's moral responsibility to society. • It is estimated that the harm done to society by white-collar crime is greater than street crime, yet most people are not concerned about this form of deviance.
Why Is It Committed? • Most people do not start out as criminals. Most white-collar crimes involve normal people who are struggling financially. It is just as common in bigger corporations as stealing is in a poor community. • Greed is another influence on this crime. Many people with high ranking jobs tend to desire wealth and will do anything to obtain it. • Also, more people are beginning to think that committing these crimes is acceptable because they have been around the corruption for long periods of time.
Why Is It Committed? • Many people get away with white-collar crime more than regular street crimes. It is a fact that almost no police effort goes into stopping it and people are rarely convicted. • People may have power because they have friends in politics, they have money to get the best lawyer, or they usually have friends in the law-enforcement agencies. • When a crime is discovered, suspects usually get a light punishment because violence wasn’t used.
Types of white collar crime • Bank Fraud: • Blackmail: • Bribery: • Cellular Phone Fraud: • Computer fraud: • Counterfeiting: • Credit Card Fraud: • Currency Schemes: • Embezz1ement: • Environmental Schemes: • Extortion: • Forgery: • Health Care Fraud: • Insurance Fraud: • Investment Schemes: • Kickback: • Larceny/Theft: • Money Laundering: • Racketeering: • Securities Fraud: • Welfare Fraud: • Tax Evasion: • Unfair trade practices: • Weights and Measures: • Insider Trading: • Telemarketing Fraud:
2 types 1. Occupational crime which occurs when crimes are committed to promote personal interests. An example would be. altering records. (Ex. Tax evasion) 2. Organizational or corporate crime which occurs when corporate executives commit criminal acts to benefit their company by overcharging or price fixing, false advertising, etc. (Ex. Unfair trade practice)