Ac573 Week 1 Assignment Essay

2597 WordsJul 26, 201111 Pages
Week 1 Assignment – AC573 Trusted Criminals Text #5. Identify the principal agents who expose white collar crime in contemporary society. What factors motivate people to expose such crime, and what factors inhibit them from doing so? What specific policy measures can be adopted to encourage exposure of white collar crime? White collar crime, as a rule, is less visible than conventional crime. A white collar crime, by definition, is a non-violent act involving deception, typically committed by a business person or public official. A criminologist blames economic recession and complex financial system as major reasons for the rising white collar crimes in the U.S. “In huge numbers of cases, people are not aware that they have been victims of white collar crime, for example, subjected to illegally spewed out pollution, or that they have purchased products that are unsafe, or that they have been subjected to corporate price fixing, or to the consequences of commodity speculation, which is believed to be one significant factor in driving up the cost of gasoline at the pump.” “Witnesses” of white collar crime, who often do not realize that a crime has occurred, may be confused about what to do in response to it. And our traditional frontline enforcement agencies are not been organized to monitor and respond to white collar crime. In this case principal gents who handle such cases play an important role in white collar crime. Whistle Blowers: A whistleblower (whistle-blower or whistle blower) is a person who tells the public or someone in authority about alleged dishonest or illegal activities (misconduct) occurring in a government department, a public or private organization, or a company. The alleged misconduct may be classified in many ways; for example, a violation of a law, rule, regulation and/or a direct threat to public interest,

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