White collar crime

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5 Terms

1
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When was the term white collar crime coined and what was its initial definition?

1949

Crimes committed by the wealthy and powerful in their occupations.

2
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What are the two main types of white collar crime?

Occupational crime: when employees commit crimes for their own gain (e.g. stealing from the cash register)

Corporate crime: When employees commit illegal acts on behalf of their employers

3
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How did Pierce and Tombs expand the definition of corporate crime?

When a business is purposefully negligent in order to benefit itself.

4
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How much more costly was white collar crime found to be compared to street crimes in the US?

10x

5
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What are the 6 subtypes of corporate crime with examples?

Financial (bribery)
Anti-consumer (Tesco horse meat)
Anti-employee (health and safety neglection)
Anti-environment (emission coverups)
state-corporate crime (military industrial complex)
Corporate manslaughter (Grenfell)