Minimal Guilt: Street criminals often experience little to no guilt regarding their actions.
Financial Necessity: A significant influence on their criminal behavior is the urgent need for money.
Neutralization Techniques: These individuals engage in neutralization strategies that allow them to justify their criminal activities.
Accompanied Guilt: Despite the neutralization, guilt tends to accompany the harm they inflict on others.
Current Construction of White-Collar Crime (1 of 2)
Types of White-Collar Crime:
Investment Scams: For example, Ponzi schemes where funds from new investors are used to pay returns to earlier investors.
Insurance Fraud: Deceptive practices in order to claim benefits not entitled.
Tax Evasion: Illegally avoiding paying taxes owed to authorities.
Environmental Crimes: Offenses against regulations that protect the environment, leading to ecological harm.
Reference: Information discussed comes from "Deviance: Social Constructions and Blurred Boundaries 2e, 2024 SAGE Publishing."
Current Construction of White-Collar Crime (2 of 2)
Statistical Black Box:
Fragmented Efforts: There are often disjointed initiatives in studying and addressing white-collar crime.
Journalistic and Legislative Investigations: Various investigative works by journalists and legislative bodies aim to expose such crimes.
Lack of Centralized Data: There is no comprehensive data repository for white-collar crime, complicating research and response efforts.
Reference: Information discussed comes from "Deviance: Social Constructions and Blurred Boundaries 2e, 2024 SAGE Publishing."
Challenges in Researching White-Collar Crime (1 of 2)
Counting Occupational Crime:
Visibility Issues: Occupational crimes are often hard to detect and quantify due to their nature of taking place in business settings rather than visible street crime.
Safeguards for Elites: Systems are in place that protect high-status individuals from being scrutinized to the same degree as lower-status offenders.
Securities Fraud: This type of fraud is prevalent and integral to the functioning of financial markets but is difficult to track and enforce.
Economic Impact: It is estimated that white-collar crime costs the economy approximately 250 ext{ billion per year}.