AC1.1 - UPDATED
- Created by: zara vyas
- Created on: 30-11-22 11:53
View mindmap
- AC1.1- white collar
- professional
- definition: crimes committed by a person from a professional position who has abused their trust that has been obtained by their status
- victim: seen as victimless but potential victims could be - consumers (false advertising) , tax payer, employees, the general public
- offenders: Embroker - 3/4 white collar criminal offenders are white males and 49% have a uni degree
- victims:(DBT and Partners - money lost to fraud per year £10 bill for individuals £140 bill for priv sector £40 bill for public sector)
- offender: well off/well educated business men and corporate people
- criminal offences: embezzlement , tax evasion, credit card fraud, money laundering, polluting the enviro
- level of public awareness: very little to none
- both criminal and deviant
- unreported: DBT and Partners - estimated that up to 90% of white collar crimes go unreported
- unreported- fear, lack of knowledge, complexity of crime, lack of public interest
- laws: less elaborate fraud schemes get 6months- 2 years or a heavy fine
- RLE: Robert Stagg a letting agent stole £142,000 from numerous clients who were trying to pay their landlord but he pocketed the money instead - has to pay £35,00 back to the clients or face 2y imprisonment
- organised
- definition: crimes that have been planned and controlled by powerful groups
- victim: seen as victimless but potential victims could be - consumers (false advertising) , tax payer, employees, the general public
- offenders: DBT and Partners - more women commit embezzlement than men but men do it with higher amounts of money, gangs
- victim: (DBT and Partners - money lost to fraud per year £10 bill for individuals £140 bill for priv sector £40 bill for public sector)
- offender: well off/well educated business men and corporate people
- criminal offences: embezzlement , tax evasion, credit card fraud, money laundering, polluting the enviro, drug trafficking
- level of public awareness: very little to none
- both criminal and deviant
- unreported: DBT and Partners - estimated that up to 90% of white collar crimes go unreported
- unreported- fear, lack of knowledge, complexity of crime, lack of public interest
- laws: for planned fraud 2-7 years imprisonment
- RLE: 2010, Wachovia bank allowed Mexican cartel to launder about $390 bill over 3 years- bank fined $160 mill
- corporate
- definition: when a crime has been committed by the company or in favour of the company
- victim: seen as victimless but potential victims could be - consumers (false advertising) , tax payer, employees, the general public
- offenders: counterpart - 20% of white collar crimes are done by business executives
- victim: (DBT and Partners - money lost to fraud per year £10 bill for individuals £140 bill for priv sector £40 bill for public sector)
- offender: well off/well educated business men and corporate people
- criminal offences: embezzlement , tax evasion, credit card fraud, money laundering, polluting the enviro
- level of public awareness: very little to none
- both criminal and deviant
- unreported: DBT and Partners - estimated that up to 90% of white collar crimes go unreported
- unreported- fear, lack of knowledge, complexity of crime, lack of public interest
- laws: less elaborate fraud schemes get 6months- 2 years or a heavy fine or for planned fraud 2-7 years imprisonment
- RLE: 2005, American international group , insurance firm CEO -Hank Greenberg guilty of sock market manipulation and acoountcy fraud of $4 bill /AIG forced to pay $1.6 bill fine to SEC
- ES: define/ criminal offences/ apply to brief /offenders and victims(stats) /RLE/ level of public awareness/ unreported (stats)/ criminal/ deviant /laws
- professional
Comments
No comments have yet been made