Crime Vs White Collar Crime

1231 Words5 Pages

Many people don’t recognize white collar crime as a crime. For some reason, they do not think white Collar crime as illegal. As it is a non-violent crime and have no direct damage to people. Even if white collar crime is non-violent crime, it affects a lot to consumers, corporate, and economy. Nevertheless, unlike its recognition white collar crime deals with the money, white collar crime affect a lot to society. White collar crime are criminal acts that are enacted by people during the course of business committed for their financial profits. White collar crime is known to be committed by business professionals and governors but nowadays, it can be committed by anyone regardless of gender, race, and social status (Investopedia.com). There …show more content…

This kinds of crime can evoke anger, sadness from all ages and gender as it is more devastating and has more direct damage to people, it has more impact to society. Compared to Blue collar crime, White collar crime has no direct damage to people and it often has no visual effects. In fact, White collar crime has more impact to society than Blue collar crime that is, Blue collar crime only affects a family or a small group of people, whereas White collar crime has a great ripple effect to numerous people, economy and …show more content…

Since white collar crime is perpetrated by people, it is obvious that it will affect to society. Nowadays, computer techniques are continuously developing and people are more exposed to it. And invasion of privacy are becoming more and more issue to society. Identity theft comes at a great expense to person and their families. It is a fast growing crime in America that 12.1million victims were reported last year and their financial loses are reported 26.3 billion dollar. Most frequently occurred was misusing credit cards(64.1%), bank accounts(35%) and using personal information(14.2%) (Identity theft). As identity fraud usually take place in internet, it is hard to track. So it is important to prevent it from happening. Environmental law violation is another crime that affect society enormously. It takes place whenever a person or corporate didn’t follow the environmental standards of their governments, such as dumping wastes to lake or sea, not installing air purifier at factory (Environmental crime). It poses a great deal of health risks to people who live nearby, also it damages environment that can even not restore. Environmental laws should be reinforced so that no more environmental crime