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You will prepare and submit a term paper on Differentiation Between White Collar and Street Crimes. Your paper should be a minimum of 1500 words in length.
You will prepare and submit a term paper on Differentiation Between White Collar and Street Crimes. Your paper should be a minimum of 1500 words in length. The definition of white-collar crime differs by occupation. However, white collar crime employs certain characteristics. In many cases of white-collar crime, the main motivation of the crime is financial gain. Often, this is done through fraudulent acts. The Federal Bureau of Investigation defines white collar crime as being “characterized by deceit, concealment or violation of trust and not dependent upon the application or threat of physical force or violence” (FBI, 2009, pp. 1). White collar crime can easily be done discretely. Many times other individuals working in the same office may have no idea a crime is being committed. Yet in comparison to street crime white collar crime differs in the implementation of the crime. Many street crimes can be committed by individuals with no prior knowledge or experience of the crime. However, white collar crime is more complicated in the implementation. Few individuals readily know how to steal an individual’s identity online. Moreover, this form of crime takes a plan and the relevant knowledge in order to succeed. Few people understand the main differentiation between white collar crime and street crime. Street crime in some circumstances may further involve white-collar crime. This was best seen in regard to organized crime. Organized crime was notorious for racketeering and embezzlement. Moreover, many individuals involved with organized crime frequently committed tax fraud in regard to not declaring their assets. Yet organized crime often focused on financial gains did employ characteristics of street crimes. This concept is best viewed in regard to mafia ‘hits.’ Individuals that failed to pay their dues to organized criminals were punished with torture and often death as a means of compensation. Yet white collar crime may be perceived as easier to commit than street crimes.