Articles Analysis Essay on Street Crime and White-Collar Crime

Thesis Statement: recent revelations challenged conventional wisdom and knowledge regarding public insight on the effects of white-collar crimes by revealing perceived greater gravity of the crimes in relation to traditional crime.

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Introduction

The journal article "Is White Collar Crime" Crime?" assert that that professionals and executives commit crimes of unimaginable effects and proportions that affect both the community and society in grave ways and manners. The decisions by the courts across the United States and other parts in the world p[rove that white collar crimes are quite common and eerily detrimental to humanity. The application of legal reasoning proves that white-collar crimes are socially injurious to society, at times more than the traditional crimes that people easily identify. Such types of crimes may affect a group of individuals of a big fraction of society, giving credence to the fact that white-collar crimes have graver effects compared to the traditional crimes.

According to website article, "the Serious Consequences of White Collar Crime Charges" the term white-collar is synonymous to with fraud or criminal activity committed mainly for financial gains. The culprits or the perpetrators in the said criminal acts are often the government of business professionals. Additionally, such acts are never violent but the consequences are far-reaching and may affect many people even for generations depending on the gravity of the acts. The article then lists the type of white-collar crimes. The list includes serious offences such as money laundering, fraudulent trade, falsification of financial information, health care fraud, mortgage fraud, and insider trading. A critical look of the crimes reveals that they constitute some of the serious acts known to man, as they have profound consequences. While traditional crimes such as robbery with violence may sound scary, the dent left by the commission of white-collar crimes is often formidable due to the repercussions and the sheer extent of the consequences.

According to the article "White Collar Crime, retrieved from https://www.hg.org/white-collar-crime.html" white-collar crimes often result into undeserved financial gains often committed using deception. The crimes do not involve violence, drug-related activities, or other overt activities but the consequences are often deep. Most of the times, such kind of crimes are difficult to notice because the perpetrators are professionals who understand the system and know how to circumvent it using expert, but often unscrupulous means. The fact that most of the people involved are professionals and people with great expertise in the field makes such crimes often undetectable and may go on for a long time. The only limitation to the commission of the white-collar crimes is mainly the imagination of the perpetrator, meaning that it could go on for a long time if the culprit has great experience or expertise on the field.

According to the newspaper article "Trust Betrayed: Wives of White-Collar Criminals Tell their Stories. Retrieved from https://www.nytimes.com/2018/03/22/your-money/white-collar-criminals-wives.html" talks of the deep betrayal of trust that the wives of the convicted white-collar criminals undergo. The prevailing notion among the members of the public is that the wives are often complicit in the cat and the public backlash even to the evidently innocent wives is usually immense. In the court of public, the people often view the wives as equally guilty. However, the reality tells of a different situation since the wives are just as deceived, their trust betrayed by the people they loved.

References

Ellin, A. (2018). Trust Betrayed: Wives of White-Collar Criminals Tell their Stories. The New York Times. Retrieved from https://www.nytimes.com/2018/03/22/your-money/white-collar-criminals-wives.html

HG.Org Legal Resources. White Collar Crime. Retrieved from https://www.hg.org/white-collar-crime.html

Sutherland, E. H. (2013). Is" White Collar Crime" Crime?. American sociological review, 10(2), 132-139. Retrieved from http://faculty.washington.edu/matsueda/courses/371/Readings/White%20Collar%20Crime.pdf

The Serious Consequences of White Collar Crime Charges. Retrieved from https://www.arensteinlaw.com/blog/2016/11/the-serious-consequences-of-white-collar-crime-charges.shtml