Corporate Crime Is Not Like Burglary Term Paper

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Corporate crime is (is not) like burglary. Corporate crime is like burglary. Both crimes are about the taking of property to satisfy personal greed. Both types of crime involve using stealth to avoid attracting attention during the commission of the crime. Both often involve the use of deception to make the criminal activity appear legitimate to an observer. Both crimes often involve abusing a position of trust, such as accountant, or maid. Corporate crime and burglary differ in the details of how the crime is committed, but the essence is the same: theft. The essential difference between the crimes is that of scale. Burglary affects one victim at a time, on a limited scale. Corporate crime almost always involves numerous victims at a time, and a significantly higher property value than burglary does. Corporate crime is also much harder for prosecutors to prosecute than burglary. It is less well-defined than burglary, as corporate regulations can be complicated and ambiguous. There are also many opportunities for corporate criminals to engage in quasi-legal crimes by moving their illegal activities to jurisdictions with liberal laws or corrupt governments that can be easily bribed. In spite of the differences, corporate crime and burglary are usually more similar than different.

Corporate criminals and burglars usually commit their crimes for personal gain at the expense of others. Falsifying income reports in order to make a stock more attractive to investors and artificially inflate its value deprives the investors of money, just as picking the locks on their houses and stealing jewelry does. The theft does not appear as obvious or direct to the casual observer, but the value of an artificially inflated stock will eventually drop, resulting in losses for all investors. The type of person who would steal a television from a home and sell it on the black market is the same type of person who, given a different background and education would hire illegal immigrants for less than minimum wage in order to save money and increase profits. Burglars use stealth to avoid detection. Skilled burglars usually have a multitude...

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Corporate criminals also hide their activities, for example, hiding illicit profits in Swiss bank accounts, which are hidden from government auditors.
Both kinds of crime often involve using stealth to make the criminal activity look legitimate. Sophisticated burglars often disguise themselves as repairmen, moving companies or other professionals who would have reason to be entering buildings and taking valuable items with them. The Sugar Land, Texas police department is looking for information about a burglar who pretends to be a computer repairman, enters business and removes laptop computers to "repair" them. (SUGAR LAND...) Most businesses do not expect laptop computer repairs to involve sale on the black market. This burglar's methods are not all that different from Halliburton's theft of money from the United States government. Halliburton had the trust of the government when it overcharged the military for food and oil. The theft was carried out through providing misleading information in order to make the charges appear legitimate. Corporate criminals frequently disguise their criminals activities as legitimate business practices. Enron had independent auditor Arthur Anderson sign off on its fraudulent accounting practices in order to make them appear legitimate to investors and regulators. (SimonP, et. al.) The accounting practices were, in fact not legitimate, and were being used to keep stock values artificially high.

Corporate crime usually involves abusing a trusted position for personal gain. Burglars frequently exploit trust relationships between the criminal or his associates and the victim. When there is a relationship, it usually involves the criminal performing some service for the victim in order to gain information to facilitate the burglary. Any occupation that involves entering the homes or businesses of others offers an opportunity to examine properties as targets for burglary. Maids, repairmen and delivery drivers all have trusted positions analogous to those of accountants and…

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Works Cited

Haryanto. "Haryanto's Story." Reports. Nikewatch. Oxfam Community Aid Abroad. January, 2000. http://www.oxfam.org.au/campaigns/nike/reports/haryanto.html

SimonP, et al. "Timeline of the Enron Scandal." Wikipedia. 15 February 2005. http://en.wikipedia.org/wiki/Timeline_of_the_Enron_scandal

"Sugarland Police Need Your Help." Attempted Burglary. Police. City of Sugar Land. http://www.sugarlandtx.gov/content/Police_-_Attempted_Burglary.htm


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