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In rare cases, white collar crime does lead to death. For example, a company that covers up flaws in its research design and hurries a pharmaceutical product to market knowingly endangers lives. Automobile and toy manufacturers, food producers, biochemists, and farmers are all potentially guilty of white collar crimes that can actually hurt people. With the tremendous amount of political power backing up major corporations, governmental regulations are relatively lax. White collar crimes are aided by a government that is corrupted by lobbying groups, financed by the perpetrators of white collar crimes. In this sense, white collar crime can be viewed as a larger, more sinister version of organized crime syndicates. Organized crime syndicates often hide behind a cloak of legitimate business. Thus, the line between the two is sometimes blurry. White collar crime can deprive millions of people of honest livelihood, and many of the victims will never be reimbursed. The extent of white collar crime is so severe as to ruin whole nations; corruption may be the root cause for financial collapse in many countries (Percy 2002).
White collar crimes warrant punishments that are generally less severe than those meted out to the violent criminal. Life in prison for a white collar criminal means something completely different than a life sentence dolled out for manslaughter, for example. Some federal prisons are so comfortable as to be known better as "camps," with living conditions that are barely akin to punishment. The white collar criminal will also have the best lawyers that can help their clients receive reduced sentences and political grants of clemency. Except in cases in which the white collar case is being tried in the media, the courts...
White collar crime can be so profitable that even a short prison sentence is no deterrent. The people committing the crimes have sufficient wealth, stored in off-shore accounts, to cushion them through tough times.
According to the FBI, property crimes are the most common crimes committed in the United States ("Types of Crime - Murder, Rape, Robbery, Aggravated Assault, Burglary, Larceny-theft, Motor Vehicle Theft" nd). However, high-profile cases like Enron are showing that "corporate and governmental officials regularly commit crimes that are as destructive to society as those of violent blue-collar criminals," (Percy 2002). White collar crime must be taken more seriously, and treated as the tremendous civil threat that it is.
References
Federal Bureau of Investigation (2010). White collar crime. United States Department of Justice. Retrieved April 10, 2010 from http://www.fbi.gov/whitecollarcrime.htm
National Check Fraud Center (2006). Types and schemes of white collar crime. Retrieved April 10, 2010 from http://www.ckfraud.org/whitecollar.html
Percy, K. (2002). Fighting Corporate and Government Wrongdoing: A Research Guide to International and U.S. Federal Laws on White-Collar. Retrieved April 10, 2010 from http://www.llrx.com/features/whitecollarcrime.htm
"Types of Crime - Murder, Rape, Robbery, Aggravated Assault, Burglary, Larceny-theft, Motor Vehicle Theft," (nd). Library Index. Retrieved April 10, 2010 from http://www.libraryindex.com/pages/13/Types-Crime.html
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