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The Financial Impacts of White Collar Crime on the Society Name Institutional Affiliation The Financial Impacts of White Collar Crime on the Society White collar jobs costs approximately 200 billion dollars. This is around 14 times more the amount that blue collar jobs costs the society (Graham 2012). More often than not the blue-collar crimes are always in the spotlight of the society. Debates on how blue collar crime can be prevented are all over the society. On the other hand while focusing at the blue-collar crimes the white color crime has almost been ignored. This is notwithstanding the fact that the white collar crimes yield numerous detrimental effects on the society. While it may not be connected to security issues; which is the major concern with the blue collar crimes the white collar crime results in numerous economic cost to the society and the compromise of corporation and associated financial repercussions. Also through such crimes the position of the poor is worsened. Still white collar crimes cost investors billions of money. Indeed if it not well addressed white collar crime will lead to immeasurable damage to the US economy. References Brand J. (2015). The Far-Reaching Impact of Job Loss and Unemployment. Annual Review Of Sociology 41(1) 359-375. dx.doi.org Graham M. (2012). White Collar Crime and the United States' Economy. Koba M. (2014). How are monthly jobs report compiled? CNBC explains. CNBC. Retrieved 25 March 2018 from www.cnbc.com Rosoff S. M. Pontell H. N. & Tillman R. (2014). Profit without honor: White-collar crime and the looting of America. Segal T. (2018). Enron Scandal: The Fall of a Wall Street Darling. Investopedia. Retrieved 25 March 2018 from www.investopedia.com Simpson S. (2017). The Cost of Unemployment to the Economy. Investopedia. Retrieved 25 March 2018 from www.investopedia.com White-Collar Crime. Federal Bureau of Investigation. Retrieved 25 March 2018 from https://www.fbi.gov/investigate/white-collar-crime [...]
Order Description:
5 pages double spaced. APA format including at least 5 sources
Subject Area: Criminology
Document Type: Reports
