White-Collar Crime

Is the Trump administration ignoring white-collar crime?

Will President Trump's Justice Department lay off prosecuting white-collar criminals?<p>Nothing like that has been formally announced. But <i>Yahoo …

Government

Nats senator to cross floor on banks probe

Days after revealing his battle with Parkinson's disease, John "Wacka" Williams has vowed not to bow out of federal parliament a hypocrite.<p>The …

Banking

Why white-collar crooks may be cheering this Jeff Sessions memo

Late last week, President Donald Trump’s budget blueprint was released. Among many other headline-grabbing cuts—the EPA, Meals on Wheels, climate …

Government

Walt Green last of all 3 U.S Attorneys in Louisiana to announce resignation

With Monday's announcement that Baton Rouge-based U.S. Attorney Walt Green has resigned, all three Louisiana-based U.S. Attorneys have announced …

New Orleans

US loses focus on white-collar crime, lawyers say

Donald Trump often promises to crack down on violent criminals. But he has not had much to say about the crooks who batter bank accounts rather than …

Fraud

Miami tax fraudsters collected $2.3 million then, prison time now

The trio of Moscova, Obin and Muller pulled in over $2.3 million in tax refunds. You wouldn’t want to go to them for tax advice, however.<p>For one …

Miami

It's Not Greed That Drives White-Collar Crime, Author Says

Why do people with plenty of power and money end up committing fraud, embezzlement and other white-collar crimes?

Fraud

The Psychopath in the C-Suite

The term “white collar crime” was first used in 1939 by the American sociologist Edwin Sutherland. In a speech to the American Sociological Society, Sutherland said that the crime committed by respectable business and professional people is “not ordinarily called crime, and calling it by this name …

Fraud

Senate inquiry to discuss white collar crime

Fraud, bribery and insider trading will be discussed at a senate inquiry into white collar crime held in Melbourne.<p>Public hearings for the senate …

Fraud

'FIFA' hackers guilty of 'mining' $16 million from EA

We tend to think of 'wire fraud' as a white collar crime perpetrated against a banking institution, but in a world with virtual currencies and online marketplace, the reality can be a bit more complex. Take the case of Anthony Clark, a 24-year-old man from Whittier, CA, who was found guilty of a …

Fraud

How Letting Bankers Off the Hook May Have Tipped the Election

There are many facets to the populist, anti-establishment anger that swept Donald J. Trump into the White House in Tuesday’s election. A crucial element fueling the rage, in my view, was this: Not one high-ranking executive at a major financial firm was held to account for the crisis of 2008.<p>As …

Wall Street

Kenya's escalating white-collar crime situation is 'untenable'

Kenya is facing an increased amount of white-collar crime, a situation that’s “untenable,” attorney-general Githu Muigai said.<p>“An unprecedented …

Africa

White-Collar Crime on Increase in Kenya as Hundreds Indicted - Bloomberg

Kenya is facing an increased amount of white-collar crime, a situation that’s “untenable,” Attorney-General Githu Muigai said.<p>“An unprecedented …

Corruption

Kenya Says It’s Seeing More Incidents of White-Collar Crimes - Bloomberg

Kenya is witnessing an increase in the amount of white-collar crime, a situation that’s “untenable,” its Attorney-General Githu Muigai said.<p>“An …

Crime

The Annoying Truth About White-Collar Crime

Crime—particularly violent crime—may be our national obsession. It dominates the news, it’s the subject of popular novels, and it’s all over television, from FX’s The People v. O.J. Simpson to HBO’s The Night Of to Netflix’s Making a Murderer.<p>Our attitude toward white-collar crime is a little …

Fraud

A financial adviser left me $640,000 in debt. Who’s talking for me at the bank review?

Victims of banking scandals are faceless and often blamed. Had we been able to appear at the bank review, we could have told of the devastation these scandals have caused in the lives of thousands of Australians<p>I recall, as a child, accompanying my mother to the bank with its polished wooden …

Crime

The Weed Industry Now Has Its Own White-Collar Crime

The weed industry is getting to know a time-honored tradition of the American business world: corporate fraud.<p>Federal prosecutors in Colorado last …

Fraud

Data Will Help To Track Illegal Employee Activity | Articles | Big Data

When Enron went Bankrupt in 2001, it was found that the company was defrauding customers at almost every level. Subprime mortgage lenders …

Big Data

White Collar Crime, Prosecutorial Discretion, and the Supreme Court

Does the Supreme Court still believe in prosecutorial discretion? A string of cases over the past few years has to make you wonder.<p>Prosecutorial …

Judiciary

Australia 'a soft touch for white collar crime': Labor moves to relaunch foreign bribery inquiry

Labor will move to re-establish a Senate inquiry into corporate bribery following the "shocking allegations" of a Fairfax Media/ABC investigation …

Australia

Why Aren’t Any Bankers in Prison for Causing the Financial Crisis?

Sam Buell, the government’s lead prosecutor in the Enron scandal, explains why convicting white-collar criminals isn’t as straightforward as most people think it should be.<p>If hotheaded online commenters ran the Justice Department, would America's prisons be full of traders responsible for the …

The Big Short

Quoted: The Comfort-Zone Edition

“The classroom has to be the space where everybody comes and is uncomfortable,” <i>—Tressie McMillan Cottom, a sociology professor</i><p>“We thought this would be a way to help them … try to avoid interactions with large whales,” <i>—Mark Baumgartner, a marine ecologist, on placing a whale-tracking buoy in a</i> …

Higher Education

3 Famous White Collar Criminals (And How They Changed Everything)

When I say "millions of dollars" what's the first thing you think of? Is it Scrooge McDuck, hanging out in his vault/pool of gold coins, is it movie stars making a third movie in a series nobody wanted, or is it a career filled with wealth and opportunity that eventually ends in a prison cell? If …

Fraud

Why White Collar Crime Is Here to Stay - Bloomberg

Many who follow the depredations of large corporations share a feeling that U.S. criminal law and its enforcers too often fail to hold these …

Crime

Obsessing About The “Thin Blue Lines” While Elite White-Collar Crime Runs Rampant

The <i>New York Times</i> published a book review entitled “Thin Blue Lines.” The two books reviewed were about street crimes. Based solely on reading the <i>NYT</i> …

Fraud

It’s easy to hate white collar criminals, but it’s surprisingly hard to sentence them

In a Manhattan federal courtroom on June 13, judge Robert Sweet sentenced Owen Li to probation for a fraud that cost investors up to $57 million.<p>The sentence was a jaw-dropper. Sweet had said he intended to send Li—the founder of Canarsie Capital, a unit of the infamous inside trader Raj …

Fraud

NZ egalitarian? That's a pretty little lie

OPINION: Recent news on fraud prosecutions has put a spotlight on the kind of landed-gentry society New Zealand has become.<p>Tax evasion is 33 times …

Social Justice

White collar crime does pay- latest research

21 Jun 2016<p>From Checkpoint, 5:45 pm on 21 June 2016<p>Tax evasion costs the New Zealand economy thirty times more than benefit fraud.<p>To embed this …

New Zealand

What Our Lives Tell Us or Don’t

Our lives are made of stories throughout the years. Some are short others long. Some hurtful others were happy. No matter what stories make out lives.<p>…

Crime

Former Tuscany Gardens owner admits to fraud charges

FARMINGTON — The former owner of Tuscany Gardens Reception Center pleaded guilty to six felony charges related to fraud and identity theft.<p>Anthony …

Fraud