Corporate Crime

Dear Viewer, 

Corporate crime is a very interesting topic, but not fully researched. The Coalition for Peace of America was just introduced to this topic and is in the process of educating ourselves on it. I personally, think that this is a very serious topic because, many of us think that crime is only committed by uneducated and unprivileged people. This topic is proof that business men and women can commit crimes, just as somone, unprivileged as some of us are. I want to hear your opinion on this topic! Send me your opinion to: curry.cpa@gmail.com. 

Sincerely,

Keandre'Curry, CEO & Founder

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What is Corporate crime?

 

In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals that may be identified with a corporation or other business entity
Corporate crime overlaps with:
 
  • white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are employees or professionals of a higher social class;
  • organized crime, because criminals can set up corporations either for the purposes of crime or as vehicles for laundering the proceeds of crime. Organized crime has become a branch of big business and is simply the illegal sector of capital. It has been estimated that, by the middle of the 1990s, the "gross criminal product" of organized crime made it the twentieth richest organization in the world -- richer than 150 sovereign states (Castells 1998: 169). The world’s gross criminal product has been estimated at 20 percent of world trade. (de Brie 2000); and
  • state-corporate crime because, in many contexts, the opportunity to commit crime emerges from the relationship between the corporation and the state.

About, Corporate scandals

 

A corporate scandal is a scandal involving allegations of unethical behavior by people acting within or on behalf of a corporation. A corporate scandal sometimes involves accounting fraud of some sort.
 

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