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  • Essay / Corporate crime - 2847

    conventional criminals. For example, a person who steals bread from a supermarket to feed their child, if found guilty, will go to prison or have to pay a fine that they cannot afford. However, on the other hand, a person who commits corporate fraud and defrauds millions of pounds when convicted may have to pay a fine. This is usually not a problem for them because they do not commit crimes because they are in the cycle of deprivation. Usually, they commit crimes because of greed. One might ask whether policies and laws are fair when it comes to tackling conventional versus corporate crimes? Again, this brings us back to the question of why such crimes are lightly prosecuted. The sophistication of these crimes makes investigation and prosecution difficult and costly, as they are time-consuming, labor-intensive and financially costly. For example, if a police officer devotes his time to fraud, his overall performance will be considered poor, in terms of costs and benefits. This usually results in these types of crimes being ignored and no one being prosecuted for the offense. Due to the general invisibility of fraud, there is less pressure from politicians or the media on police officers to tackle these crimes. It is for this reason that most police forces do not consider fraud a priority. Additionally, white-collar and corporate crimes are generally under-prosecuted because politicians don't want to shine a light on them. They therefore receive less media attention and are therefore considered less serious and the price paid for capitalism. Pearce and Tombs (1993) in their explanation of the disastrous release of toxic gases from the carbide factory in Bhopal, India, in 1984, claimed the p...... middle of paper ......w and also in comparison with conventional crime. Because crime surveys and victim surveys do not provide a clear and complete picture of the true scale of crime. Police officers must develop and become skilled computer experts to stay one step ahead of corporate criminals in the technological and computer age where illicit activities occur on a larger (global) scale and not just at the local level. It can be concluded that this debate on why white collar and corporate crimes are rarely prosecuted compared to conventional crimes will not stop there, but it is believed that due to technological advancements, crimes White collar and corporate crimes will be on the rise, so the government needs to develop policies and create harsher penalties in order to prevent and deter any business from committing these offenses in the near future.