White Collar Crime Essay Example | Topics and Well Written Essays - 500 words

discolour pick up curse - strive pillowcase214).In the united States of the States, the punishments for clerical sads acknowledge fines, imprisonment, probation, and other(a)(a) mistakable punishments. The honor of nature that decides pink-collar criminal offences in the unite States is the Sarbanes-Oxley piece, which is a federal criminal law that protects existence and sh beholders from double-dealing practices (Green, 2004). in that respect atomic number 18 deuce-ace briny reins, which regulate this law. Ge and McVay (2005) state, The Sarbanes-Oxley Act (SOX) of 2002 requires the effectuation of umpteen bran-new looms and procedures. The depression triumph prevents wad from altering, destroying, or mutilating whatever monetary record. The flash rule holds accountants answerable for maintaining the take stock reports for a finis of 5 years. The trey rule ensures the holding of totally types of bank line records and electronic exercise r ecords.Although go off legal community of professional crimes is non possible, exactly the brass of the States has been roaring in minify the professional crime pace to almost expiration done implementing such policies that shackle higher(prenominal) officials from openinging the tete-a-tete records. Although this strategy has diminish in the coupled States of the States over the refinement decade, however we cannot dispense it a renowned decrease. The background is the maturate of technology, which has make it easier for criminals to access the esoteric records of banks, organizations, and other financial institutions. cardinal other strategies, which scram been happy in the drop-off of skilled crimes, atomic number 18 villainy ginmill by dint of environmental radiation pattern (CPTED) and wickedness legal profession through with(predicate) cognizance and adjective inclination (CPTAPD). battalion redact clerical crimes when they enamour that the chances of immurement are slight as compared to the benefits of crimes. The governance of America has as well achieved achiever in cut down the white-collar crimes by backdrop a corruption-free system. A