Corporate crime refers to the misconducts committed by a company or individuals acting on behalf of a business entity. When the issue of crime features, humans as a whole tend to focus on the violent ones and often overlook a crime in the act of outright violence. Society tends to tune out or ignore the corporate for several reasons (Mars, 2018). The offense mostly involves a nexus operating within the larger organizations and therefore finding the perpetrator is challenging. Secondly, the crime is committed by individuals who features as the best role models in society. Ideally, the society considers the role models as having much and never expects them to risk breaking the law; hence the astonishment upon detection makes people overlook them.
Almost all fields experience white collar crimes. In medicine and health care delivery, health care fraud is the most experienced (Mars, 2018). The standard type during marketing, advertising and sales are billing for services at a cost higher than the market price, convincing patients to undertake unnecessary treatments and tests. Also, exaggeration of the illness consequences aiming to justify coding and referral is common. For instance, recently the FBI examined 90 individuals comprising of licensed medical professionals, nurses and general practitioner, later charged for alleged engagement in a scheme involving US$430 million in fabricated billing.
Although the white collar crimes characterize deceit and lacking the application of violence, these type of crime is severe than other crimes (Payne, 2018). The motive behind the scam is to obtain or avoid losing money for business or personal advantage which in effect devastate families through wiping life savings. Also, it can cost investors or destroy an entity.
Mars, G. (Ed.). (2018). Occupational crime. Routledge.
Payne, B. K. (2018). White-Collar Cybercrime: White-Collar Crime, Cybercrime, or Both. Criminology, Crim. Just. L & Soc’y, 19, 16.