White Collar Crime

                                                               Final Exam

 

 

 

True or False (Highlight your answer). “White collar crime” has been defined as an illegal or unethical act that violates a fiduciary responsibility of public trust.

 

True or False (Highlight your answer). White collar crimes are committed primarily by people of any social or economic status.

 

True or False (Highlight your answer). The “harm” committed by white collar crime typically occurs in close proximity to the commission of the crime.

 

A corporate insider who has knowledge of a white collar crime and reports it is known as a ______________________.

 

Journalists in the early 20^th Century who exposed wrongdoing by the powerful and privileged were known as ____________________________.

 

6 – 8.Three common elements of a white collar crime are __________________,

________________________________  and  ____________________________.

 

9. True or False (Highlight your answer). The monetary losses of a blue collar or street crime equal or exceed the monetary losses of white collar crime.

 

10 – 12.  List three specific types of white collar crime:

                  _____________________________

                  _____________________________

                  _____________________________

 

13 – 16. Corporate violence is usually _________, ___________ in time, committed by a number of _________________ acting collectively and motivated by a desire to _____________________________________.

 

17 – 20. List four examples of health care fraud.

                  _____________________________

                  _____________________________

                  _____________________________

                  _____________________________

 

21 - 22. List two methods used to obtain fraudulent student loans.

                  _____________________________

                  _____________________________

 

23. The fraudulent practice engaged in by Bernard Madoff is known as a _____________ scheme.

 

24 – 25. Two ways in which lawyers commit white collar crimes are ____________ and _____________________.

 

26. The break-in of the Democratic National Committee in 1972 and its subsequent cover-up has come to be known as ___________________.

 

 

27. When a government engages in the systematic killing of people who belong to a particular social, political or cultural group it is known as __________________.

 

28. In the late 1970’s, the FBI set up a false company that offered bribes to members of Congress. This scandal became known as ___________________.

 

29. Individuals who possess privileged information and then use it to their advantage are said to be engaged in ________________________.

 

30. In the United States, in order for a corporation to be held criminally liable for an act, the act must be committed or condoned by a _________________________ of the corporation.

 

31. True or False (Highlight your answer). Politics does not play a role in the investigation or prosecution of white collar crime by regulatory agencies.

 

32 – 33. Name two federal regulatory agencies responsible for investigating white collar crimes.

                  _____________________________

                  _____________________________