By Lawrence M. Salinger
Because the first variation of the Encyclopedia of White Collar and company Crime was once produced in 2004, the quantity and severity of those crimes have risen to the extent of calamity, quite a bit in order that many specialists characteristic the near-Depression of 2008 to white-collar malfeasance, particularly crimes of greed and extra via bankers and financial associations. no matter if the perpetrators have been prosecuted or now not, white-collar and company crime got here with regards to collapsing the U.S. financial system. within the 7 years because the first variation used to be produced now we have additionally noticeable the most important Ponzi scheme in historical past (Maddoff), an ecological catastrophe because of British Petroleum and its subcontractors (Gulf Oil Spill), and U.S. safety division contractors working like vigilantes in Iraq (Blackwater).
White-collar criminals were busy, and the Second Edition of this encyclopedia captures what has been occurring within the information and behind the curtain with new articles and updates to prior articles.
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The sum of the settlements reaches $982 million. 1995: Computer hacker Kevin Mitnick is arrested by the Federal Bureau of Investigation. He ultimately confesses to multiple cases of computer and wire fraud and serves five years in prison. 1991: Twenty-five employees are killed in a fire in an Imperial Food Products Incorporated chicken processing plant. The employees are unable to escape the flames because the exit doors are locked for fear of employee theft. S. S. Sentencing Commission that the sentencing disparities for offenses regarding crack cocaine and powder cocaine be reduced.
1906: In response to Upton Sinclair’s concerns about the safety of America’s meat supply, documented in The Jungle, coupled with issues pertaining to the quality of drugs being manufactured and the highly exaggerated claims touted by the producers of health tonics, salves, and potions, Congress enacts the Meat Inspection Act and the Pure Food and Drug Act. The Meat Inspection Act specifies that any meat products sold in interstate commerce are to be inspected by federal regulators, and the Pure Food and Drug Act prohibits the interstate transportation and sale of adulterated food.
He ultimately confesses to multiple cases of computer and wire fraud and serves five years in prison. 1991: Twenty-five employees are killed in a fire in an Imperial Food Products Incorporated chicken processing plant. The employees are unable to escape the flames because the exit doors are locked for fear of employee theft. S. S. Sentencing Commission that the sentencing disparities for offenses regarding crack cocaine and powder cocaine be reduced. 1991: Investment company Solomon Smith Barney’s telecom research analyst Jack Grubman falsifies company reports to make some companies appear healthier than they actually are, causing a number of investors to lose substantial sums of money.
Encyclopedia of White-Collar and Corporate Crime by Lawrence M. Salinger