Each year, white collar crime results in losses that range between 300 and 800 billion dollars. Comparatively, other street-level crimes only total 16 billion dollars. Despite the huge cost, we rarely hear about big consequences for corporate offenders. We explore the prevalence of white-collar crime in our country and the systems that allow this corruption to flourish.
- Jennifer Taub, professor of law, Western New England University School of Law, author, Big Dirty Money: The Shocking Injustice and Unseen Cost of White-Collar Crime.
Links for more information:
- Harvard Business Review: White-Collar Crime.
- New York Times: Why Only One Top Banker Went to Jail for the Financial Crisis.
- Washington Monthly: What Joe Biden Could Learn From Abraham Lincoln About White-Collar Crime.
- New York Times: Trump Grants Clemency to Blagojevich, Milken and Kerik.
- Office of Justice Programs.