Book Review: White Collar Crime
Two authors with extensive academic and operational experience in criminal investigations delve into the subject of white collar crime in An Introduction to Corporate and White Collar Crime. The book is well written and logically organized using current information, and it is targeted primarily to public-sector interests.
The authors examine definitions of white collar crime, looking at offender-based and offense-based definitions though a historical perspective. They describe specific examples, such as mortgage fraud, insurance fraud, and healthcare fraud. An extensive section on SEC fraud and the ethics involved includes pertinent laws and historical events relating to securities and banking.
Sociological and psychological theories on what causes white collar crime and its impact on society are worthy of attention. Other topics include organized crime, public officials, and sanctions for the white collar criminal.
Each chapter concludes with a summary, and most chapters have review questions. There is no separate bibliography, but specific citations are present for reference. Its “Useful Links” provide e-mail addresses for further information. The book is primarily a textbook; however, it would be of value to anyone interested in the subject in both public and private sectors. It is highly recommended.
Reviewer: Adrian A. Barnie, CPP, CFE (Certified Fraud Examiner), CAMS (Certified Anti-Money Laundering Specialist), is a contract senior investigator with the U.S. Attorney’s Office in Cleveland, Ohio. He is a member of ASIS International.