White-Collar Crimes and Financial Corruptions

Crime, defined as act which is contrary to the law, creates negative influence in the society both economically and spiritually. There are various factors like professional experience as well as biological, psychological and sociological ones that make individuals turn to crime. Edwin Sutherland claim that life experiences and some facts learned from the environment account for occupational crimes in his study on the theory of crime in 1939. White-collar crime, which is perhaps the most important of types of crime in terms of havoc and committed by the superior contrary to common belief, has much more influence than conventional crime. This crime, which inflict significant financial loses and psychological collapse on states, communities, businesses and people, are committed by well-respected professionals in their business. In this study, white collar crimes are examined with conceptual view and detailed. Besides, this study explain this type of crime is so forceful, by giving remarkable examples on economic losses.