Midterm 2 Flashcards
Economic Crime
Property
Fraud
Offense related to currency
Presenting and trafficking of illegal goods
“babe ruth” of white collar crime?
Charles Ponzi (1920)
Ponzi scheme
- pay oldest investors with money from new investors
- perhaps stolen from brooklyn bookkeeper william miller
- investors reportedly lost $20mil. equivalent to $225mil in 2011
- died on poverty
Modern monster
Bernie Madoff (2009)
- former chair of NASDAQ stock exchange
- used ponzi scheme, largest frauds in US history, $64bil
- invested 19bil in him, involved family
White-collar psychopath
those involved in white-collar crime had lower scores on lifestyle criminality but higher on some measures of psychopathology traits
B-scan 360
uses rating made by others to measure psychopathic traits in the workplace
preliminary research supports a four-factor model consistent with the PCl-R four factor model
B-scan self
self-report measure of corporate psychopathy
replicated four-factor model
facets consistent with other measures of self-reported psychopathy (SRP - 111); positively correlated with dark triad and negatively correlate with the FFM agreeableness and conscientiousness
Institutionalized fraud
- projected profit lines on future imaginary investments
- executives and trades funneling millions to themselves while company investments tanked
- lied to the world and their staff
- employees left pensionless
Kenneth Lay - 45yrs for securities and wire fraud
Elizabeth Holmes guilty of fraud
CEO of biotech company
Stanford chemical eng dropput
youngest female self-made billionaire
why join a gang?
Social identity theory
Social learning theory
what do they gain?
- camaraderie
- opportunity
- status or power
- financial gain
Big four 1%
- the hells angels
- the outlaws
- the bandidos
- the pagans
the hells angels
- founded march 1948, bishop family, war immigrants in cali
- ride harley
- AKA “HA” “red & white” “81”
- patches akin to military medals
- 256 chapters; 65 US, 191 in 27 other countries
The pagans
- founded 1959, prince george maryland
- blue denim jackets
- 13 US north east
- most secretive
- ties to italian mafia
- rivals to HA
- violent in 60s - 70s
- most active drug trafficking
The outlaws
formed in mcCook illinois 1935 (AOA)
- limited in WW2
1950s logo - skull with crossed pistons
- rivals HA (ADIOS)
- 80 chapters in 20 states and 116 chapters in 14 countires
The bandidos
formed 1966 huston texas
- 5000 members, 210 chapters 22 countries
- rivals HA
Canada: rock machine montreal merged with bandidos 2000s, turf war against HA
Biker criminality
Spontaneous expressive acts
planned aggressive acts
short-term instrumental acts
ongoing instrumental enterprises
Frequencies of crime Big four
Outlaws - 347
HA - 209
Bandidos - 50
pagans - 25
Bandidos Shedden Ontario Massacre 2006
8 men murdered (6 full patched bandido members) found 4 vehicles in farmer fields
killed by other bandidos in assassination style
internal cleansing
OMG affiliation and crime
few differences between bikers and non bikers prior to the PID
OMG affiliations leads to an overall increase in criminal involvement specifically in property, drug and weapon crimes
Aranakan & Kunlangeta
Aranakan - a person who always goes his own way regardless of others, who is uncooperative, full if malice and bullheaded
Kunlangeta - knows what to do but doesn’t. repeatedly lies, steals, cheats, and rapes
Philippe Pinel
- first personality disorder recognized by psychiatry
- manie sans delire (madness without delirium). those who are impulsive and violent
- profound deficits in emotion but no apparent reasoning/intellectual dysfunction
- condition associated with amorality rather than psychosis
The Mask of Sanity - Hervey Cleckley
- first detailed clinical descriptions
- postulated that psychopaths exude a thin veneer of normality and do not appear to be overtly psychotic or mentally disordered
- metaphor of electricity conductors
PCL (psychopathy checklist)
Operationalized in a research scale for assessing
- measuring a constellation of emotional, interpersonal and behavioural characteristics