White Collar And Organized Crimes

Question 0

Organized crime

Answer 0

Illegal activities of people and organizations whose acknowledged purpose is profit through illegitimate business enterprise

Question 1

White collar crime

Answer 1

Illegal acts that may include theft embezzlement fraud market manipulation also known as commercial / business crime or economic offences

Question 2

Enterprise

Answer 2

Taking risks for profit in the marketplace

Question 3

Corporate crime

Answer 3

A legal offence such as a price fixing restraint of trade or hazardous waste dumping committed by a corporate entity ton improve its market share or profitability

Question 4

Chiselling

Answer 4

Regularly cheating an organization it’s customers or both

Question 5

Churning

Answer 5

A form of stockbroker chiselling involving repeated excessive and unnecessary buying and selling of stock

Question 6

Front running

Answer 6

A form of stock broker chiselling in which brokers place personal orders ahead of a large customers order to profit from the market effects of the trade

Question 7

Bucketing

Answer 7

A form of stockbroker chiselling in which brokers skim customer trading profits by falsifying trade information

Question 8

Insider trading

Answer 8

Buying and selling securities based on business information derived from a position of trust and not available to the general public

Question 9

Pilferage

Answer 9

Employee theft of company property

Question 10

Bank fraud

Answer 10

To obtain money or property from a financial institution by false pretences as by forgery or misrepresentation.

Question 11

Restraint of trade

Answer 11

A contract of conspiracy designed to stifle competition create a monopoly artificially maintain prices or otherwise interfere with free marketing competition

Question 12

Price fixing

Answer 12

A conspiracy to set and control the price of a necessary commodity

Question 13

Virus

Answer 13

A computer program that disrupts or destroys existing programs and networks

Question 14

Corporate culture view

Answer 14

The view that some business organizations promote white collar crimes by maintaining a business climate that stresses profit over fair play

Question 15

Self control view

Answer 15

The view that white collar crime, is a product of low self control

Question 16

Compliance strategies

Answer 16

Fostering law conformity cooperation and self policing in the business community through the use of economic incentives and administrative agencies

Question 17

Deterrence strategies

Answer 17

Detecting criminal violations determining who is responsible and penalizing the offenders to deter future violations

Question 18

Mafia

Answer 18

Criminal society tat originate in Sicily Italy and is believed to control racketeering in the us

Question 19

Alien conspiracy theory

Answer 19

Organized crime in the us is controlled by the mafia centrally coordinated by a national committee that settles disputes dictates policy and assigns territory

Question 20

La cosa nostra

Answer 20

A us syndicate of 25 or so Italian dominated crime families who control crime in distinct geographic areas