Essay - Occupational vs. Corporate Crime Occupational Crime Occurs When an Individual...

Occupational vs. Corporate Crime

Occupational crime occurs when an individual uses his or her occupation as an opportunity to commit a *****. Some examples of occupational crime might be the nurse who steals pharmaceuticals from the hospital, either for personal use or to sell. C*****porate crime, on the o*****r hand, is committed by a group of people within a corporation acting on behalf of the corporati*****. The ********** committing the corporate ***** will be charged if caught. Very *****ten corporate crime leads to personal gain, but ***** company as a *****le ********** profits.

An example of ***** crime committed by an individual might be embezzlement. In 2003, the former President of ***** Washington Teachers Union, Barbara A. Bullock, plead guilty to embezzlement after she skimmed over $2.5 million from the union while ***** was president. She bought personal items with ***** money (Cella, PAGE).

Bullock acted solely for her own benefit in committ*****g this *****. The teacher's union benefited in no way and in fact was harmed ***** her action. Her crime ***** against the entity she worked *****. The article suggests that others may also have committed some kind of criminal acts (Cella, *****), ***** ***** they did, they were not acting to benefit the teacher's union. Bullock stole a tremendous amount of *****, but she ***** it directly from the ***** by using checks and laundering *****m outside the union. ***** person who laundered the checks split the profits ***** Bullock (*****, PAGE).

By comparison, individuals ***** the Enron Corporation conspired to commit corporate fraud. Andrew Fas*****w, was charged in 2002 with being the mastermind behind an elaborate series of crimes designed to defraud Enron's investors (Hill, PAGE). The arrest and prosecution of Fastow ***** just part of a larger investigation into widespread corruption within the management ***** Enron. Others under investigation included Enron's Chief Executive Officer (CEO) Jeffrey Skilling and the founder of the ***** as well as ***** founder and previous *****, Kenneth L. Lay (Hill, *****). A wide variety ***** deals were brokered on behalf of ENRON. While the Board of Directors approved these *****, ***** were planned ***** *****, who is alleged to have lied to the board in order ***** get their agreement to the deals (Hill, PAGE).

At ***** time ***** this article, both Skilling and Lay claimed that Fastow ***** on his ***** for his own benefit *****ly, which if true would make *****'s alledged crime occupational, not *****. Fastow moved certain projects around so they would gain favorable tax status, ***** increased ENRON's profit. Fastow then gained financially from the increased profit, but he got that increased ***** by acting as an officer of ENRON, not as an individual. That is t***** significan***** difference between Fastow and Bullock: ***** acted as an individual, and Fastow used ***** position as a corpor*****te officer to maneuver company business, and eventually profited as the ********** made more money. ***** addition, F*****tow involved friends and family within the ENRON Corporation to participate in *****se