NCJ Number
16068
Journal
American Criminal Law Review Volume: 11 Issue: 4 Dated: (SUMMER 1973) Pages: 959-988
Date Published
1973
Length
30 pages
Annotation
HOLDS THAT INVESTIGATIONS, CONVICTIONS, AND SENTENCING OF CON MEN, PUBLIC OFFICIALS AND BUSINESSMEN IS NOT COMMENSURATE WITH THE EXTENT AND SERIOUSNESS OF THE ECONOMIC CRIMES IN WHICH THEY ARE INVOLVED.
Abstract
IT IS HELD THAT PROSECUTING WHITE-COLLAR CRIME AT THE PREVAILING LEVEL AND FASHION WILL NOT EFFECT REFORM OR ESTABLISH A BELIEVABLE THREAT LEADING TO DETERRENCE. A MASSIVE INFUSION OF INVESTIGATIVE AND PROSECUTIVE RESOURCES PROPORTIONATE TO THE PROBLEM IS RECOMMENDED. A REVISION OF FRAUD AND CORRUPTION STATUTES TO PROVIDE FOR THE POSSIBILITY OF SUBSTANTIALLY INCREASED FINES AND PRISON SENTENCES IN SERIOUS CASES IS URGED. IT IS FURTHER PROPOSED THAT A MAJOR EDUCATION EFFORT BE DIRECTED AT JUDGES, PROSECUTORS, INVESTIGATORS, AND LEGISLATORS TO MAKE CLEAR TO THEM THE VITAL ROLE EACH MUST PLAY IN STEMMING WHITE COLLAR CRIME. SUGGESTIONS FOR UNDERCOVER INVESTIGATIVE METHODS FOR PARTICULAR TARGET CRIMES ARE INCLUDED.