A popular saying goes “to err is human” which has been proven true in many instances that human beings are generally fallible. People can be wrong but contrary to many skeptics arguments, their fallibility shows that not only would they be wrong, but can also be right. Being wrong does not only carry the possibility of one being right, but implies that often he/she is. Fallibility is a mark of objectivity as it shows there is no standard other than oneself which determines what is right or wrong. Most people can be wrong in given instances but that does ...
Essays on George Ryan
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White collar crimes are financially motivated and non-violent crimes majorly committed by people of high social status. The term “white collar crime” was coined in 1939 by Edwin Sutherland in his speech to the American Sociological Society.White collar crimes are difficult to detect and prosecute. Perpetrators employ highly sophisticated methods to commit crimes and hide the heinous activities through a chain of complex financial transactions. Punishment for these crimes involve: incarceration, restitution, community service, probation, criminal forfeiture, fines or disgorgement.
Bernie Madoff's $50 Billion Ponzi Scheme-Forbes Magazine
This prominent investor was involved in a Ponzi investment scam with the Madoff’s Hedge Fund. A Ponzi scheme is a fraudulent ...
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