White Collar Crime explores the hidden world of financial offenses, revealing how crimes like securities fraud, embezzlement, and corporate misconduct undermine trust and destabilize financial systems. The book uniquely highlights the systemic nature of these crimes, going beyond individual perpetrators to examine the institutional failures that allow them to flourish. One intriguing fact is that the cumulative financial impact of white-collar crime often exceeds that of violent crimes, yet it receives less attention. Another is the way seemingly innocuous accounting practices can be manipulated to devastating effect. The book takes a comprehensive approach, presenting in plain English an accessible overview of financial systems and offering real case studies, legal analysis, and interviews with prosecutors and victims.
It's structured in three parts that guide the reader from foundational concepts to specific case analyses, and ultimately to understanding the consequences and potential solutions. The goal is to provide investors, policymakers, and anyone interested in understanding the hidden dangers of the financial world with a deeper understanding of the causes, consequences, and potential solutions to this pervasive problem, emphasizing the importance of corporate governance and ethical leadership.
