Question

In: Accounting

What are some of the principal factors that have inhibited local prosecutors from pursuing white collar...

What are some of the principal factors that have inhibited local prosecutors from pursuing white collar crime cases?

When they do pursue such cases, which factors seem to persuade them to do so?

Solutions

Expert Solution

Principle factors that have inhibited local prosecutors from pursuing white collar crimes are as following:

  1. The risks associated with such crimes are relatively higher compare to other cases.
  2. The involvement of relatively influential people in such cases.
  3. The involvement of government personnel makes the matter worse for the local persecutors.
  4. The strict rules and regulations associated with such cases.
  5. The media focus in such cases are extremely high which makes the job of the prosecutor that much more difficult.    
  6. Perceptual attitude.
  7. Gross underestimation of losses.

Factors that pursue the local prosecutors to take up white collar crime cases are as following:

  1. The importance of the case. Often the importance of the case convinces the prosecutor to take up such case.
  2. The pressure from the media.
  3. The chances of winning is relatively high.
  4. Available police resources will make the job of the prosecutor much easier.

Social pressure to take up the case.


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