1. White collar crimes

2. White Collar Crimes
"White collar crime" can describe a wide variety of crimes, but they all typically involve crime committed through deceit and motivated by financial gain.
The most common white collar crimes are various types of fraud, embezzlement, tax evasion and money laundering.
Often thought of as “Victimless” crimes

3. Fraud
Fraud is a general type of crime which generally involves deceiving someone for monetary gain.
One common type of white collar fraud is securities fraud.

4. Identity Fraud
Using a variety of methods, criminals steal credit card numbers, driver's license numbers, social security numbers, ATM cards, telephone calling cards and other key pieces of individuals' identities.
They use this information to impersonate their victims, spending as much money as they can in as short a time as possible.
Maximum penalty of 15 years and fines

5. Securities Fraud
Securities Fraud: a person or company (like a stockbroker or brokerage firm) misrepresents information that investors use to make decisions
Punishment:
Fines range from $10,000 to $5 million
Incarceration in local prison or, if large enough fraud, 5 or more years in federal prison
Probation for 5 or more years
Restitution: repayment of money lost in crime

6. Forgery
The process of making, adapting, or imitating something with the intent to deceive with the purpose of earning a profit by selling the forged item, or altering public perception.
Sentencing
The maximum for felony forgery is three years, but varies from case to case.
Some may be given probation, depends on the case.

7. Money Laundering
Money laundering is a term used to describe a scheme in which criminals try to disguise the identity, original ownership, and destination of money that they have obtained through criminal conduct. The punishment for this would be rigorous imprisonment from three years to seven years.
Example:
Illegal gambling, and drug trafficking

8. Tax Evasion Definition- the illegal nonpayment or underpayment of tax
Penalty- A criminal convicted of tax evasion will be guilty of a felony. They will also be imprisoned no more than 5 years
Activities include:
Underreporting income
Inflating deductions or expenses
Hiding money
Hiding interest in offshore accounts

9. Cyber Crime
Criminal activities carried out by means of computers or the internet
Perpetrators can be sentenced no time to 20 years in prison
Examples
Black market workers
Stealing personal information
Hacking/Spying
Disabling hospitals, banks, and services

10. Credit Card Fraud
Definition: a form of identity theft that involves an unauthorized taking of another’s credit card information for the purpose of charging purchases to the account or removing funds from it
Prison Sentence:
Minor Offense: Maximum fine of $1,000 and a sentence of up to 1 year in jail
As the value of property received increases, so does the penalty
Maximum fine of $25,000 and a sentence of up to 15 years in jail

11. Types of white collar crimes
Securities Fraud
Tax Evasion
Money Laundering
Identity Fraud

12. Mob Related Crimes Al Capone Henry Hill John Gotti Mickey Cohen
Lucky Luciano
Carlo Gambino
Frank Costello

13. In groups of two, you will be researching and creating a brief PowerPoint presentations on both a white collar crime (I will assign them), and a mobster/the crimes they commit

14. Tony “Big Tuna” Accardo
Accardo came to infamy as a hitman for Al Capone who allegedly participated in the Valentine's Day Massacre. Never convicted of his crimes, Accardo denied any ties to the mob until his death in 1992.
CRIME: Hitman: a person who is paid to kill someone, especially for a criminal or political organization.

15. Mickey Cohen Was a boxer as a teenager
He was born into an Orthodox Jewish family living in the Jewish Brownsville section of Brooklyn.
Was a boxer as a teenager
Cohen went to Chicago, where he ran a gambling operation for the Chicago Outfit, Al Capone's powerful criminal organization.
Crimes: Cohen was convicted of tax evasion and was sentenced to four years in federal prison in 1951.

16. John Gotti
Italian-American gangster who became boss of the Gambino crime family in New York City. Gotti and his brothers grew up in poverty and turned to a life of crime at an early age
CRIMES:
Hijacking and sentenced to 3 years in prison
Murder (1973)
Gave Names and Charged with attempted manslaughter and sentenced to 4 years in prison
Federal indictments for racketeering (Offering Dishonest Service)
- Gambling, Drug Trafficking, Extortion, and stock fraud
- Life in Prison and then died in the federal prison hospital in 2002

17. Henry Hill
June 11, June 12, 2012
Weaseled his way into the mafia
Used prison contacts to transfer cocaine from Brooklyn to Pittsburgh
CRIME- Drug trafficking - global illicit trade involving the cultivation, manufacture and sale of substances which are subject to drug prohibition laws
Made between $15,000 and $40,000 a week
Book and movie based off of his life called “Goodfella’s”
Made $550,000
Was kicked out of Witness Protection

18. Al Capone Born in 1899 in Brooklyn, New York
American mobster, crime boss, and businessman
Most infamous gangster in American History
Also involved in prostitution and gambling
Responsible for many acts of violence mainly against other gangsters
Most famous of these were the St.Valentine’s Day Massacre
Finally brought to justice for income tax evasion
Illegal underpayment or nonpayment of taxes
This is the only thing he was charged with

19. Frank “The Prime Minister” Costello
Tax Evasion
a person, organization or corporation intentionally avoids paying his true tax liability
Embezzlement
theft or misappropriation of funds placed in one's trust or belonging to one's employer.
Gambling Enterprise
Set up thousands of slots throughout New York
Managed bookie operation

20. Carlo Gambino Crimes Illegal gambling Narcotics trafficking
Hijacking: taking over a vehicle and using it for a different purpose than what it was intended
Orchestrated murder
Conspiracy to commit murder: an agreement between people to commit murder
Ran illegal liquor (during prohibition)
Hitman: a person hired to kill someone or commit a major crime
Abduction and murder