Credit Card Fraud And Money Laundering - 2028 Words

Running head: CREDIT CARD FRAUD MONEY LAUNDERING 1 White Collar Crime: Credit Card Fraud and Money Laundering Datuawn Frazier Lillian Esedebe Morrisville State College CREDIT CARD FRAUD MONEY LAUNDERING 2 Abstract In this paper we will be exploring white collar crime and specifically credit card fraud and money laundering. We will be discussing what exactly credit card fraud entails and how it takes places explaining the different methods of how criminals can steal your information ranging from skimming to hacking into some ones iCloud. We will also be giving examples of to protect yourself from becoming a victim of credit card fraud and how to avoid traps that thieves set to steal your information as well as what steps to take once you became a victim of credit card fraud. In reference to money Laundering we will the complex process of how criminals launder money and make illegally profits seem legit and how it is. In this paper we will explain some famous criminal cases that involve credit card fraud. Also we will discuss how identity theft coincides with credit card fraud. CREDIT CARD FRAUD MONEY LAUNDERING 3 White Collar Crime: Credit Card Fraud and Money Laundering In 1939 sociologist Edwin Sutherland defined white collar crime as a financially motivated crime committed by a person of high social status today the FBI defines white collar crime as crimes that encompass a variety of nonviolent crimesShow MoreRelatedBank Fraud956 Words   |  4 PagesBank fraud is a crime that has been around as long as banks themselves. Anytime there is a large amount of money floating around, there are going to be people trying to figure out ways to get to it. In the United States, and most other developed countries, bank fraud is a serious problem that causes billions of dollars in damages every year, and is considered a federal offense. In China bank fraud is even punishable by death. Bank fraud is defined as attempting to wrongfully take money or propertyRead MoreThe First Security Bank ( Fsb ) Of Malta, Montana Fall Victim896 Words   |  4 Pages The First Security Bank (FSB) of Malta, Montana fall victim to a crime of credit card fraud, money laundering, and embezzlement. The crime stared a small city in Montano with a couple thousand, who was startled from the crime. The vice president of operation of the bank was a pillar of the community and the suspect of the bank’s crime. The scheme was committed over a long period of time. This crime weakens the foundation of the bank and possible may run it out of business. The committee was inRead MoreThe Corruption Of White Collared Crime2280 Words   |  10 Pagesindividual always has a potential risk of encountering fraud within their money supply. On average, fraud and abuse costs U.S. organizations more than $400 billion annually (Federal Bureau Investigation, 2010). Many may think that white collared crime is only money laundering or stealing, but that is only two out of the sum that countless culprits get away with. The term â€Å"white-collar crime,† originally coined in 1939 is synonymous with the full range of frauds committed by business and government professionalsRead MoreCorporate Financial Crime And Its Effects On Our Economy Essay1676 Words   |  7 Pagesto send money to a relative, how do you typically send it? If you purchase an item, how do you typically pay? What is the common factor in these scenarios? In most circumstances the answer would be your bank. Paychecks are usually direct deposited or cashed in your bank account. You generally pay bills using your bank’s bill pay system. You can transfer or wire money from your bank account to another account using your bank’s system. You typically purchase items with your debit card or creditRead MoreFinancial Fraud in Canada7212 Words   |  29 PagesManagement Term Project Financial Fraud in Canada [pic] Analysis presented to Ms. Julie Slater by Anouck Cinq-Mars (9197710) Anthony Liscio (9097856) Angelo Vaccaro (9356290) Joe Vincelli (9234403) Kyle Zarmair (9055177) John Molson School of Business April 4th 2011 Table of Contents Evolution of financial fraud in Canada†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦4 Current types of fraud Canadian financial institutions A) Internal fraud†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 IdentityRead MoreFinancial Crime1434 Words   |  6 Pagesin a financial gain to the perpetrators and loss to others or the state. It includes a range of illegal activities such as: †¢ corruption (bribery, speed money, kickbacks etc.) †¢ financial fraud (accounting, check, credit card, mortgage, insurance fraud, counterfeit notes, securities or investment fraud, computer fraud etc.) †¢ money laundering †¢ tax evasion †¢ circumvention of exchange restriction †¢ illegal cross border fund transfer or capital flight †¢ abuse of the financial system/institutionRead MoreThe Major Categories Of Computer Crimes Essay996 Words   |  4 Pageshas made a Zeus Trojan toolkit available to cybercriminals. -When a computer is used to commit a crime the computer is not the main purpose it is just a means to an end. In these cases when a computer is used to commit a crime; these crime include fraud, threats/harassment, and theft of service. An example of computer as an instrument of a crime is cyberbullying. Cyberbullying is when an individual uses the computer to send mean texts or emails, post or email rumors on social media, and sendingRead MoreThe Internet : The Modernization Of Money Laundering1432 Words   |  6 PagesThe Internet: The Modernization of Money Laundering in the 21st Century Until all illegal activity ceases worldwide, there will always be a need for money laundering services. While there is no way of knowing when the first case of money laundering occurred, countries all over the world have been trying to fight this issue for at least the last 40 years. As soon as a new technique comes out into the public, countries write laws that try to prohibit that behavior. Unfortunately, there is no one-stopRead MoreIdentity Theft and Fraud: A Major Threat to the Australian Community1442 Words   |  6 PagesIdentity theft/fraud is becoming a major threat to the Australian community as technology advances. This section of crime produces substantial profits for offenders and causes considerable financial and emotions harm to the victims (Australian federal police, 2014). With this increasing alarm around identity theft/fraud in Australia, there has to be strong legal actions available to counteract the issue. Identity theft/fraud can be defined as a crime of ob taining the personal or financial informationRead MoreTraining On Fraud Prevention For An Online Payment Provider1277 Words   |  6 PagesTraining on fraud prevention for an online payment provider in USA jurisdiction Delegate ID number : 3733017 November 2014 AGENDA: †¢ Importance of fraud prevention †¢ Statistics †¢ Buyer fraud overview †¢ Seller fraud overview †¢ Stolen financials/account takeover overview †¢ Detection and prevention Importance of fraud prevention: Fraud prevention is the key element of conducting business, as when not controlled, fraud exposes the business to potential law suit, business loss, or its’ extinction

The Vietnam Era Essay - 1135 Words

The Vietnam Era HUMN-303N: Introduction to Humanities Professor Stacey Donald DeVry University During the decades prior to the eighties the two most important issues the U.S. was facing were the war in Vietnam and civil rights. This era changed the way the public was able view the events, there was television and photography which allowed the world to see for the first time what war was about and journalism was not always unbiased. This era was an era of advancement, where many protested the war, there were the civil rights movement activists striving to gain equality for all regardless of color, sex, age, or race. As stated in Moss (2010), â€Å"World War II marked a rapid expansion of the power and†¦show more content†¦Let’s also keep in mind that the Vietnam War was the first war to receive such extensive media coverage ever. The era of the Vietnam War was not only a time of war abroad but also in our own country, a war against poverty and inequality. People of color were fighting for their rights to be seen as equals in the labor force, education, and in the military. One of the famous leaders of the civil rights movement was Martin Luther King Jr. who was backed by President Lyndon B, Johnson. President LBJ was interested in creating welfare programs that would benefit those in poverty and give them hope, he was all about creating a â€Å"level playing field† to create opportunities that would benefit society as a whole. According to the Virginia Historical Society there was a piece written by P. B. Young, editor of the Norfolk Journal and Guide, a newspaper at the time, wrote a few touching words to Liberals, Help us get some of the blessings of democracy here at home before you jump on the free other peoples band wagon and tell us to go forth and die in a foreign land. To add to this President Roosevelt’s wife, Eleanor, said The nation cannot expect the colored people to feel that the U.S. is worth defending if they continue to be treated as they are treated now. Despite of the discrimination that young black men faced in the military it was still a better option than being unemployed and living in poverty.Show MoreRelatedDuring the Vietnam War Era1109 Words   |  5 PagesDuring the Vietnam War era, the United States and other democratic and free nations were fearful of communism spreading to more parts of the world. They fought two world wars to protect freedom, and to contain the comm unist movements. The foreign policy of the United States evolved to that of a pre-emptive type strike on the possibility of communism surfacing and threatening free countries. Harry S. Truman began to theorize that if a communist nation took over a non-communist state, then neighboringRead MoreMusic of the Vietnam Era Essay1232 Words   |  5 PagesMusic of the Vietnam Era The use of music to convey social commentary was certainly not unique to the Vietnam War. However, what made the music so significant was its versatility. It quickly captured and reflected public opinion as it developed, and offered expression regardless of race, gender, status or political orientation. As a result, there was no one song that captured the essence of the Vietnam War. Words about war have been put to music for generations, but usually in a positive mannerRead MoreThe Vietnam War Era Of American History1700 Words   |  7 Pages Stanley Karnow describes the Vietnam War era of American history as â€Å"†¦a tragedy of epic dimensions†¦Ã¢â‚¬ 1 and it is fair to postulate that this is no understatement. One of the more pertinent ramifications of the Vietnam War was the deconstruction of fundamental, if somewhat illusory, American conceptions and ideals. The war shattered America’s hitherto unshakeable â€Å"confidence†2 in its political hegemony, military prowess and assumed authority in world order, i.e. â€Å"†¦its moral exclusivity, its militaryRead More Counterculture During the Vietnam Era Essay1096 Words   |  5 PagesCounterculture During the Vietnam Era With a country in shambles as a result of the Vietnam War, thousands of young men and women took their stand through rallies, protests, and concerts. A large number of young Americans opposed the war; with a common feeling of anti-war, thousands of youths united as one. This new culture of opposition spread like wild fire with alternative lifestyles blossoming, people coming together and reviving their communal efforts, demonstrated in the Woodstock Art andRead MoreVietnam War : A Cold War Era Conflict2301 Words   |  10 PagesVietnam Conflict The Vietnam War was a Cold War-era conflict that started in 1946 and ended in 1974, taking nearly 30 years to resolve. The war was fundamentally a conflict between North Vietnam and South Vietnam, where the North was communist and South was not. The United States, France, the United Kingdom and other non-communist allies supported the non-communist South Vietnam. China, Russia (USSR), Cuba, Cambodia and other Communist allies supported the regime in the north. North Vietnam saw theRead MoreLyndon B. Johnson and Vietnam War Era Essay3125 Words   |  13 PagesHow did the American culture advance from the Vietnam War Era? Cornelia Roberts-Pryce Chamberlain College of Nursing HUMN-303N-14171: Introduction to Humanities Spring 2013 * Introduction to the Community: Identify the community you will be using for this paper and provide a brief description of the community. Your community should be the area where you live or the area surrounding your work setting. * Windshield Survey: Assess your community by doing an informal windshield surveyRead MoreRacial Segregation And The Military During The Vietnam War Era964 Words   |  4 PagesRacial gang fights were all too common in the military during the Vietnam War Era. Initially, African Americans thought the military was a safe haven from the Ku Klux Klan, but soon discovered the KKK was a major source of racial violence within the military. â€Å"Groups of whites, wearing real or impromptu Klan robes, were reported on numerous military bases in the United States and overseas.† (Westheider 85) The Ku Klux Klan also has similar traditional practices such as burning the cross on militaryRead MorePost Reformation During The Reformation Era1180 Words   |  5 PagesPost-Reformation era is remarkable better in the Good Governance compared to the centralistic Pre-Reformation era, since the authoritarian tremendous power in the pre-reformation era can be easily used to suppressed the opp onents and defy the good governance principles. Unfortunately, there are some weakness with this infancy stage of decentralization in the post-reformation era due to power abuse by the district government or the local forest communities to forest resources. The euphoria of â€Å"Reformation†Read MoreBlack Boy By Richard Wright1597 Words   |  7 Pagesand the Vietnam War have shaped and changed the lives of many African American families. Black Boy, a memoir by Richard Wright, talks about his youth and experience in the segregated South. Bloods by Wallace Terry, on the other hand, showcases a collection of stories, events, and experiences of African Americans that have gone through the Vietnam War. Both of these periods in time are very different, but similar in small ways. African Americans who were enlisted and fought during the Vietnam War wantedRead MoreForeign Policy Decisions Of The United States888 Words   |  4 PagesStates of the Post-World War II era, one will f ind that the U.S. aimed to make pragmatic foreign policy decisions to strengthen its position in world politics. Some of these decisions may have given the U.S. economic advantages or helped spread democracy to the world. However, they were only the byproducts of a pragmatic strategy that aimed at giving the U.S. a larger sphere of influence in geopolitics over the Soviet Union. It is seen in the example of the Vietnam War that the U.S. favored a pragmatic

Was Mary Mallon a victim or villain Essay Example For Students

Was Mary Mallon a victim or villain Essay History 1 Was Mary Mallon a victim or villain? Mary Mallon was a woman of Irish descent who came to the United States as an immigrant to start a new life in 1886. She worked as a cook in a house where wealthy families came to celebrate their vacation. She was a healthy carrier of typhoid and made the guests sick and they died because of her. Although science had not been developed enough yet and she was tried unfairly it did not make her only a victim. Mary Mallon transformed from victim to villain. When she decided not to report to the police and return to cooking. Mary Mallon was a victim when she as quarantined for the first time. Science had not been developed enough yet to prove and explain what healthy carriers really were and if they existed at all. She believed that she could not be a carrier without being sick. At the time she was asked by George Soper, a researcher who specialized in investigating where diseases come from, to cooperate to do a test with him, which she did not want to do. Soper implied that she might carry the bacteria and be the cause of the vacationers in the house getting sick. But because she was not sick herself she did not believe a word he said and ignored him. Mary had no reason to believe she could be a typhoid carrier. At the time the theory was; you either have typhoid and are really sick or you do not. The same applies to spreading it. She at least would have to be very sick in order to spread it. No one knew about healthy carriers, who like her, were healthy and yet carried the disease with them their whole lives and could also spread it. They did not get sick themselves because their immune system had beaten the bacteria. Therefore, when police officers came to arrest her and put her in quarantine without trial, she really did not know what was happening to her and why. They told her that he was a healthy carrier and had made people sick, but why would she believe this? It was a really novel idea and people were still under the assumption that typhoid was spread by lack of hygiene. So was she. Message to good Housewives with the warning that the house might look clean, but dont get the idea that you can Judge simply by the appearance of things. Wherever there is dirt, germs can breed; and flies and vermin will come (Tomes Reading, p 165). People also did not know that typhoid could be spread by uncooked food like ice cream. If science had been developed more they could have maybe used Mary to find a cure r at least it would probably have given her a better trial in the first place. Now everyone was thinking she had typhoid, so let us Just lock her up. Maybe they could have thought of better solutions if they had known more. However, Mary Mallon became a villain after she was released from quarantine, because then she knew she was not allowed to go back to cooking and she did anyway. As a result, many people in the hospital where she worked became sick and died. I have to believe that when she was in the hospital and all of the papers were written about her and cartoons were published she had to know she was carrying it. They would not have iven the fact that the people in the house where she had worked at first had all become sick must have proved a point to her. .u20da210519c0f3824f1d5f382b9059e4 , .u20da210519c0f3824f1d5f382b9059e4 .postImageUrl , .u20da210519c0f3824f1d5f382b9059e4 .centered-text-area { min-height: 80px; position: relative; } .u20da210519c0f3824f1d5f382b9059e4 , .u20da210519c0f3824f1d5f382b9059e4:hover , .u20da210519c0f3824f1d5f382b9059e4:visited , .u20da210519c0f3824f1d5f382b9059e4:active { border:0!important; } .u20da210519c0f3824f1d5f382b9059e4 .clearfix:after { content: ""; display: table; clear: both; } .u20da210519c0f3824f1d5f382b9059e4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u20da210519c0f3824f1d5f382b9059e4:active , .u20da210519c0f3824f1d5f382b9059e4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u20da210519c0f3824f1d5f382b9059e4 .centered-text-area { width: 100%; position: relative ; } .u20da210519c0f3824f1d5f382b9059e4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u20da210519c0f3824f1d5f382b9059e4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u20da210519c0f3824f1d5f382b9059e4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u20da210519c0f3824f1d5f382b9059e4:hover .ctaButton { background-color: #34495E!important; } .u20da210519c0f3824f1d5f382b9059e4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u20da210519c0f3824f1d5f382b9059e4 .u20da210519c0f3824f1d5f382b9059e4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u20da210519c0f3824f1d5f382b9059e4:after { content: ""; display: block; clear: both; } READ: Era Dinosaurs EssayThey did multiple tests on her as well that proved she carried it. She might still have been thinking that it could not be true but that would have been really ignorant. The facts speak for themselves. When she got out of quarantine and had to obey the rules that they had given to her, and did not obey them she had transformed in to a villain. She knew she was not allowed to cook again because she could spread the disease that way. She had to inform the government where she was and did not do that either. The fact that she went back to cooking for me proves she turned into a villain, because that made many innocent people sick and caused many of them to die. And the worst thing is that of all places she did it in a hospital. She knew she was not allowed to do it but still did it with huge consequences. When she did not know what she was doing she was a victim of her own medical condition, once she knew what she was doing she had become a villain. The fact that after she came out of quarantine she had to work extremely low- paid and bad Jobs did not give her the right to go back to cooking and make innocent people sick and die.

Nightmares and night terrors Essay Example

Nightmares and night terrors Paper Every night, every person around the world watches a unique movie in the form of interrupted stories, made up partly of memories, with frequent shifts of scenes. The watcher may sometimes even take part in the movie. This sort of movie is called a dream. Dreaming is a form of mental activity occurring during sleep that is different from thoughts while one is awake. Even though dreams are imaginary, they are usually related to real experience in the dreamers life. Dreams can be pleasant, some annoying, and others frightening. The reason why people dream is not fully understood. Some scientists have suggested that biological discoveries about dreaming have made psychological theories false. An excerpt taken from the World Book Encyclopedia states that dreaming sleep may play a role in restoring the brains ability to handle such tasks as focused attention, memory, and learning. Dreaming, therefore, can be very meaningful and helpful in life. B. Brain Waves and Different Stages of Sleep In 1953, American sleep researchers Eugene Aserinsky and Nataniel Kleitman have shown that a dream takes place in a biological state of its own. Dreaming, like all mental processes, is a product of the brain and its activity. Regardless of whether a person is awake or asleep, electrical waves are continuously given off from the brain. These waves are measured with an instrument known as an electroencephalograph. There are five different stages of sleep where brain waves vary: * Stage one sleep is the transition stage between wake and sleep lasting 1 to 5 minutes and occupying 2 to 5% of a nights sleep. * Stage two, occupying 45 to 60 %, is when one is actually asleep. * Delta sleep, or stages three and four are slow wave sleep, which lasts approximately 15 to 30 minutes. We will write a custom essay sample on Nightmares and night terrors specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Nightmares and night terrors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Nightmares and night terrors specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Brain activity slows down dramatically when compared to the waves in stage two. These two stages are completed within the first three hours of sleep. These are the deepest stages of sleep and the most restorative. They can occupy up to 40 % of all sleep time. * Stage five, REM-Sleep (Rapid Eye Movement Sleep), is when dreaming takes place. After that, the sleeper goes back into a deep stage four sleep. Again, the sleeper goes into an REM stage after a short period and cycles through REM and stage 4 until the sleeper is woken up. These five stages are essential in a nights sleep. Each, in its own way, helps in the bodys restoration processes. C. REM-Sleep Eugene Aserinsky was the first who discovered REM-sleep (rapid-eye-movement sleep) when he was watching an infant sleep. It seemed as though the childs eyes were moving under its eyelids quite rapidly at regular time intervals. It is a very active stage of sleep where breathing, heart rate, and brain wave activity quicken. REM-sleep occurs every 90 to 100 minutes, 3 to 5 times a night, and lasts longer as the night progresses. The final REM period may last up to 45 minutes. Together, REM-sleep usually occupies 25 percent of the nights sleep. During this stage, the persons eyes move rapidly as though the sleeper is watching a series of events. If one is awakened during REM-sleep, the person is most likely able to recall the details of a dream. Dreams usually include events and feelings that the dreamer has experienced. These can be events from the day before or minor incidents that took place in the hours before sleep. The body cannot move during an REM period. This is caused by the blocking of nerve impulses from the brain to the muscles. Even though one cannot move, the senses are greatly present during dreams. Visual experience is present in almost all dreams; auditory experience in 40 to 50%; and touch, taste, smell, and pain in very small percentages. These senses, such as touch and sound, can be incorporated into a dream if someone else uses these senses on the dreamer during REM-sleep. D. Nightmares and Night Terrors Not all dreams are of a perfect fantasy or have a fairytale ending. Some are terrifying and leave a sense of disbelief. These are nightmares, which are the darker side of dreams. A nightmare is defined as a frightening dream from which sleepers have difficulty in arousing themselves. According to Ernest Jones, true nightmares have three cardinal features. The first cardinal feature is a feeling of agonizing dread and sense of oppression. The second cardinal feature is the weight upon the chest leading to difficulty in breathing. The third and final one is a conviction of helplessness. Many people cannot differentiate nightmares from dreams. Nightmares are very distressing dreams which usually force at least partial awakening. The most common theme of nightmares is being chased by an unknown male figure. Children are normally being chased by an animal or fantasy figure.