Where has all the money gone. (white collar crimes)

Security Management | February 1, 1998| | Copyright

"Without some dissimulation no business can be done at all," wrote the Earl of Chesterfield almost 250 years ago. The Earl is long forgotten, but his business philosophy flourishes among white collar criminals although his modem disciples might quibble over the use of the word "some."

White collar crime in 1998 will take a toll that is impossible to tally, given that so much of it goes undetected or unreported. Experts agree, however, that the problem is growing. In 1974, the U.S. Chamber of Commerce estimated that white collar crime was at least a $40 billion problem. ...

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