White Collar Crime

Words: 553
Pages: 3

In the article written by Brigham Young University School of Law Professor Michael Goldsmith in 2004 named “Resurrecting RICO: Removing Immunity for White-Collar Crime”, he asks if truly the Racketeer Influenced and Corrupt Organizations Act (RICO Act) can be restructured to correctly combat white-collar crime, and make the people responsible for these criminal acts, and face the justice system without any protection. In this article, the primary target of Goldsmith is to be able to get the attention of the Legislation.
Michael Goldsmith’s article there are several key variables included within the thirty pages of research. Specifically, white-collar crimes scandals are used as an indicator to provide the example of how much the court is able to prosecute a criminal act of this nature. The application of the RICO act, frauds, and the laws inside the RICO act are used as well in the research to be able to determine the dependent and control variables.
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More specifically, he used old research papers written by himself that touched several key related issues that help him be able to put together the main idea of this paper which is able to reform the RICO act for the sole purpose to make it more powerful against white-collar crimes. As well, he investigates into further details several corporate scandals that had happened in previous years. Goldsmith used the following corporate scandals to be able to prove his point: The Global Crossing, Enron and WorldCom scandals, and more. When the author incorporated both of these methods of research, he was able to combine the information, and provide a well-done article that made him provide strong information, as well as, to make a point that the RICO act does not have the sufficient laws to be able to make the white collar criminals pay for their