Economic Crime
Property
Fraud
Offense related to currency
Presenting and trafficking of illegal goods
“babe ruth” of white collar crime?
Charles Ponzi (1920)
Ponzi scheme
- pay oldest investors with money from new investors
- perhaps stolen from brooklyn bookkeeper william miller
- investors reportedly lost $20mil. equivalent to $225mil in 2011
- died on poverty
Modern monster
Bernie Madoff (2009)
- former chair of NASDAQ stock exchange
- used ponzi scheme, largest frauds in US history, $64bil
- invested 19bil in him, involved family
White-collar psychopath
those involved in white-collar crime had lower scores on lifestyle criminality but higher on some measures of psychopathology traits
B-scan 360
uses rating made by others to measure psychopathic traits in the workplace
preliminary research supports a four-factor model consistent with the PCl-R four factor model
B-scan self
self-report measure of corporate psychopathy
replicated four-factor model
facets consistent with other measures of self-reported psychopathy (SRP - 111); positively correlated with dark triad and negatively correlate with the FFM agreeableness and conscientiousness
Institutionalized fraud
Elizabeth Holmes guilty of fraud
CEO of biotech company
Stanford chemical eng dropput
youngest female self-made billionaire
why join a gang?
Social identity theory
Social learning theory
what do they gain?
Big four 1%
the hells angels
The pagans
The outlaws
formed in mcCook illinois 1935 (AOA)
- limited in WW2
1950s logo - skull with crossed pistons
- rivals HA (ADIOS)
- 80 chapters in 20 states and 116 chapters in 14 countires
The bandidos
formed 1966 huston texas
- 5000 members, 210 chapters 22 countries
- rivals HA
Canada: rock machine montreal merged with bandidos 2000s, turf war against HA
Biker criminality
Spontaneous expressive acts
planned aggressive acts
short-term instrumental acts
ongoing instrumental enterprises
Frequencies of crime Big four
Outlaws - 347
HA - 209
Bandidos - 50
pagans - 25
Bandidos Shedden Ontario Massacre 2006
8 men murdered (6 full patched bandido members) found 4 vehicles in farmer fields
killed by other bandidos in assassination style
internal cleansing
OMG affiliation and crime
few differences between bikers and non bikers prior to the PID
OMG affiliations leads to an overall increase in criminal involvement specifically in property, drug and weapon crimes
Aranakan & Kunlangeta
Aranakan - a person who always goes his own way regardless of others, who is uncooperative, full if malice and bullheaded
Kunlangeta - knows what to do but doesn’t. repeatedly lies, steals, cheats, and rapes
Philippe Pinel
The Mask of Sanity - Hervey Cleckley
PCL (psychopathy checklist)
Operationalized in a research scale for assessing
- measuring a constellation of emotional, interpersonal and behavioural characteristics
Personality traits of psychopathy (6)