White Collar Crime

http://www.nw3c.org/research/docs/national_public_household_survey.pdf
The 2005 National Public Survey on
White Collar Crime

Healthcare fraud costs the government and taxpayers an estimated $51 and $170 billion
annually.

It is estimated that for the year 2004, illegal credit card purchases totaled $788 million in the U.S. alone, which represents 4.7 cents of every $100 of total purchases. Also, recent studies project that as many as 7-10 million Americans have been victimized by identity theft; it is estimated that $48 billion in losses have been incurred through this type of crime alone

Only 30.1% of reporting households specified that a report was directed to at least one entity with the ability to investigate and/or prosecute the perpetrator under criminal sanctions.

Several statements need be made: The increased reportage of Incidents derive from increased Public knowledge of existence and access to law enforcement agencies (Contact information). Elderly and mature adults fail to report because of the bureaucracy of law enforcement reportage (extensive Time sequence). Health industry fraud is rife throughout the Country in all aspects of the profession--trying asking what a Clinic visit will cost at the time of attendance. Major purchase pricing is universally misleading--never mentioning licensing fees, Taxation, Warranty Costs, or Business-assigned commissions. States and Communities even go to great lengths to suppress information as to the actual Sales Tax rate.

This Author has even been subject to identity theft--purported to have spent $9000 in Credit Card purchases in Paris, when having never left the States. There is an element of Consumer aggravation which raises inconsiderate Charging to the level of White Collar crime when it does not constitute such, but fact states the Cost of White Collar crime is vastly underestimated. I estimate about 40 Cents out of every $100 of total GDP has been generated by some form of illicit White Collar crime, and if legal but hidden Charges are included: this raises to almost $12-14 of every $100 of GDP. It is a Problem which has to be resolved. lgl