White-collar crimes (WCCs) and their effects to society.

1. White-collar crimes (WCCs) do more damage in monetary and emotional loss in one year than the crimes of the street over several years combined. A WCC is a “non-violent criminal act involving deceit, concealment, subterfuge and other fraudulent activity.” Site a white-collar crime that has happened within the past 5 years and explain how it has effected society.
2. Virtue ethics argues that ethical behavior involves not only adhering to conventional moral standards but also considering what a mature person with a “good” moral character would deem appropriate behavior. What does this statement mean to you – in your own words? Give an example of this statement.

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