Tuesday, August 6, 2013

Gender differences among white collar criminals



This was interesting though not surprising (but it's good to put #s to our suspicions).
This Penn St. study looked at 83 fraud cases from last decade involving over 400 defendants. As you would expect, women made up only 9% of the defendant pool, so not sure if that was enough to make statistical conclusions. But half of the male defendants gained >$500K from their alleged frauds, while half of the female defendants earned nothing. The women were more often in lower subordinate job titles too vs. their male co-conspirators.

Females were more likely to occupy accounting/finance positions, and were not the "ringleaders" or creative force behind the crime. Their crimes were less likely to be personal profiteering, and instead they were accused of embellishing #s to make the firm look better or covering up losses to avoid bankruptcy. So they were doing wrong while "trying to help someone else", whereas the men were straight up stealing for themselves (and maybe making their firms some $ too).

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