Criminal Justice System Processing

[Name of the Institute]

Criminal Justice System Processing

Introduction

The purpose of this paper is to analyze a media article on a certain crime and describe the procedures involved in the criminal justice system. In the following sections I will discuss a case of white collar crime and describe criminal justice procedure and proceedings of the case and the legislative system.

Smith, A. (Nov 8, 2011.) “White collar crook Rajaratnam fined record $92.8 million”, CNN Monery, pp. 1.

This case was reported by CNN in November last year, the case talks about Raj Rajaratnam, a former hedge fund manager of The Galleon Group. Securities and Exchange Commission has charged around $93 million after being convicted of insider trading. This is the highest fine ever charged by SEC, including 11 year of sentence. However the role of Police department was also highlighted. The case observed a biased police opinion on white collar crimes. The prevalence of white collar crimes in the United States has a long history and the society has observed a considerable increase in this classification of crimes.

Research Objective

The research takes contributions from the studies. According to the literature in the research, when a company suffers from white- collar crimes, it has to make up for the cost by raising prices. This practice directly hurts the customers. It also means less pay for the employees and even downsizing. The effect continues to ripple when employees are unable to pay off loans, ad credit becomes difficult to obtain. It is affecting the public confidence in the economy. It is important to create a public awareness. It can be achieved through media and law enforcement agencies. It also entails the criminal justice system and outlines its procedures and proceedings.

The study contributes significantly to the fact that bankruptcy and antitrust crimes have the greatest affect on the economy. Fraud committed by executives damages the stock holders and public confidence for the corporations at the same time. The telemarketing frauds hurt the elderly because they are usually at home and usually with no one to help them with such issues. These companies find it difficult to track down because most of them are between the jurisdictions, making it hard for the law enforcement officials to track them down. However, a comprehensive research is required to be undertaken on the reason of the prevalence of white- collar crime. This will help identify the issues in alleviating this practice.

Criminal Justice Process

The process of criminal justice process is different among various states and the federal criminal justice system adopts their other own rules, procedures and terms. They are used during the stages of proceedings. The criminal justice process involves the following stages which will be discussed in the following paragraphs:

Search Warrant

When the police officers will have an idea that the collection of evidence regarding a specific crime is enough for them, they would try to carry out a search warrant which will lead them to search the premises. The information that is given by the police to ...