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Examine one or several major cases of business crime or fraud. What loopholes in the legal systems allowed them to take place? Were laws changed to deal with the matter?

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Examine one or several major cases of business crime or fraud

3) Great Business Crimes or Scandals: you can consult this list http://en.wikipedia.org/wiki/Category:Corporate_crimeor go back further, for example to the Credit Mobilier scandal of 1872
(http://en.wikipedia.org/wiki/Cr%C3%A9dit_Mobilier_of_America_scandal ), which still has lessons for us, or of course you can also look at the misdeeds which helped cause the recent financial collapse. Cybercrimes are a good topic also. Examine one or several major cases of business crime or fraud. What loopholes in the legal systems allowed them to take place? Were laws changed to deal with the matter? What drove the people to undertake their actions? What factors in the environment encouraged such behavior? How can they best be prevented in the future?

More details;

Cybercrime, also called computer crime, the use of a computer as an instrument to further illegal ends, such as committing fraud, trafficking in child pornography and intellectual property, stealing identities, or violating privacy. Cybercrime, especially through the Internet, has grown in importance as the computer has become central to commerce, entertainment, and government.

Because of the early and widespread adoption of computers and the Internet in the United States. Most of the earliest victims and villains of cybercrime were Americans. By the 21st century, though, hardly a hamlet remain anywhere in the world that had not been touched by cybercrime of one sort or another.

Defining Cybercrime

New technologies create new criminal opportunities but few new types of crime. What distinguishes cybercrime from traditional criminal activity? Obviously, one difference is the use of the digital computer, but technology alone is insufficient for any distinction that might exist between different realms of criminal activity. Criminals do not need a computer to commit fraud, traffic in child pornography and intellectual property, steal an identity, or violate someone’s privacy. All those activities existed before the “cyber” prefix became ubiquitous. Cybercrime, especially involving the Internet, represents an extension of existing criminal behaviour alongside some novel illegal activities.

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