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White-Collar Crime: Corporate and Securities and Commodities Fraud

Dr. Price is Clinical Instructor of Psychiatry and Dr. Norris is Assistant Clinical Professor of Psychiatry, Harvard Medical School, Boston, MA. Address correspondence to: Marilyn Price, MD, Massachusetts General Hospital, Law and Psychiatry Service, 15 Parkman Street, WAC 812, Boston MA 02114-3117. E-mail: marilynpricemd{at}comcast.net

In this era of increased interest in white-collar crime, forensic psychiatrists are in a key position to study the individual characteristics of offenders. While a comprehensive theory of high-level white-collar crime should consider societal and organizational contributions, there is value in understanding the personal traits that place an individual at high risk for offending. As the impact of the criminal acts of this group has been increasingly felt by larger groups from all socioeconomic strata, there is less willingness by the public to view these crimes as victimless and harmless.