Financial Based Fraud Characters and Corporations, and a Roundtable of WCC issues, the deadline is 25 July at midnight. The five-point penalty for late submission begins at 12:01 am 26 July, and the portal closes at midnight on 28 July. 1) Critically review the VW emissions scandal. What happened and why? Discuss both criminal and civil liability. In terms of both, criminal and civil applications, discuss the hurdles faced by the government in pursuing this case. 2) Interest rates for basic savings accounts range from 2%-to almost nothing. Therefore, many people choose to invest in the stock market in hopes of interest rates 5% and up, or at least they did prior to CoVid 19 when they were still employed. Therefore, most investors are looking for advice. What is the difference in searching for expert advice and insider trading? Be sure to illustrate with examples from your course materials. 3) Apparently, we did not learn from the S&L crises of the 1980’s, and in 2008 the financial impact of the sub-prime mortgage crises leads to a national recession. If helping more people own homes, part of the American dream, is a good social policy, explain why the financial results can be catastrophic. This is a good opportunity to compare and contrast the CJS response to frauds associated with the S&L crisis to those linked to the sub-prime mortgage collapse. 4) Medical doctors work within one of the most trusted, prestigious professions in the U.S. Using your course materials illustrate how WCC can affect this area. Use the internet to locate a current case study for comparison purposes. On a related issue discuss how the problem of Medicare fraud may be reduced. 5) Describe how perpetrators commit Identity Theft, and present advice on how citizens can reduce the chances of victimization. What are the possible consequences of being a victim? Once victimized, how can the parties reduce the damage? Lastly, does Identity Theft fit within your working definition of WCC or does this belong in a different conceptual category? Explain. 6) In terms of explaining WCC, there are several criminological perspectives that might apply. These include the following theories: Rational Choice, Techniques of Neutralization, Social Learning Theory, Conflict theory, Strain Theory, and Psychopathy. In your opinion, which perspective best explains WCC? As an alternative, which combination of perspectives is best?