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Corruption Schemes

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Corruption Schemes

Anaesha M. Whitaker

Corruption Schemes
What is corruption? The most common definition of corruption in the economic literature is literature is the misuse of public office for private gain. While private gain is typically interpreted in terms of monetary benefit, it can potentially include non-monetary benefits such as improved chances of re-election and helping friends or members of their social or ethnic networks obtain public resources. The usual interpretation of misuse is the use of office for illegal purposes, impairment of integrity, virtue, or moral principle, inducement to wrong or improper or unlawful means, but it is occasionally construed more broadly as the mis-allocation of public resources in ways that enhance the official's private returns. Recent years have also seen an explosion of empirical research on corruption measurement. The research conducted for this paper, which has developed and used both subjective guides which are based on perceptions of corruption and objective measures of illegal activity. The following topics will be discussed throughout this paper: Corruption Schemes
Today; Corruption Schemes Tomorrow; Investigations of Corruption Schemes; and Detection and
Prevention of Corruption Schemes. The research conducted throughout this paper focuses on the topics above.
Corruption Schemes Today
Corruption Schemes today are heavily engulfed in politics.

“CHICAGO — Corruption has tainted politics here since Al Capone's heyday, but the arrest Tuesday of Illinois Gov. Rod Blagojevich revealed alleged conspiracy and bribery schemes so brazen that veteran investigators and prosecutors could barely contain their revulsion.
"The conduct would make Lincoln roll over in his grave," said U.S. Attorney Patrick Fitzgerald.
In breathtaking detail, the criminal complaint describes the

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