Corporate crime has become increasingly common over the past two decades. It seems like every big business today has a dark side. With the constant lawsuits against corporate officials, it seems that many high-profile companies can no longer be trusted. We can no longer look at our banks in the same way either; JPMorgan Chase over the past two years can be added to the list of corporate crimes. They committed crimes against their clients and the government by rigging their investment deals for years, quoting inappropriate homeowners insurance rates, and overcharging veterans. They stole millions of dollars and put them in their pockets. What makes this case interesting is that Chase is one of the largest banks in this country. Millions of Americans entrust their savings to this bank. It turns out they entrusted their money to criminals. The first crime allegedly took place between 1997 and 2005 and was first covered up in July 2011. The bank "deceived governments in 31". United States by rigging the bidding process to reinvest the proceeds of dozens of municipal bond deals (2). They did not do this according to their own thinking; they benefited from the help of approximately 11 bidding agents. To give an idea of ​​what the bidding process is, it is when cities, with the help of banks, bid for reinvestment products. Cities take their tax money and buy bank bonds for this investment. What Chase did was them; “won investment deals because it obtained information from bidding agents about its competitors' bids. In other cases, it deliberately submitted non-winning bids to satisfy tax requirements. (2) They also admitted to having entered into “secret agreements with bidding agents (2). » The motivation behind this...... middle of paper ...... July 2011. Web. April 9, 2012. .3. Hilzenrath, David S. "JP Morgan to Pay $153.6 Million in Fraud Case." Washington Post. The Washington Post, June 22, 2011. Web. April 9, 2012. .4. Post, The Huffington. “JPMorgan, Bank of America and Wells Fargo accused of overcharging veterans.” The Huffington Post. TheHuffingtonPost.com, May 10, 2011. Web. April 9, 2012. .5.History, Louise. “Big banks under home insurance investigation.” New York Times. January 12, 2012. The web. April 9. 2012. .