Perp Walk

AAA

DEFINITION of 'Perp Walk'

A slang term that describes the practice sometimes employed by law enforcement authorities, notably in the U.S., of parading an arrested suspect in public, with members of the media usually in attendance. Short for "perpetrator walk," the alleged suspect is usually a white-collar or high-profile criminal. The perp walk often takes place either shortly after the suspect is first arrested at his or her residence or workplace, or when the suspect is on the way to court for an arraignment.

INVESTOPEDIA EXPLAINS 'Perp Walk'

Defenders of the perp walk contend that it is meant to assert that no individual - regardless of their office or reputation - is above the law. Critics contend that the perp walk is a tactic employed by ambitious attorneys to bolster their public image, and serves little purpose apart from publicly humiliating the defendant. Another criticism is that the use of the term "perp" itself denies the defendant the presumption of innocence, which is one of the most basic tenets of the law.

RELATED TERMS
  1. Ombudsman

    An official who investigates complaints (usually lodged by private ...
  2. Boiler Room

    A place where high-pressure salespeople use banks of telephones ...
  3. Whistleblower

    Anyone who has and reports insider knowledge of illegal activities ...
  4. Circular Trading

    A fraudulent trading scheme where sell orders are entered by ...
  5. Front Running

    The unethical practice of a broker trading an equity based on ...
  6. Blue Sky Laws

    State regulations designed to protect investors against securities ...
Related Articles
  1. Insurance

    Identity Theft: How To Avoid It

    Don't be a victim of this disturbing crime. Get insight into how perpetrators commit this form of fraud.
  2. Insurance

    Eliot Spitzer - Man Of A Thousand Scandals

    Learn about the Wall Street scandals Eliot Spitzer prosecuted before perpetrating his own.
  3. Investing

    The Biggest Stock Scams Of All Time

    Where there is money, there are swindlers. Protect yourself by learning how investors have been betrayed in the past.
  4. Options & Futures

    Handcuffs And Smoking Guns: The Criminal Elements Of Wall Street

    From godfathers to perps, familiarize yourself with the "criminal elements" creeping around Wall Street.
  5. Insurance

    Crime Vs Time: Madoff Faces Off Against Fellow Fraudsters

    Madoff received the maximum allowable time for his sentence - much more than any white-collar criminal before him.
  6. Stock Analysis

    Why Should You Invest In Stratasys Today?

    When Stratasys pre-announced its fourth-quarter earnings, management highlighted that its MakerBot acquisition was underperforming expectations.
  7. Investing News

    Folio Investing Brings Experience To Robo-Advisors

    Prior to the recent upsurge of robo advisors, Folio Investing established itself as an alternative investment service through its online service.
  8. Economics

    America's Most Notorious Corporate Criminals

    Learn about the crimes and punishments of some of the most infamous convicted white-collar crooks.
  9. Professionals

    What is a SWOT Analysis?

    SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a management tool used to identify strategies for success. It may be used to guide individual thinking, group ...
  10. Investing Basics

    Are You An Investor Or Trader?

    Some stock market participants are investors or traders, and others are trying to do both. Often, they get in trouble by trying to do too much with little.

You May Also Like

Hot Definitions
  1. Fixed Cost

    A cost that does not change with an increase or decrease in the amount of goods or services produced. Fixed costs are expenses ...
  2. Subsidy

    A benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy ...
  3. Sunk Cost

    A cost that has already been incurred and thus cannot be recovered. A sunk cost differs from other, future costs that a business ...
  4. Technical Skills

    1. The knowledge and abilities needed to accomplish mathematical, engineering, scientific or computer-related duties, as ...
  5. Prepaid Expense

    A type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received ...
  6. Gordon Growth Model

    A model for determining the intrinsic value of a stock, based on a future series of dividends that grow at a constant rate. ...
Trading Center