WHITE COLLAR CRIMES: INDIAN PERSPECTIVE

Abstract

In India, the pervasiveness of white collar crimes is propagating in every domain of community like fast flames. Such white collar crime organizations are becoming highly dynamic in the world stage due to pervasive political, social, economic and technical shifts as well as differences in laws, practices and strategies in various countries on mutual aid in criminal cases. A distinct group of criminal offences consists of white collar crimes. More frequently than not, the words White collar crime and 'Economic Crime' are simply used as descriptors, all of which need to be undertaken to describe distinct types of crime. White collar crimes not only victimize persons with financial losses, but may involve significant effects on the entire corporate system. The first portion of this research gives various aspects of corporate crime and the next portion deals with applicable laws to deter white collar crime in the corporate industry.