Kilel Benard Kipkorir, Research Scholar & Assist. Prof. Dr. Rajesh B. Deshmukh, Shri Shivaji Law College, Parbhani
ABSTRACT
White collar crime is a disease that frankly speaking is increasing at an alarming rate all across the globe. While the numbers of white collar crime increase, the impact it leaves behind down the line is astonishingly high after their ripple effect. First the impact of white collar crime to economy of the country is destroyed immensely leaving behind an economy that burdens the citizens who are trying to make end meet. Secondly, Political impact of these crimes on the other hand gives rise to civil unrests and protests perpetuated by citizens to their government. Leaving behind a state of political instability and a nation that harbors mistrust towards the governments. Thirdly, the impact it leaves towards the social fabric is astoundingly devastating, because it leads to lawlessness, increased crime rates and a culture of corruption in the country; which later becomes an accepted way of life. Fourth is the Impact it has on the environment; this is evident with the high cases of adulterated food in the market that poses a health problem to its consumers and pollution to the environment. Lastly is the impact on various professions, with reference to India and Kenya.
