White Collar Crimes: Investigation And The Legal Mechanism For Prosecuting And Preventing

White Collar Crimes: Investigation And The Legal Mechanism For Prosecuting And Preventing Such Offenses

Neeruja Taneja, LLB, Chanderprabhu Jain College of Higher Studies and School of Law Affiliated to Guru Gobind Singh Indraprastha University

ABSTRACT

A broad category of non-violent criminal activity that frequently affects the worlds of business, banking, and government is known as "white-collar crime." The main elements of white-collar crime, including its definition, causes, effects, and countermeasures, are summarized in this abstract.

A broad range of charges, including fraud, embezzlement, insider trading, tax evasion, money laundering, and corporate malfeasance, are included in the category of "white-collar crime." It is frequently committed by people or organizations in positions of trust and authority and is typically characterized by financial motivation and dishonest methods.

White-collar crime is now more visible and more likely to be discovered thanks to growing public awareness, whistleblowers, and technological advancements. This abstract emphasizes the value of cooperation between law enforcement organizations, financial specialists, and legal professionals in effectively combating white-collar crime.

In summary, white-collar crime is a prevalent and sophisticated type of criminal behaviour with important societal repercussions. The key to reducing its effects and fostering a more open and moral business climate is to recognize its causes, acknowledge its effects, and put effective remedies in place.