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Jul 31, 2019 · The Business Standard on 22.11.2016 published a report titled ‘ The changing dynamics of white collar crime in India ’ stating that in the last 10 years, the Central Bureau of Investigation (CBI) has found a total of 6,533 cases of corruption out of which 517 cases were registered in the past two years. Statistics showed that 4,000 crores worth of trading was carried out using fake or duplicate PAN cards. Maharashtra showed a rapid increase in the number of online cases with 999 cases ...
Jun 11, 2024 · White-collar crime, crime committed by persons who, often by virtue of their occupations, exploit social, economic, or technological power for personal or corporate gain. The term, coined in 1939 by the American criminologist Edwin Sutherland, drew attention to the typical attire of the
May 16, 2024 · White-collar crime is a nonviolent crime committed for financial gain. Securities fraud , embezzlement , corporate fraud and money laundering are examples of white-collar crime, and these acts are ...
Greed, financial gain, or economic instability are the primary motivations for such activities. The following are some of the causes behind the rise in white-collar crime: Lack of Awareness: Because white-collar crimes differ from typical crimes in their method, victims frequently misunderstand them and are readily duped by offenders. Greed:
Jan 30, 2024 · Recommendations to Effectively Combat White Collar Crime. To address the challenges posed by White-collar crime, several recommendations can be considered: Clear Definition in Indian Law: There is a need for a precise and comprehensive definition of White-collar crime within the Indian legal framework. Stricter Penalties:
Mar 25, 2016 · Fraud and other white collar crimes cost businesses and individuals more than $400 billion each year in the U.S. White collar crime most commonly occurs in companies with fewer than 100 employees; 75% of white collar crime is committed by men; The typical perpetrator of white collar crime is a college-educated male of Caucasian descent
May 4, 2016 · In this blog post, Aashish Ahuja writes about white collar crimes in India. Meaning of White Collar Crime: What is it. White Collar Crimes are the crimes committed by a person of high social status and respectability during the course of his occupation. It is a crime that is committed by salaried professional workers or persons in business and that usually involves a form of financial theft or fraud. The term “White Collar Crime” was defined by sociologist Edwin Sutherland in 1939.
Dec 26, 2023 · White-Collar Crime is a nonviolent crime that is frequently characterised by deception in order to obtain losing money or property or to gain a competitive advantage for oneself or a company. Securities fraud, embezzlement, corporate fraud, and money laundering are a few examples of white collar crimes.
The types of crime committed are a function of what is available to the potential offender. Thus, those employed in relatively unskilled environments have fewer opportunities to exploit than those who work in situations where large financial transactions occur. Blue-collar crime tends to be more obvious and thus attracts more active police attention such as vandalism or shoplifting. In contrast, white-collar employees can incorporate legitimate and criminal behavior, thus making themselves ...
White-collar crimes can destroy a company, wipe out a person's life savings, cost investors billions of dollars, and erode the public's trust in institutions. These crimes are not violent, but ...
