• White Collar Crimes: Contemporary Issues And Challenges

    Author(s):
    Harshit Mangla
    Editor(s):
    Nyaay Shastra (see profile)
    Date:
    2022
    Subject(s):
    Law, White collar crimes
    Item Type:
    Article
    Permanent URL:
    https://doi.org/10.17613/mwgt-3p86
    Abstract:
    Rampant increase in white collar crimes is a universal menace that affects the very ethos of the socio-economic order of our societies causing irretrievable damage to world economies. These nonviolent crimes are committed by persons of high social status for exorbitant illegitimate gains, usually committed over a span of time and often goes on unreported. Such offences are not isolated events but have many facets like money laundering, corporate frauds, cheating, forgery, falsification of accounts, corporate lobbying and corruption etc. This paper tries to find out the true meaning and extent of white-collar crimes. An insight is being given into the legislations enacted to prevent white collar crime in India. In the words of the hon'ble supreme court of India, “these cases are nothing but private gain at the cost of public that lead to economic disaster" . Bonafide societal morale, transparency and strict enforcement compelling adherence to the laws is paramount to curb white collar crimes.
    Metadata:
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    Published as:
    Journal article     Show details
    Pub. DOI:
    https://doi-ds.org/doilink/05.2022-28934985/
    Publisher:
    Nyaayshastra
    Pub. Date:
    03-09-2022
    Journal:
    NYAAYSHASTRA LAW REVIEW
    Volume:
    3
    Issue:
    1
    ISSN:
    2582-8479
    Status:
    Published
    Last Updated:
    7 months ago
    License:
    All Rights Reserved
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