WHITE COLLAR CRIMES AND REGULATORY RESPONSES

Abstract

White-collar White collar crimes which are financially motivated and commit by high social status person are threat to economic stability and moral construction of a nation’s, one such country is India (Patmanathan et al., 2023). Such crimes, which often entail fraud or theft, deceptive behavior, or breach of trust, go well beyond ordinary crime in affecting a wider set of victims and undermining respect for social institutions (Ometo, 2020). Understanding white-collar crime requires an examination of theoretical approaches, as in the case of the "deviant convenience" model, examining a combination of motive, opportunity and willingness when white-collar crime is committed (Gottschalk, 2020). White-collar crimes, as opposed to street-level crimes, are largely unphysical in nature and often consist of some form of fraud or deceit (Goulette, 2020).White Collar criminals extend far out when it comes to the breadth of their crimes, from fraud, embezzlement, bribery, money laundering, and security violations; plenty of whom are or were, executives of organizations who have bribed from within (“Criminal Investigation of Financial Crimes,” 2021).