What Is White Collar Crime

1202 Words5 Pages
Department of social work

Assignment on social defense and correctional services

What is white-collar crime?

White collar crime refers to those types of offenses that are designed to produce financial gain for one’s ownself using some form of deception. This type of crime is usually committed by people in the business world who, as a result of their job position, are able to gain access to large amounts of peoples money.It is a financially motivated non violent crime committed by business and government officials. In fact, perpetrators are typically involved in otherwise lawful businesses and may hold respectable positions in the community prior to the discovery of their
…show more content…
India too has completely immersed itself equally in the grip of white-collar criminality, like any other. With the recent advancements and developments in information technology and communication it has added a new dimensions to white-collar criminality. There has been unprecedented growth of computer dominated white-collar crimes, which are commonly called as cyber crimes. These crimes have become a matter of global concern and a challenge for the law enforcement agencies in this new century. Because of the specific nature of these crimes, they can be committed anonymously without conducting any physical presence to the…show more content…
At this present juncture what we need is the strengthening of our enforcement agencies such as Central Bureau of Investigation, the Enforcement Directorate, The Directorate of Revenue Intelligence, The Income-tax Department and the Customs Department. Concentration and distribution of national wealth must be done in a proper manner. Speedy trial should be arranged by appointing more Judges. Central Vigilance Commission must keep a constant vigil on the workings of the top ranking officers. Lastly everyone should be aware and vigilant towards white-collar crimes that are happening around us. One should be very careful with one’s actions, words and things regarding their personal information, this is one thing that we all both as members of the society and as individual can do to bring down such
Open Document