White Collar Crime- A Social Menace- A Search For Corrective Measures

Abstract

White-collar crime is a persistent and complicated danger to society, including a wide range of illegal acts carried out by people and organisations in positions of trust and authority. The paper investigates the complex character of white-collar crime, examining its effects on both economic stability and public trust. The paper examines case studies to reveal the incidence and severity of white-collar offences, highlighting their negative impact on individuals, organisations, and communities. This paper asserts that the scourge of white-collar crime needs a cohesive and varied procedure that includes legislative reforms, institutional reforms, and cultural shifts. By implementing the recommended remedial actions, society could mitigate the negative adverse effects of white-collar crime while also safeguarding the integrity of financial systems and restoring public faith in institutions.