Author: Khushi Mahesh Dewani, Student at SNDT Women’s University, Mumbai
ABSTRACT
Many people conduct white collar crimes because of a desire for personal gain. Yet, this crime becomes corporate crime when it is committed by a group of individuals or an association within a firm. The loss incurred as a result of other traditional crimes like theft, trespassing, burglary, arson, etc. is far lower than the loss incurred as a result of white collar crimes. That has a negative effect on our nation’s economy and trade. Also, it causes investors to lose faith in the market. This study focuses on the forms and cases of corporate crime and white collar crime in India. Moreover, historical statistics on white collar crime are displayed. This research also sheds light on the rules and legislation that offer defence against this issue.
