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VOL. 9, ISSUE 2 (2024)
White-collar crime in India: Challenges and issues
Authors
Devendra Kumar Vaishnav
Abstract

This research paper aims to provide a comprehensive examination and analysis of white-collar crime and commercial fraud in India. This paper attempts to provide a thorough understanding of all the different facets of these fiscal crimes, such as their types, prevalence, nonsupervisory framework, difficulties facing law enforcement, and effects on society and profit. The goal of the study is to provide insightful suggestions for the creation of additional potent tactics and defences against business fraud in India. This research paper's scope covers a number of important topics regarding white-collar crime and commercial fraud in the Indian context. This paper investigates the different types of business fraud, such as insider trading, bribery, accounting fraud, embezzlement, and money laundering. It looks at how common these crimes are in Indian corporations. The study examines the legal and regulatory framework that controls white-collar crime and commercial fraud in India. It evaluates the regulatory environment's advantages and disadvantages. The study explores the difficulties law enforcement organisations have in identifying, questioning, and prosecuting white-collar offenders. It takes into account similar factors like the difficulty in obtaining substantiation and the complexity of financial crimes. The study assesses how India's thrift and society are affected by white-collar crime and commercial fraud. Examining the effects on public trust, job security, and investor confidence are all part of this.

The goal of the research paper is to provide a thorough overview of white-collar crime and commercial fraud in India, giving stakeholders valuable insight into how to improve accountability, transparency, and trust in the nation's commercial sector.
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Pages:10-16
How to cite this article:
Devendra Kumar Vaishnav "White-collar crime in India: Challenges and issues". International Journal of Advanced Research and Development, Vol 9, Issue 2, 2024, Pages 10-16
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