Increasing Bank Frauds And Cyber Crimes
INTRODUCTION
According to Edwin Sutherland's definition, white-collar crime refers to a relatively uniform behaviour involving actions undertaken by individuals to contribute to the financial success of the organization. They violate the law for the firm. Yet the definition is loose. An offence would be called a white-collar crime insofar as it represents violation of a legal rule constructed to govern business affairs or occupational practice and insofar as the law violation took place as part of the conduct of regular business or occupational activities.
White-collar crimes are distinguished from the conventional crimes like murder, rape, and manslaughter etc. These crimes do not actually require any particular label of belonging to high status. Whereas, white-collar crimes are typically committed by the educated and the "high-class" society. In the increasing capitalistic tendencies across the globe, survival of the fittest becomes most applicable and in the race to......
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