White-Collar Crime and its Impacts: A Comparative Study

India’s economic and social fabric is threatened by white collar crime, which is concealed within the intricate corporate and organizational system. People in positions of trust and authority are usually the ones who commit these complex, non-violent crimes, which range from insider trading and money laundering to fraud and corruption. Rapid technical improvements, the exploitation of legal loopholes and occasionally the implicit cooperation of influential people are all factors contributing to the rise in these types of crimes. This study looks at the role of cross-border collaboration in the investigation of financial offences as well as the extraterritorial reach of white-collar crimes. It highlights challenges victims encounter in obtaining restriction and the crucial role enforcement agencies play in preventing these crimes. The paper also provides comprehensive understanding of white-collar crime by examining its legal as well as societal and financial repercussions. The paper also examines how India’s legal system has changed over time, stressing the recent changes made in new criminal law and evaluating how they have affected the control of financial crimes. The research also assesses important court ruling and make suggestion for improving the regulatory structure. In order to successfully tackle this widespread crime, this study emphasizes the significance of transparency and public trust in the financial system.