Abstract

White-collar crimes and money laundering, though distinct in their structure and execution, frequently operate in unison, creating a significant threat to the financial and legal integrity of economies worldwide. In the Indian context, this interrelation is increasingly evident through high-profile financial frauds, banking scams, and corporate malfeasance. While white-collar crimes involve abuse of professional positions for illegal monetary gains, money laundering acts as a mechanism to legitimise those proceeds, making enforcement and prosecution more complex. This research examines the conceptual foundations of both offences, analyses India's legal and regulatory framework including the Prevention of Money Laundering Act, 2002 (PMLA), and explores judicial pronouncements and global compliance norms such as the FATF Recommendations. By studying case law and enforcement trends, the paper aims to highlight systemic loopholes and propose reforms to better equip India’s legal machinery to tackle this evolving economic crime syndicate.

Keywords