Abstract:
The white-collar crime primarily financial offenses communicate various schemes of crimes based on different perspectives and contexts. White-collar crime is the type of crime executed by a distinctive type of persons or groups which classified as white-collar criminals. Financial crime, by and large, includes a wide range of crimes against property, including the illegal modification or alteration of ownership of the property having a place with one more to one's very own utilization or obtaining benefits, usually including seeking financial benefits including bribery, corruption, money laundering, heavy embezzlement, insider trading, tax evasion, cyber or online crimes or some others similar to it. The financial distress looked as a result of white-collar crime, where huge resources in billions are wasted or erected as parallel economies every year because of which economies and political frameworks of agricultural nations like Pakistan are in severe crises. Notwithstanding financial weight on the economy, these violations additionally bring about a sharp decrease in personal satisfaction, a more vulnerable political/social request, and expansion. The economic and financial losses received by a country due to white-collar crimes are higher than the cost suffered due to all the street crimes. In this type of crime, the fundamental characteristic of the individual or collective financial gains. The places where mostly White-collar crime occurs are business and commercial entities and corporations whereas the Company board and top management of the companies are responsible for preventing and avoiding this crime. Lack of accountability, freedom to carry out crimes, peer backing, greed, and provisos in legitimate constructions, absence of detailing, and remaining in the rivalry are a portion of the elements with which the vast majority of the specialists consented to be pivotal reasons for the occurrence of white-collar crimes.
This thesis provides a procedural and executive framework that can be applied to the understanding and support of the investigation and prevention of white-collar crime in entities of commerce and trade. The four phases are labeled as investigator-to-technology, investigator-to-investigator, investigator-to-information, and investigator-to-application, respectively.
