WHITE COLLAR CRIMES

Presented by: Mishika Sood

Purnima Kohli

Class: B.Com. II

White Collar Crime refers to those offenses that are designed to produce financial gain using some form of deception.

Types of White Collar CrimesFrauds

Bribery and corruption

Telecommunications fraud

Credit card fraud

Industrial espionage

Theft of intellectual property

Forgery

Electronic funds transfer

Asset Forfeiture

Global Economic Crime Survey

Source: Global Economic Crime Survey Survey, 2014 (PwC).

Financial Loss

Decline in employee morale

Damage to external relations

Damage to brand imageDamage to relation with

regulators

Affects on Society

Risk Assessment Audit

TransparencyAn adequate regulatory systemMechanisms for building public awareness

Responsible BankingCash Transaction Reporting

Prevention

Crime analysis

Criminal history data

system enhancemen

t

Information sharing

New technologies to monitor

communications

Mobile data centers

Creation of watch lists of

potential offenders

Efforts by Police (Globally)

ConclusionGap analysis

Capacity building (police)

Sentise public

Thank you!!!