Paper Title
ECONOMIC CRIMES IN THE AGE OF TECHNOLOGY
Article Identifiers
: Authors
Keywords
Economic crimes, cyber economic crimes,Indian Penal Code,1860, Information Technology Act,2000
Abstract
The concept of economic crimes has come a long way since its conception, from being first introduced as “white collar crimes” a “phenomenon of law breaking by “respectable” persons in the upper reaches of society” coined by American Sociologist Edwin. H. Sutherland to acquiring several forms in the wake of globalisation and liberalisation. These crimes in the 21st century however, have cruised behind past the perimeter of business and trade thereby obsoleting the term “white collar crimes” which is deficient and unsuitable to detail all the forms of economic deviances found. The magnitude and enormity of such crimes has undergone immense change by reason of highly advanced and enhanced means of transport, communication and technology development. With the advancement in the technology and more use and reliability of computer machines in various businesses and government installations not only has the quantum of these crimes increased but the nature of such crimes has also become increasingly digitised. While most of these crimes are majorly regulated by the Indian Penal Code and several special laws enacted over the years. There however, at present is no unified law to deal with such crimes. Given the increasing digitisation of such crimes the Indian criminal jurisprudence is found to be lacking. To address this void in literature the first part of this paper will trace the history of economic crimes from white collar crimes to becoming more digitised in this day and age. The second part will critically analyse multifarious laws and their interrelationship. The third part will critically analyse whether the Information Technology Act, along with Indian penal code is sufficient to deal with the new phenomenon of “cyber economic crime” and lastly the paper will conclude with a few suggestions.
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How To Cite (APA)
Radhika Sharma & Dr Savita Nayyar (February-2024). ECONOMIC CRIMES IN THE AGE OF TECHNOLOGY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(2), d665-d678. https://ijnrd.org/papers/IJNRD2402370.pdf
Issue
Volume 9 Issue 2, February-2024
Pages : d665-d678
Other Publication Details
Paper Reg. ID: IJNRD_214570
Published Paper Id: IJNRD2402370
Downloads: 000122016
Research Area: Arts
Author Type: Indian Author
Country: Jammu , Jammu & Kashmir , India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2402370.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2402370
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