ECONOMIC CRIMES IN THE AGE OF TECHNOLOGY

ECONOMIC CRIMES IN THE AGE OF TECHNOLOGY

Registration ID: IJNRD_214570

Published ID: IJNRD2402370

DOI: Click Here to Get

Radhika Sharma , Dr Savita Nayyar

Economic crimes, cyber economic crimes,Indian Penal Code,1860, Information Technology Act,2000

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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"ECONOMIC CRIMES IN THE AGE OF TECHNOLOGY", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.9, Issue 2, page no.d665-d678, February-2024, Available :https://ijnrd.org/papers/IJNRD2402370.pdf

Volume 9 Issue 2, February-2024

Pages : d665-d678

Paper Reg. ID: IJNRD_214570

Published Paper Id: IJNRD2402370

Downloads: 000121179

Research Area: Arts

Country: Jammu , Jammu & Kashmir , India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2402370.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2402370

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

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