The problem of white-collar crime is rooted in the competitive attitude of the business community to oust its rival rivals in order to make huge profits. However, it can be assumed that such crimes are sometimes committed simply out of necessity. Thus, most of the private educational institutions in India, recipients of public assistance, provide false reports only in order to maintain their existence. Despite the prescribed code of ethics set for legal practitioners, the very nature of their profession suggests a fighting spirit and forces them to resort to cover-ups of misrepresentations that, if discovered, carry severe penalties.
The members of high social status or privileged class have an inclination of furnishing false and fabricated accounts of their income or properly to avoid payment of heavy taxes or to claim tax-exemptions.
White-collar crime also thrives in the insurance business, where both insured and insurers make significant profits making false and fabricated claims. It is not uncommon for deliberate burning of houses, destruction of cars and even murders are planned representatives of decent society for their own enrichment. To take another example, although bribery is a crime punishable under section 165 of the Indian Penal Code, and both the briber and the bride giver are subject to the same punishment, nevertheless, some commercial agents and public officials commit this crime for personal gain and the legal restrictions provided for this purpose are hardly adequate for curbing the menace.
Other areas of white collar crime are black marketing, malpractice or engineering profession, food and drug adulteration, hoarding, monopoly and breach of trust, etc.
In summary, like other criminals, white-collar behavior is best explained through a process of differential association. This is a common explanation for both white collar and blue collar crime. Those who turn white collars, usually start their careers in good neighborhoods and good houses, are well educated with some idealism and get into special business situations in which crime is practically folklore, and are introduced into this system of behavior just like any other folklore. In a country like India, where widespread famine and mass illiteracy affect people’s lives, white-collar crime is bound to multiply in large proportions. Combating these crimes is a major challenge for the administration of criminal justice in this country.