Question

Why is white collar crime is so difficult to address with law enforcement and regulatory efforts?

Answer 1

The reasons why white collar crime is so difficult to address with law enforcement and regulatory efforts is mentioned below:

- White collar crimes are seen as non threatening. People who commit the crimes are citizens of respect in society.

- They are also non-violent crimes with difficult to identify victims. Thus, the law and regulatory authorities perceives it as a mere bad judgement on part of some individuals.

- White collar crimes do not draw an intense response from the public as well as the authorities. They are not seen as priority.

- Due to lack of personnel and resources, white collar crimes are just not given the importance they deserve.