What are the three main criticisms of white-collar crime?

3 Criticisms of white-collar crime

1. White-collar crime is a non-legal term which refers to certain criminal acts but it does not specifically name the criminal acts to which it has reference.

2. It refers to a certain type of person, namely, a member of the upper socioeconomic class but does not provide specific criteria by which to determine the social class of the person involved.

3. The criminal law in defining the acts that are usually referred to by the term ‘white-collar crime’ does not make any distinction regarding the social class of the offenders. Thus, there are no official sources of criminal statistics by which to estimate the incidence of white-collar crime.

There are imperfections in the criminal law and its procedure. The remedy for this is not to disregard the preventive devices it has created to shield the innocent.

The correct approach to this crime lies in redefining occupational crime, in the improvement of the criminal law, in the stricter enforcement of its provisions, and in the vigorous but unbiased and impartial prosecution of the accused.