The confluence of white-collar crimes and digital financial frauds: an empirical investigation

In the current digital era, the spread of online commerce and digital financial transactions have become a cradle for the emergence and proliferation of white-collar crimes. The confluence of white-collar crimes and digital financial frauds has become a major concern in contemporary society. This empirical investigation explores into the meshed nature of these phenomena, aiming to investigate patterns and mechanisms and the level of awareness about the way of handling the digital financial fraud. Data and information were collected form 50 respondents, who have become prey to digital financial frauds in the state of Kerala. Statical analysis of data collected from 50 respondents are the tools intended for analysis and interpretation. This study seeks to identify common trends in fraudulent practices and the impact on victims. Ultimately, this investigation provides a comprehensive framework for understanding and combating the convergence of white-collar crimes and digital financial frauds in the modern era. First part of the paper will give introduction, review of literature, research problem and objectives, hypothesis, and theoretical aspect. In the second part detailed analysis of empirical study and findings, recommendations and future research directions are given.