White-collar crime in Bangladesh refers to non-violent financial crimes typically committed by individuals, businesses, or government officials in positions of trust and authority. Some common types of white-collar crimes in the Bangladeshi context include:
1. Corruption: Corruption is a significant issue in Bangladesh, involving bribery, embezzlement, and abuse of power. It affects various sectors, including government, law enforcement, and business.
2. Bank Fraud: This includes various fraudulent activities in the banking sector, such as loan fraud, check kiting, and embezzlement by bank employees or customers.
3. Securities Fraud: Manipulating stock prices, insider trading, and misrepresentation of financial information by individuals and corporations can be observed.
4. Tax Evasion: Individuals and businesses may underreport their income or engage in tax evasion to reduce their tax liabilities.
5. Money Laundering: Illegal funds are often laundered through the financial system to make them appear legitimate. Bangladesh has taken steps to combat money laundering, but it remains a concern.
6. Cybercrime: With the increasing use of technology, cybercrimes like hacking, online scams, and identity theft have become more prevalent.
7. Environmental Violations: Some white-collar crimes involve businesses ignoring environmental regulations and engaging in activities harmful to the environment.
Efforts to combat white-collar crime in Bangladesh include legal reforms, the establishment of anti-corruption bodies, and international cooperation through organizations like the Anti-Corruption Commission (ACC) and Financial Action Task Force (FATF). However, challenges persist, and the country continues to work on addressing these issues.