Introduction In contemporary society the phenomenal rise in magnitude of white collar crimes throughout the world involving lop leaders, poses a serious threat to the economic structure of the countries. The Resignation of Japan Prime Minister on charges of corruption, the arrest of Korean Minister for bribery', fall of Italian Government, and the present crime-polluted atmosphere in India are glaring examples of white collar crimes which have shocked the human conscience and made the common man lose faith in the "Rule of Law." In this present devastating road to ruin, the character, morality, ethics and virtues seem to have no value and are publicly auctioned for money. In India, the stream of scams continue to unfold every now and again, and the prevailing corruption has assumed wide ranging dimensions. While these crimes signify the plundering of the people's resources for the selfish enrichment of the powerful persons, the judicial s ....