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Regulatory and Legal Reforms: Instances of white-collar crime often prompt calls for regulatory and legal reforms to strengthen oversight and enforcement mechanisms. Governments may introduce new legislation, enhance regulatory agencies' powers, or increase penalties for offenders in an effort to deter future wrongdoing and restore public confidence. Overall, white-collar crime poses complex challenges for society, touching on issues of trust, justice, inequality, and governance. Addressing these challenges requires a comprehensive approach that involves both preventive measures, such as improved regulations and oversight, and responsive measures, such as effective law enforcement and support for victims.
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