Yes, corporations can be deemed responsible for white-collar crimes based on specific legal principles. Corporate criminal liability entails holding a corporation accountable for the illicit activities carried out by its employees, officers, or agents
A company found guilty of white-collar crimes may face a range of penalties, such as fines, restitution, and asset forfeiture. Additionally, regulatory agencies have the authority to impose civil penalties, and corporations may encounter damage to their reputations, face shareholder claims, and suffer other repercussions.