This happens when you run your code on the 64-bit version of Windows. The navigation bar says that you are looking at c:\windows\system32. But you actually see the content of c:\windows\syswow64. The same thing happens when you navigate to c:\program files. You'll actually see the content of c:\program files (x86). There is no 32-bit version of SnippingTool.exe so it is missing from the list.
This is an appcompat feature called "File system redirection". Designed to give 32-bit programs a fighting chance to survive on a 64-bit operating system.
You turn it off by allowing your program to run as a 64-bit process. Right-click your EXE project, Properties, Build tab. Change the Platform target setting to AnyCPU. On VS2012 and up, untick the "Prefer 32-bit" option.