Journal of Financial Crime: Volume 11 Issue 3

International controls of corruption: recent responses from the USA and the UK

Peter Johnstone, George Brown

Describes how the USA and UK have established many and varied tough new provisions in the fight against crime, and corruption in particular. Traces the long history of corruption…

Exotic embezzling: investigating off‐book fraud schemes

Thomas Buckhoff, James Clifton

Defines on‐book and off‐book fraud: the former occurs when theft takes place after the recording of money on the victim company’s books, the latter when it occurs after recording…

The underground economy in Poland and its control

Janusz Bojarski

Analyses the underground economy in Poland as containing both hidden and illegal production: the former refers to illegal drugs, for example, and is not measured by the Polish…

Whistleblowing and the American experience: has anything changed?

Henry H. Rossbacher

Discusses briefly recent developments in US attitudes towards corporate fraud and the role of lawyers in exposing these scandals. Recounts how the years 1997‐2000 saw US companies…

Education as a new approach to fighting financial crime in the USA

Bonita K. Peterson

Describes recent attempts to help auditors fight financial crime in the USA, focusing on the new Statement on Auditing Standard (SAS). Indicates however auditors may lack…

Preventing corporate scandals

Mohammed B. Hemraj

Defines fraud as deliberate deception to obtain illicit material gain, and includes embezzlement and asset misappropriation in the definition. Assesses what constitutes auditors’…

The “Ne bis in idem” rule in Iranian criminal law

Mansour Rahmdel

Explains the “Ne bis in idem” rule, which is that the criminal must not be punished twice for the same crime, and it requires recognition of the international effectiveness of…

Money laundering in Canada: a quantitative analysis of Royal Canadian Mounted Police cases

Stephen Schneider

Analyses how money made from entrepreneurial crime is disbursed through Canada’s legitimate economy; this is one of the first quantitative studies of money laundering using a…

Transparency and accountability reconsidered

Denis Osborne

Explores the concepts of transparency and accountability and assesses how they can be increased, relating this to the control of corruption and to effective democracy, and…