Journal of Financial Crime
Issue(s) available: 124 – From Volume: 1 Issue: 1, to Volume: 31 Issue: 2
How fraud impacts individuals’ wellbeing – academic insights and gaps
Rasha KassemThis paper aims to discuss the impact of fraud on individuals’ wellbeing by drawing on insights from the academic literature. It also highlights literature gaps and suggests new…
Fraud risk implications of celebrity SPACs
Reem Zaabalawi, Gregory Domenic VanderPyl, Daniel Fredrick, Kimberly Gleason, Deborah SmithThe purpose of this study is to extend the Fraud Diamond Theory to celebrity Special Purpose Acquisition Companies (SPACs) and investigate their post-Initial Public Offering (IPO…
Do cybersecurity threats and risks have an impact on the adoption of digital banking? A systematic literature review
Natile Nonhlanhla Cele, Sheila KwendaThe purpose of the study is to identify cybersecurity threats that hinder the adoption of digital banking and provide sustainable strategies to combat cybersecurity risks in the…
Guardians of the vault: unmasking online threats and fortifying e-banking security, a systematic review
Iftikhar Ahmad, Salim Khan, Shahid IqbalThe purpose of this paper is to investigate and analyze the adoption of digital technologies in the banking industry and its impact on the rise of digital fraudulent activities…
Adopting fraud diamond theory to predict factors of asset misappropriation fraud among police officers
Mohd Azril Rezza Mohd Razmin, Amri Mohamad, Maheran ZakariaThis study aims to investigate the factors that influence asset misappropriation fraud among police officers in the Internal Security and Public Order (Malay: Keselamatan Dalam…
The impact of Islamic of corporate social responsibility on social welfare with financial fraud as moderating: study in Indonesia
Tarjo Tarjo, Alexander Anggono, Zakik Zakik, Shahrina Md Nordin, Unggul PriyadiThis study aims to empirically examine the influence of Islamic corporate social responsibility (ICSR) on social welfare moderated by financial fraud.
The cryptocurrency conundrum: the emerging role of digital currencies in geopolitical conflicts
Milind Tiwari, Cayle Lupton, Ausma Bernot, Khaled HaltehThis paper aims to investigate technological innovations within the crypto space that have engendered novel financial crime risks and their potential utilization amidst…
Deciphering the shadows: an empirical exploration of corruption’s impact on SMEs credit costs in OECD countries
Anas Al Qudah, Usama Al-Qalawi, Ahmad AlwakedThis study aims to investigate the intricate relationship between corruption and the credit costs faced by small and medium-sized enterprises (SMEs) in OECD countries, a critical…
Can the consumer perception of corporate social responsibility be saved? An examination into the effects of corporate greenwashing on the consumer and financial market
Fabian Maximilian Johannes Teichmann, Chiara Wittmann, Sonia Ruxandra Boticiu, Bruno Sergio S SergiThe purpose of this paper is to examine the influence that the occurrence of greenwashing has on the consumer perception of corporate social responsibility (CSR).
Legal guidelines for identifying online illegal fund-raising crimes in China
Jingkun LiuThis paper aims to elucidate the responsiveness of China’s judicial system in addressing the challenges of identifying online illegal fund-raising crimes that have emerged in…
Foreign corrupt practices act violations and enforcement
Adam W. Du Pon, Andrea M. Scheetz, Zhenyu “Mark” ZhangThis study aims to examine the determinants of Foreign Corrupt Practices Act (FCPA) violations and consequences of FCPA enforcements.
Unmasking company liability for corruption by associated persons
Nurazlina Abdul Raof, Norazlina Abdul Aziz, Nadia Omar, Wan Liza Md Amin @ FahmyThe Malaysian Anti-Corruption Commission Act 2009 (MACC Act) has introduced Section 17 A, which holds companies and their management accountable for bribery committed by their…
The Belt and Road Initiative: conflict of laws and dispute resolution
Veltrice TanThis paper aims to determine the adaptability of China’s legal system in recognizing and enforcing foreign judgements in China.
Nexus of liquidity creation, profitability and bank stability with the moderating role of corruption: an empirical analysis
Misbah Javid, Khurram Ejaz Chandia, Qamar Uz Zaman MalikThis study aims to investigate the impact of liquidity creation (LC) on the profitability and stability of banks while considering the moderating role of corruption.
Bounded rationality of prosecutorial decision-making in corporate fraud violations
Claire Nolasco Braaten, Lily Chi-Fang TsaiThis study aims to analyze corporate mail and wire fraud penalties, using bounded rationality in decision-making and assessing internal and external influences on prosecutorial…
Where is the life we have lost in living (beyond means)? An exploratory inquiry into the deceptive world of corruption and consumerism
Hendi Yogi PrabowoThe primary purpose of this exploratory paper is to propose a novel analytical framework for examining corruption from a behavioral perspective by highlighting multiple issues…
Analysis of cyberfraud in the South African banking industry: a multiple regression approach
Oluwatoyin Esther Akinbowale, Polly Mashigo, Mulatu Fekadu ZerihunThe purpose of this study is to analyse cyberfraud in the South African banking industry using a multiple regression approach and develop a predictive model for the estimation and…
Ponzi schemes in Brazil: what leads people to still invest in this fraud?
Thiago Da Silva Telles Constantino, Antônio Carlos Magalhães Da Silva, Maria Aline Moreira De Oliveira ConstantinoMost scientific research has focused on understanding Ponzi schemes from the point of view of the schemes and their operators, based on qualitative analysis. This paper aims to…
Belt and Road Initiative: legal mechanisms to recover stolen assets
Veltrice TanThis paper aims to determine the types of legal mechanisms that authorities can use to recover stolen assets for and from China.
Transparency and budget savings in public procurement: evidence from Thailand’s Infrastructure Transparency Initiative (CoST)
Tippatrai Saelawong, Torplus Yomnak, Thanee Chaiwat, Siwat Poopunpanich, Charoen SutuktisThis study evaluates the effect of transparency measures on public procurement efficiency, focusing on Thailand’s Infrastructure Transparency Initiative (CoST). This study aims to…
A critical analysis of the cross-border financial crime risks inherent in the African continental free trade area
Ehi Eric EsoimemeThis paper aims to provide authorities managing free trade zones, business enterprises, financial institutions and dedicated free zone customs, police and immigration command…
Motivational processes involved in the behavior of the financial statement fraudster
Caroline de Oliveira Orth, Fernanda Momo, Mariana Manfroi da Silva Bonotto, Giovana SchiaviThis study aims to develop and validate the scale of the Behavioral Regulation for the behavior of the Financial Statement Fraudster, from the perspective of the Organismic…
Pseudocide: dying to get away with it
Jonathan Nash, Richard G. Brody, Frank S. PerriWhen an individual leaves evidence to suggest that they are dead to mislead others, they are committing “pseudocide.” This study aims to examine pseudocides performed for the…
On the road to halting corruption: SNC-Lavalin
Anne Marie Gosselin, Sylvie BerthelotJust like human beings, some companies engage in recurrent bad behaviour that negatively impacts their stakeholders and their prospects for long-term survival. For example, some…
Money laundering: effectiveness of the corporate social responsibility (CSR) law in the UAE
Tareq Na′el Al-TawilThe purpose of this paper is to examine the extent to which the corporate social responsibility (CSR) law will help combat money laundering in the United Arab Emirates (UAE).
Mapping romance fraud research – a systematic review
Rasha Kassem, Elisabeth CarterThis paper aims to systematically review over two decades of academic articles on romance fraud to provide a holistic insight into this crime and identify literature gaps.
From later to sooner: exploring compliance with the global regime of anti-money laundering and counter-terrorist financing in the legal profession
Doron Goldbarsht, Katie BensonThe legal profession is vulnerable to abuse for the purposes of money laundering and terrorist financing. According to the Financial Action Task Force (FATF), that vulnerability…
“Pay back the money” – a paper on criminal and civil asset forfeiture within South Africa and suggestions for reform
Llewelyn Gray CurlewisThe purpose of this paper is to bring to light the present civil and criminal asset forfeiture procedures within the South African context and to make suggestions for reform…
Is aggressive tax planning a failure of tax adviser integrity?
Henry OrdowerThis paper aims to address the fundamentals of tax planning and seeks to focus on the opportunities and root causes for tax planning.
The risk of political instability and the performance of Islamic banks: does corruption matter?
Zuhairan Yunmi Yunan, Majed Alharthi, Saeed Sazzad JerisThis study aims to investigate the relationship between political instability and the performance of Islamic banks in emerging countries.
Islamic crowdfunding and Shariah compliance regulation: problems and oversight
Al Sentot Sudarwanto, Dona Budi Kharisma, Diana Tantri CahyaningsihThis study aims to identify the problems in shariah compliance and the weak oversight of implementing Islamic crowdfunding (ICF). Shariah compliance regulation is an essential…
Anti-corruption corporate disclosures and earnings management: evidence from a developed market
Mohamed Esmail Elmaghrabi, Ahmed DiabThis study aims to examine the association between anti-corruption corporate disclosure and earnings management practices by bringing evidence from a developed market.
“Fake it to make it”: exploring product counterfeiting in Türkiye
Dilara Bural, Anthony Lloyd, Georgios A. Antonopoulos, Justin KotzéThis paper aims to explore the issue of product counterfeiting in Türkiye and assess Türkiye’s role in the global supply chain of counterfeit goods. It sheds light on the…
Operational resilience in light of the war in Ukraine: the disruptive effect of implementing economic sanctions on financial service providers
Fabian Maximilian Johannes Teichmann, Chiara Wittmann, Bruno S. SergiThe operational resilience of financial service providers is strained to an unprecedented extent following the Russian aggression in the Ukraine and the subsequent implementation…
Effectiveness criteria of suspicious transaction reporting for early detection of terrorist financing activities
Hussain Syed GowhorThis study aims to evaluate the suspicious transaction reporting (STR) as a financial intelligence tool to identify the potential strengths and limitations of STR and to come up…
Legitimacy of power exercised by FATF under international law
Lovina E. Otudor, Mahmood BagheriThis study aims to focus on the legal status of the Financial Action Task Force (FATF) regulatory spread in spite of its limited membership in international law. This is conducted…
Role of gender in white-collar crime: an examination of the emancipation and focal concerns hypotheses
Chander Mohan Gupta, Petter Gottschalk, Maryam KamaeiThis paper aims to understand the involvement of women in white-collar crime (WCC) also referred to as pink-collar crimes. WCC is present around the globe and has created a word…
Bullying prevention and intervention strategies under UAE law
Tareq Na’el Al-Tawil, Salam AbdallahThe purpose of this paper is to examine the nature of cyberbullying and corresponding strategies being used under the New United Arab Emirates (UAE) Cybercrimes Law.
A holistic qualitative exploration on the perception of scams, scam techniques and effectiveness of anti-scam campaigns in Malaysia
Sharon Wilson, Nor Azlili Hassan, Kheng Kia Khor, Santhidran Sinnappan, Afi Roshezry Abu Bakar, Soon Aun TanScams are indeed malicious attempts to influence people and can take many forms, including online scams. With the increasing availability of technology, scammers have more tools…
Fathoming fraud: unveiling theories, investigating pathways and combating fraud
Abinash Mandal, Amilan S.Although corporations exert considerable efforts to uphold ethical standards in their business operations, fraud instances persist as an enduring and formidable challenge within…
Securities regulation and capital market development in Nigeria: recurring challenges and prospect for solution
Samuel Ihuoma Nwatu, Edwin Chukwuemeka Arum, Ikechukwu P. ChimeThe purpose of this paper, therefore, is to amplify the imperativeness for a re-oriented regulatory approach that prioritizes constructive engagement with the regulated…
The potential of corruption based on Hofstede cultural dimensions and institutional quality: an international evidence
I Putu Mega Juli Semara Putra, Ranto Partomuan SihombingThis paper aims to investigate the risk of corruption in several countries based on the cultural dimensions of Hofstede and institutional quality (IQ).
The risk of fraudulent letter of credit transactions in Bangladesh: a growing threat to Bangladesh’s economy
Rushmila Bintay Rafique, Tamara Joan DuraisingamThe purpose of this paper is to focus on managing the risk of fraud in commercial letters of credit (LC) in Bangladesh involving three parties: the seller, the buyer and the bank…
Is the counterfeit currency mechanism strictly enforced by banks and regulatory authorities?
Suman Garg, Renu AggarwalCounterfeit currency ranges from a low-quality colour scanner/printer notes to high-quality counterfeits produced by hostile powers. Detecting counterfeit money notes is a…
Gift or bribe? The characteristics and the role of gift policies in the prevention of corruption
Dominic Peltier-RivestThis paper aims to explore the current trends in corruption and investigate the characteristics of corporate gift policies and their role in preventing bribery.
A critical analysis of commercial forensic interviewing techniques applicable in a South African context
Constant Van Graan, Vera Roos, Matthews KatjeneA significant increase in financial crime globally emphasises the importance of forensic interviewing to obtain useful and reliable information as part of a commercial forensic…
A red flag checklist for cryptocurrency Ponzi schemes
Christiaan Ernst (Riaan) HeymanThis study aims to, firstly, develop a red flag checklist for cryptocurrency Ponzi schemes and, secondly, to test this red flag checklist against publicly available marketing…
Corruption and economic growth in Nigeria: dynamic causality and asymmetric relationships
Ibrahim Abdulhamid DanlamiThis study aims to intend to investigate the dynamic causality and asymmetric relationships between corruption and economic growth of Nigeria.
Cyberattacks in the context of international law enforcement
Deymah AlweqyanThis paper aims to manage the dilemma of cyberspace operations, as the incidence of cybercrimes has increased tremendously in the past few decades, turning cyberspace into a field…
Unmasking online fake job group financial scams: a thematic examination of victim exploitation from perspective of financial behavior
Wahyu Fahrul RidhoThe purpose of this study is to critically examine a prevalent online scam mechanism, with the aim of understanding its exploitation of behavioral finance principles and group…
Financial disclosure manipulation: a virtue ethics perspective
Christopher J. DemalineFinancial disclosure manipulation is unethical and unlawful because it leads to less transparent reporting and harmful economic decisions based on misleading information. The…
An analysis of stockbroking frauds and regulatory action in India
Rajyalakshmi KandukuriStockbrokers’ frauds in India frequently occur, causing investors significant financial loss. This study aims to unfold the various dubious practices adopted by stock brokers in…
The effect of financial literacy, financial behaviour and financial stress on awareness of investment scams among retirees
Eley Suzana Kasim, Noor Rohin Awalludin, Nurazilah Zainal, Allezawati Ismail, Nurul Huda Ahmad ShukriThis study aims to investigate the effects of financial literacy, financial behaviour and financial stress on awareness of investment scams among retirees.
What factors are associated with public corruption perception? Evidence from Canada
Joseph Yaw Asomah, Eugene Emeka Dim, Yiyan Li, Hongming ChengCorruption perception is essential to study because it can shape people’s attitudes toward the government. Thus, the purpose of this paper is to address this key question: what…
A comparative analysis on the nexus between corruption and firm performance for a selection of Western Balkan countries
Ermira Kalaj, Ela GolemiThis paper aims to focus on analyzing the level of corruption of small- and medium-sized enterprises and their economic performance impact in Western Balkan countries. This study…
Consensus on the role of culture in restraining financial crime: a systematic literature review
Dewi Nur MaulidiyahNo country is free from financial crime issues. Therefore, this paper aims to discover how to control financial crime from the perspective of national culture.
Content analysis of American consumers’ credit card fraud complaints filed with the Consumer Financial Protection Bureau
Hooman Estelami, Kevin LiuEvery year, millions of consumers around the world become victims of credit card fraud. These individuals have to appeal to their credit card companies to reverse unauthorized…
Personal responsibility and knowledge about money laundering: a study with Brazilian accountants
Jonatas Dutra Sallaberry, Lauren Dal Bem Venturini, Isabel Martínez-Conesa, Leonardo FlachThis study aims to analyze the relationship between the personal responsibility, the intrinsic knowledge of the norms and the knowledge of signs of money laundering of accountants.
A scientometric analysis of the structure and trends in corporate fraud research: a 66-year review
Godfred Matthew Yaw Owusu, Theodora Aba Abekah Koomson, George Nana Agyekum DonkorThis paper aims to review corporate fraud, as a concept, and the emerging research trends in corporate fraud research from 1957 to 2022 using bibliometric analysis techniques.
Individual residence and identity theft: how residential characteristics shape exposure and risk of offline and online identity theft victimization
Alexander Joseph Vanhee, Rachel McNealeyThe purpose of this study is to examine the effect of micro-level place on identity theft victimization. This study uses the 2016 Identity Theft Supplement (ITS) to investigate…
Corruption fight in the Czech Republic: sustainability reports evidence
Tomas KristekThe lack of transparency contributes to the growing corruption problem in various spheres of society. This paper aims to analyse the sustainability report disclosures published by…
The corruption-foreign direct investment nexus in sub-Saharan Africa. Fresh evidence from a panel threshold regression approach
John Kwaku Amoh, Abdallah Abdul-Mumuni, Randolph Nsor-Ambala, Elvis Aaron AmenyitorMost emerging economies have made conscious efforts through policy initiatives to attract foreign direct investment (FDI). However, a significant obstacle to FDI inflow has been…
“Everyone freaks out when the leaks are made”: data leaks, investigative journalism and intelligence practice
Benjamin ScottThis paper aims to examine the history of data leaks and investigative journalism, the techniques and technology that enable them and their influence in Australia and abroad. It…
Impediments during the execution of a search and seizure warrant for digital information by forensic investigators in South Africa
Jacobus Gerhardus J. Nortje, Daniel Christoffel MyburghThis paper aims to identify impediments, discuss impediments and make recommendations for the impediments during the execution of a search and seizure warrant for digital evidence…
Tackling corruption in the distribution of Covid-19 palliatives and public health facilities in Nigeria: legal insights and strategic blueprint for future emergencies
Olusola Joshua Olujobi, Tunde Ebenezer YebisiThe purpose of this study is to examine the corruption prevalent in the distribution of COVID-19 palliatives during the lockdown and movement restrictions in the country. This…
Accounting fraud and corporate sustainability: Chinese listed companies
Md Jahidur Rahman, Jiadan Xuan, Hongtao Zhu, Md Moazzem HossainThe purpose of this study is to determine the relationship between accounting fraud and corporate sustainability.
Tax evasion and money laundering through crowdfunding: a comparative study of the laws of Mauritius, UK and US
Ambareen BeebeejaunThe phenomenal proliferation of crowdfunding platforms raises concerns on the heightened occurrence of financial crimes since billions of funds are exchanged through these online…
Economic freedom, corruption and bank stability: evidence from sub-Saharan Africa
Baba Mohammed Adam, Emmanuel Sarpong-Kumankoma, Vera FiadorThis study aims to examine the impact of economic freedom and corruption on bank stability in sub-Saharan Africa (SSA).
Impediments during the compilation of a search and seizure warrant for digital information by forensic investigators in South Africa
Jacobus Gerhardus J. Nortje, Daniel Christoffel MyburghThe purpose of this paper is to identify and discuss impediments in the compilation of an application for a search and seizure warrant for digital evidence and the structure of…
Does blacklisting cause a boomerang effect in combating illicit financial flows? Evidence from developing countries
Nibontenin Yeo, Dorcas Amon Ahizi, Salifou Kigbajah CoulibalyTax evasion and money laundering have become important sources of illicit financial flows in developing countries. Foreign capital flows used by shell corporates are generally…
Cross-jurisdictional financial crime risks: what can we learn from the UK regulatory data?
Mete FeridunFinancial crime presents a serious threat to the stability and integrity of the global financial system. To combat illicit financial activities, regulatory bodies worldwide have…
How can sustainability be effectively regulated?
Fabian Maximilian Johannes Teichmann, Chiara WittmannThis paper aims to examine the fundamental conditions which are necessary for the construction of a regulation which will affect a genuine advancement in the context of…
How compatible is the principle of neutrality with the implementation of economic sanctions? An examination into Switzerland’s use of sanctions
Fabian Maximilian Johannes Teichmann, Chiara WittmannThe current political situation in Europe has amplified economic sanctions as a retaliatory measure for states not directly involved in the conflict but wanting to influence the…
Wirecard scandal. A commentary on the biggest accounting fraud in Germany’s post-war history
Fabian Maximilian Johannes Teichmann, Sonia Ruxandra Boticiu, Bruno S. SergiThe purpose of this paper is to illustrate how the Wirecard scandal has highlighted the need for further reforms in Germany and Europe, exposing institutional and market oversight…
What makes an economic sanction effective?
Fabian Maximilian Johannes Teichmann, Chiara WittmannThis paper aims to elucidate the practical and theoretical mechanisms which contribute to the perception of an economic sanction’s effectiveness as a foreign policy tool.
Compliance issues in arbitration proceedings – bribery, money laundering and other abuses
Fabian Teichmann, Sonia Ruxandra Boticiu, Bruno S. SergiThe purpose of this study is to provide a firsthand perspective on the challenges and risks that can arise in arbitration proceedings.
Compliance risks for crowdfunding. A neglected aspect of money laundering, terrorist financing and fraud
Fabian Teichmann, Sonia Ruxandra Boticiu, Bruno S. SergiThis study aims to highlight the risks and threats posed by crowdfunding. It also looks at the new European Union regulation on crowdfunding, which is intended to give…
Compliance concerns in sustainable finance: an analysis of peer-to-peer (P2P) lending platforms and sustainability
Fabian Maximilian Johannes Teichmann, Sonia Ruxandra Boticiu, Bruno S. SergiThis study aims to analyze the relationship between financial sustainability and peer-to-peer (P2P) lending platforms.
ISSN:
1359-0790Online date, start – end:
1993Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider