This article analyses how the monies generated for, and from, corporate financial crimes are controlled, concealed, and converted through the use of organisational structures in the form of otherwise legitimate corporate entities and arrangements tha...
Despite the potential importance of crime rates in investments, there are no indices dedicated to evaluating the financial impact of crime in the United States. As such, this paper presents an index-based insurance portfolio for crime in the United S...
The rapid development of digital finance has changed all aspects of human life and has also had a deep impact on the social governance system. This paper constructs an unbalanced panel of data of the theft crime rates for 289 cities in China during 2...
Longer-term projections indicate that today’s developing and rising nations will account for roughly 60% of the global GDP by 2030. There is tremendous financial growth and advancement in developing countries, resulting in a high demand for per...
The capacity of the United Kingdom (UK) to prosecute technology-enabled financial and economic crime (FEC) is increasingly shaped by the Collingridge dilemma. Even though the dilemma was broadly conceptualized in technology governance, its applicatio...
22 January 2022
While the majority of studies on the fear of crime focus on the impact of violent and property crimes at the population level, financial fraud against senior citizens is often under-investigated. This study uses data collected from 1061 older citizen...
Corporate crime is a widespread societal issue that causes significant physical, emotional, and financial harm. Despite its prevalence, research examining its effects from a public health perspective remains limited. This viewpoint paper, informed by...
Tax amnesty programs are often used by governments to improve tax compliance and to increase tax revenue. However, the policy choice to provide a tax amnesty often results in adverse consequences, including the violation of other legal rules. For thi...
As the global economy undergoes rapid digital transformation, cryptocurrencies have emerged as a prominent alternative class of financial assets. Their decentralized nature, pseudonymity, and lack of centralized oversight have attracted considerable...
Legalization of the proceeds of crime represents a worldwide problem with serious economic and social consequences. Information technologies in conjunction with advanced computer techniques are important tools in the fight against money laundering (M...
Economic and financial crime is closely related to the changes and the development of societies. In this paper, we question whether the types of economic and financial crimes change as the society develops or not. For our purpose, we use the sample o...
Large language models (LLMs) are being adopted rapidly in financial institutions for applications including customer communication, compliance review, fraud detection, and agentic workflows, but without bias evaluation, they risk reinforcing systemic...
Open banking reshapes the financial sector by enabling regulated third-party providers to access bank data through APIs, fostering innovation but amplifying operational and financial-crime risks due to increased ecosystem interdependence. To address...
The journal retracts the article entitled “Can Digital Financial Inclusion Help Reduce Urban Crime [...]
The authors Monica Violeta Achim and Sorin Nicolae Borlea structured their book entitled “Economic and Financial Crime: Corruption, shadow economy, and money laundering” in four major parts [...]
Background: White-collar crime causes major economic and social harm, yet research on its psychological mechanisms remains fragmented across criminology, behavioral ethics, accounting and finance. Objective: To synthesize research on cognitive biases...
Artificial intelligence is changing the world in unprecedented ways and redefining all areas of human activity. In recent decades, the development of AI has progressed at an extraordinary pace. This study examines the scope of implementing AI in the...
This article examines vulnerability to counterfeit currency fraud in Bulgaria by assessing citizens’ competence in recognizing genuine banknotes of the national currency (BGN) prior to the introduction of euro banknotes in 2026. Counterfeit ban...
Financial fraud and money laundering continue to challenge financial stability and regulatory oversight, motivating the widespread adoption of machine learning models for transaction monitoring. Although ensemble models such as Random Forest and XGBo...
Human trafficking, a grave violation of human rights, frequently intersects with financial crimes, notably identity theft and coercive debt accumulation. This creates complex challenges for victims, survivors, and law enforcement. Victims of human tr...
In recent years, there has been a sharp increase in the number of online fraud cases. However, research on crime geography has paid little attention to online crimes, especially to the influencing factors behind their spatial distributions. Online fr...
With rapid urbanization, the spatial layout and functional characteristics of urban facilities have a strong correlation with the spatial distribution of criminal activities. Using Changsha City as a case study, this research analyzes 2023 urban crim...
In today’s world, security is the most prominent aspect which has been given higher priority. Despite the rapid growth and usage of digital devices, lucrative measurement of crimes in under-developing countries is still challenging. In this wor...
To fight corruption, money laundering, and organized crime, a proposed APUNCAC Beneficial Owner Rule would require financial service personnel to obtain and submit certification by the true beneficial owner when covered funds are transacted in amount...
The negative effect of financial crimes on financial institutions has grown dramatically over the years. To detect crimes such as credit card fraud, several single and hybrid machine learning approaches have been used. However, these approaches have...
5 April 2023
The European population is aging, which means more people aged sixty-five and over are at risk of financial exploitation. However, there is a lack of consensus regarding whether older persons are at greater risk of fraud than younger counterparts due...
Urban safety is a critical concern for sustainable city development, with crime patterns often linked to localized environmental factors. Understanding the spatial dynamics of safety is critical for informed design and planning of urban environments....
Practical challenges and special threats from scam-related fraud exist for regional and local communities in Southeast Asia during and after the COVID-19 pandemic. The rise in pig-butchering operations in Southeast Asia is a major concern due to the...
The influence of political stability on financial crime remains a subject of ongoing debate. While stability is often associated with policy continuity, regulatory credibility, and more effective enforcement, an alternative view suggests that unstabl...
This study examines perceived anti-money laundering (AML) effectiveness in the context of cryptocurrency usage in Nigeria, with particular emphasis on perceived regulatory awareness and institutional experience. As cryptocurrency adoption continues t...
This study investigates the evolution of cybercrime in Greece by analyzing data from the Cyber Crime Division of the Hellenic Police. By combining 2023 statistics with earlier national and international data (e.g., Europol, FBI), this study presents...
This study examines some of the documentation tools and techniques that forensic accountants, internal auditors, external auditors, and others can use to document accounting and financial reporting systems under investigation. While prior research ha...
Street crime is a critical public concern, attracting wide social and research attention. Conventional solutions to reduce street crimes are dispatching more police force in patrol and installing more cameras for street surveillance, which, however,...
The current study is primarily concerned with the developments in financial technology, or fintech, that have significantly altered traditional financial systems, focusing on several risk categories that have emerged in the financial technology secto...
As cybercrime proliferates globally, law enforcement agencies face significant challenges in responding effectively. This essay shares perspectives from Singapore, where cybercrime accounted for about 70% of the total annual crime in 2023, with no cl...
This study assesses public trust in Bahrain regarding the potential of artificial intelligence (AI) to mitigate the use of cryptocurrencies in financial fraud and terrorist financing. The increasing risks associated with illicit financial activities...
The criminalization of abuse, neglect, and financial exploitation of older adults did not begin until the late 1990s in the United States. During this time, a number of states enacted laws criminalizing certain abusive and exploitive behaviors commit...
This study unravels trends and momentum in banking and mobile money channels and uptake of select services and thereafter draws implications for enhancing financial inclusion through Digital Financial Services (DFS). The Rate of Change (ROC) approach...
Sextortion has rapidly expanded into a global cyber-enabled crime that leverages anonymous digital communication and decentralized payment systems. This study examines the financial infrastructures underlying contemporary sextortion by conducting a t...
This article aims to forecast the information trends related to the most popular cyberattacks, seen as the cyber-crimes’ consequences reflecting on the Internet. The study database was formed based on online users’ search engine requests...
This study examined the current developments in customer due diligence (CDD) in the financial technology (FinTech) era. The study of anti-money laundering (AML) and combating financing of terrorism (CFT) gained prominence after the 2007–2009 gl...
The economic crisis triggered by the COVID-19 outbreak has severely affected the global economy. The ultimate scale of the recession is yet to be determined, but it is likely to be the most dramatic slump since World War II. The impact of the crisis...
Brownfield redevelopment projects are often perceived as more risky than greenfield investment, and financing opportunities may be more limited and expensive. Different financial support projects have been developed to support regeneration projects,...
The number of money laundering crimes for Ethereum and the amount involved have grown exponentially in recent years. However, previous studies related to anomaly detection for Ethereum usually consider multiple types of financial crimes as a whole, i...
Testing of evidence in criminal cases can be limited by temporal or financial constraints or by the fact that certain tests may be mutually exclusive, so choosing the tests that will have maximal impact on the final result is essential. In this paper...
The rise in illicit financial activities across the South Africa–Zimbabwe corridor, with an estimated annual loss of $3.1 billion demands advanced AI solutions to augment traditional detection methods. This study introduces FALCON, a groundbrea...
The growth of the older adult population, their wealth accumulation, and vulnerabilities from aging have contributed to increasing rates of abuse, fraud, and financial exploitation. However, the current responses and services are fragmented and ineff...
The intricate relationship between financial fraud and credit risk, and their combined impact on banking stability, is a vital and under-researched aspect of financial system integrity. To fill this knowledge gap, this study embarked on a thorough bi...
Livestock theft remains a deeply entrenched and economically damaging form of rural crime in South Africa, with significant implications for food security, community trust, and agricultural sustainability. This exploratory study critically evaluates...
Background/Objectives: Rape myth acceptance (RMA) may influence how older victims perceive their experiences of sexual violence (SV) and, consequently, their mental health. This study examined the associations between RMA, the framing of SV experienc...
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