Journal of Financial Crime
Issue(s) available: 127 – From Volume: 1 Issue: 1, to Volume: 31 Issue: 5
Success in small places: NCB forfeiture thrives in Manitoba, a small but mighty Canadian jurisdiction
Melinda Murray, Jeffrey SimserThis paper shows how a small jurisdiction can apply well-designed non-conviction-based (NCB) forfeiture provisions with a dedicated team to have a meaningful impact on financial…
Admissibility of illegally obtained evidence in money laundering cases in Pakistan
Muhammad Fahad AnwarThe purpose of this paper is to explore and evaluate the current legal position on the admissibility of illegally obtained evidence in money laundering cases in Pakistan.
Links between terrorism financing and organised crime in Nigeria
Bello UmarThis study aims to assess terrorism activities to identify measures required to mitigate the rise of terrorism activities and their metamorphosis into organised criminal activity…
Bibliometric analysis of banking frauds and scams literature
Anurag Shukla, Tarun KashniThis paper aims to undertake an evaluation of the research development and works associated with banking frauds and scams.
Commercial forensic interviewing in the South African context: the Ponaletso CFI framework
Constant Laubscher Van Graan, Vera Roos, Matthews KatjeneThe continued prevalence of financial crime and the lack of effective commercial forensic interviewing strategies prompted the development, presented here, of a conceptual…
Corruption impedes good governance in Somalia’s public sector
Mohamed Hassan Mudey, Rozita ArshadThe purpose of this paper is to understand the level of corruption in Somalia and the causes that lead to corruption that in turn hampers good governance.
Fair value accounting and untraceable financial crime
Tiago Cardao-PitoThe purpose of this study is to inquire about the structural possibility of “fair value” accounting being used to commit and conceal financial crimes such as fraud, theft, money…
Fraud risk of sovereign wealth funds: fraud triangle and agency theory perspectives
Manar Lootah, Kimberly Gleason, Deborah Smith, Taisier ZoubiThe purpose of this paper is to examine failures in internal and external controls associated with sovereign wealth funds (SWFs), using three caselets to illustrate the fraud…
Manipulating stock prices based on insider information
Luu Thu QuangThis paper aims to investigate the trading behavior of insider investors before and after information releases, identifying information-based manipulation in the stock market and…
Public perceptions of counterfeit drugs in Nigeria and the European Union
Adebowale Obe, Mark ButtonThe purpose of this paper is to examine the perception and experience of counter pharmaceuticals in Nigeria compared to the European Union.
Corporate anti-corruption disclosure and earnings management: evidence from East Africa community
Peter Nderitu GithaigaCorruption and earnings management remain a serious concern across the globe. In addition, corporate disclosure of anti-corruption practices is still in its infancy in developing…
Valeant pharmaceuticals fraud
Maude Belanger, Charles Hounwanou Dossa, Sanvee Menah Koffi, Isabelle Sauvageau, Nadia SmailiThe aim of this study is to examine the patterns of fraud present in Valeant’s 2014 and 2015 financial statements and determine through a risk management analysis whether these…
The regulatory dialectic and innovation in service-based money laundering
Roy Majed Sinno, Graham Baldock, Kimberly Gleason, Zaher ZaherThe purpose of this paper is to describe the progression from trade-based money laundering to service-based money laundering using the Regulatory Dialectic Theory with an…
Analysis of the role players in wildlife trafficking and the measures to combat it in South Africa
Elisma Marais, Jacqui-Lyn McIntyre, Duane AslettCorruption is one of the main facilitators of increased wildlife crime in South Africa. It is important to look at the current legislative framework to determine how wildlife…
Corporate criminal liability and the identification principle: a critical and comparative analysis across Mauritius, US, UK and Canada
Ambareen Beebeejaun, Raahil MandarunThe identification principle serves as a key tool in holding companies criminally accountable for acts of its agents, with the aim to secure convictions and promote a shift in…
Cryptocurrency frauds: the FTX story
Esther Lea Ledoux, Nadia SmailiThe purpose of this paper is to analyze FTX cryptocurrency frauds. FTX is a former cryptocurrency exchange platform that went bankrupt because of fraud in 2022.
Analysing the characteristics of post-disaster funding that make it susceptible to the risk of economic crime: a South African frame of reference
Nina Du Toit, Philip Steenkamp, Dewald van Niekerk, Andre GroenewaldResearch indicates a significant risk of economic crime associated with post-disaster funding. The purpose of this paper is to assess the characteristics of post-disaster funding…
Exploring South Africa’s capacity to criminalise illicit enrichment
Jacqui-Lyn McIntyre, Duane Aslett, Nico BuitendagIllicit enrichment refers to the unjustified increase in the assets of a public official. Criminalisation of illicit enrichment is required under Article 20 of the United Nations…
Does corruption play a role in the process of financial globalization in emerging countries?
Zuhairan Yunmi Yunan, W. Alejandro Pacheco-JaramilloThis paper aims to examine various indicators related to corruption and determine their impact on financial globalization in emerging countries. It will consider other factors…
Unveiling the crypto-terror nexus: law enforcement intelligence challenges against terrorist financing
Michael KushelevitchThis study aims to explore the impact of cryptocurrency on intelligence activities by law enforcement agencies, focusing on the changing landscape due to its exploitation by…
Willful defaulting of bank loans in a developing country: a Bourdieusian analysis
Sumon Bhattacharjee, Shimul ChakrabortyBorrowers’ intentional non-payment of bank loans despite being able to pay is a financial crime. This paper explores how willful loan defaulting became a societal practice in…
An analysis of measures to combat the risk of economic crime associated with post-disaster funding in South Africa
Nina Du Toit, Philip Steenkamp, Andre GroenewaldThe purpose of this paper is to analyse the measures that could be taken to combat the risk of economic crime in the aftermath of South African disasters.
Village fund corruption mode: an anti-corruption perspective in Indonesia
Taofik HidajatThis paper aims to highlight the corruption mode of village funds in Indonesia and provide recommendations to reduce such crime.
Shaping anti-corruption strategies: investigator perspectives on electronic records
Aliyu Abubakar Lawan, Pekka HenttonenThis study aims to investigate the specific difficulties involved in implementing electronic recordkeeping for anti-corruption investigations in Nigeria. It recognises the…
Can supervisor reminders help prevent fraud in the mutual funds sector
Hussein Al-Zyoud, Eric Zengxiang Wang, Shahid Ali, Weiming LiuThis study is based on the enforcement record from Canada’s natural mutual fund regulator. This record documented a small subset of mutual fund dealers who had been disciplined…
Do the fraud triangle components fuel complex financial fraud? A study of nonfinancial firms in Pakistan
Kinza Shahzadi, Wajid Alim, Salleh Nawaz KhanFinancial fraud is a severe corporate fraud committed for achieving various objectives, like attaining financial targets, lowering debt and providing good signals to the market…
Crypto collapse: the cult of personality and the normalisation of fraud in FTX and Celsius
Simon MackenzieThis paper reviews the recent collapse of two cryptocurrency enterprises, FTX and Celsius. These two cases of institutional bankruptcy have generated criminal charges and other…
Institutional, economic and cultural safeguards against corruption: a panel study of OECD countries
Sandra Cunha, Pedro CamõesThe purpose of this paper is to ascertain whether the combination of anti-corruption measures, with simultaneous impact on the institutional, economic and cultural dimensions, is…
Fraud awareness, information accountability and sustainable competitive advantage: governance moderation and capacity for accessing financing mediation
Tarjo Tarjo, Alexander Anggono, Bambang Haryadi, Lummatul Mahya, Eklamsia Sakti, Jamaliah SaidThis paper aims to empirically test the influence of fraud awareness, information accountability and capacity for accessing financing on sustainable competitive advantage…
Treat me fairly now or I will commit misconduct later: integrating general strain and procedural (in)justice in graduate education
Stephanie Geoghan, Kristy HoltfreterThe purpose of this paper is to integrate general strain theory and procedural justice in the context of research misconduct in university settings.
Tackling digital payment frauds: a study of consumer preparedness in India
Ameya Lonkar, Sonali Dharmadhikari, Neha Dharurkar, Kanchan Patil, Ravi Ashok PhadkeThis paper aims to present a study to measure “Consumer Preparedness” (CP) towards digital payment frauds by considering factors such as awareness regarding fraud risk…
Investigating tax risk’s influence on tax avoidance and debt costs: evidence from France
Mouna Guedrib, Zeineb HamdiThis paper aims to examine the impact of tax avoidance on the cost of debt. It also investigates the effect of tax risk on the relationship between tax avoidance and the cost of…
Audit firm tenure and corporate tax avoidance: evidence spanning COVID-19 pandemic
Khairul Anuar Kamarudin, Wan Adibah Wan Ismail, Iman Harymawan, Akmalia Mohamad AriffThis study aims to examine the effect of audit firm tenure (AFT) on corporate tax avoidance (CTA) and the moderating effect of the COVID-19 pandemic.
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…
Internal control systems of SMEs in Nigeria: a proactive or reactive strategy against employees’ fraud?
Babatunde Moses OloladeThe purpose of this study is to determine the strategy adopted by small- and medium-scale enterprise (SME) owners in setting up internal control systems, examine the relationship…
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…
Impact of forensic accounting on fraud detection and prevention: a case of firms in Pakistan
Iram Naz, Saleh Nawaz KhanThis study aims to assess the effectiveness of forensic accounting techniques to prevent and detect fraudulent activities in firms in Pakistan.
Inelegant enforcement of anti-corruption laws and good governance: a persistent catalyst for coups d’état and poverty in Africa
Olusola Joshua Olujobi, Oshobugie Suleiman IrumekhaiThe purpose of this paper is to scrutinise the intricate relationship between the inadequate enforcement of anti-corruption laws and the application of good governance and the…
What does trust have to do with it? Training consumers to detect digital imposter scams
Marguerite DeLiema, Clifford A. Robb, Stephen WendelOne of the insidious effects of government and business imposter scams is the potential erosion of trust among defrauded consumers. This study aims to assess the relationship…
Perceptions of offender motives, opportunities and willingness for financial crime: an empirical analysis of survey responses in six nations
Azwan Abdullah, Petter Gottschalk, Chander Mohan Gupta, Maryam Kamaei, William Stadler, Andreea-Luciana UrzicăThis study aims to identify perceptions of financial crime among students in six different countries.
Effectiveness of internal auditing from the lens of internal audit factors: empirical findings from the banking sector of Bangladesh
Zobaida KhanamThis study aims to assess the impact of determinants on the effectiveness of internal audit (IA) within the banking industry of Bangladesh.
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…
African Continental Free Trade Area Agreement investor protection and capital market in Africa
Collins Chikodili AjiboThe purpose of this paper is to explore the modalities for the curtailment of expropriation of investment in the course of implementation of the African Continental Free Trade…
How does financial inclusion act as a catalyst for reducing financial crime among women?
Tooba Akram, Naveed Muhammad, Suresh RamaKrishnanThis study aims to review financial inclusion as a catalyst to reduce financial scams and frauds faced by women in the five largest US states by population and proposed measures…
Whistleblowing academic research: historical perspective
Paulina Arroyo, Nadia SmailiFor more than four decades, scholars from diverse disciplines and countries have been interested in the act of whistleblowing. To battle financial fraud, financial regulators have…
Private investigations and ethical orientations: a cause for concern?
Richard Kapend, Mark Button, Peter StiernstedtA significant number of criminal and deviant acts are investigated by nonpolice actors. These include private investigators who charge fees for their services, professional…
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…
Mechanisms of affinity fraud victimization
Thomas Dearden, Jill O. Jasperson, Ronald Mellado MillerThis study aims to investigate the relationship between religiosity, belief in a just world (BJW), trust and affinity fraud.
Under the influence: the Kusile tender and state capture permeating the national prosecuting authority
Llewelyn Gray Curlewis, Katelyn-Mae CarterThe purpose of this paper is to give light to the present order of state capture and corruption within South Africa at present. South Africans often consider the National…
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).
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…
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…
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…
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…
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.
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.
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…
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…
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…
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…
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 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…
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…
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…
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.
ISSN:
1359-0790e-ISSN:
1758-7239ISSN-L:
1359-0790Online date, start – end:
1993Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditors:
- Dr Li Hong Xing
- Prof Barry Rider
Further Information
