Journal of Financial Crime: Volume 28 Issue 1

Editorial

The potential negative impact of the misuse of Transparency International’s corruption index by the financial services industry

This paper aims to raise awareness of the potential misuse of Transparency International’s Corruption Perception Index (CPI) within the financial services industry and outline the…

Ude Jones Udeogu v FRN & Ors no SC. 622C/2019: its implication on fighting financial crime and the way forward

The purpose of this paper is to show how fighting financial crime suffered a setback in Nigeria as a result of the Supreme Court ruling in an appeal case – Ude Jones Udeogu v FRN…

Political institutions and the control of corruption: a cross-country evidence

The purpose of this paper is to examine the significant association between political institutions and the control of corruption.

Get-Rich Quick scheme: Malaysian current legal development

In Malaysia, Get-Rich-Quick scheme (GRQS) is one of the financial fraud activities prohibited under Malaysian law. The common facet of such schemes involves plans that promise…

Money laundering with cryptocurrency: open doors and the regulatory dialectic

The purpose of this study is to describe the opportunities and limitations of cryptocurrencies as a tool for money laundering through six currently available “open doors”…

Everyone’s in, on the game: financial crime and the organization of sporting events. Looking for a “virtuous” model

This study aims at investigating the phenomenon of financial crime with specific reference to the organization of major sporting events. In particular, in the light of the…

Understanding and application of crime of sabotaging production and operation in internet era

The purpose of this study is to investigate the understanding and application of crime of sabotaging production and operation in internet era, and, at the same time, discuss the…

Red teaming financial crime risks in the banking sector

In recent years, Australian regulators have focussed on the financial crime compliance obligations of banks and other reporting entities, and there is a clear expectation that…

Corporate crime: a logical misconception, but with one analytical point

In 1988, Donald Cressey published a previously overlooked article. According to Cressey, there was a lack in the agenda of corporate crime research concerning theory and…

Perpetrators of corporate crimes in commercial organizations in Italy and Russia

The purpose of this paper is dedicated to the features of subjects of official crimes in commercial organizations in accordance with the laws of Italy and Russia.

The need for anti-corruption policies in developing countries

In this study, the authors examine the issue of corruption in the government institutions of developing countries. Additionally, this study aims to answer the following research…

Determinants of management fraud in the banking sector of Ghana: the perspective of the diamond fraud theory

Fraud has become one of the most challenging issues facing the financial sector of most countries globally. These fraudulent transactions have led to loss of huge sums of money to…

Strategic management of credit card fraud: stakeholder mapping of a card issuer

The purpose of this paper is to set a framework for strategic management of credit card fraud, by mapping its stakeholders within a card issuer and outlining its ideal strategies.

Does corruption affect Islamic banking? Empirical evidence from the OIC countries

This paper aims to examine whether the level of corruption affects profitability and soundness of Islamic banking.

Why are people trapped in Ponzi and pyramid schemes?

This paper aims to identify psychological factors that influence people to be involved in Ponzi and pyramid schemes.

Is there any relation between Hofstede’s cultural dimensions and corruption in developing countries?

This paper aims to investigate the relation between the cultural dimensions of Hofstede and corruption in developing countries.

Tax evasion through fraudulent financial reporting amongst SMEs in Malaysia

The purpose of this paper is to tackle one of the issues in tax evasion, that is from the perspective of fraudulent financial reporting amongst small and medium-sized enterprises…

Psychological factors: self- and circumstances-caused fraud triggers

This paper aims to provide new understanding of fraudulent behaviour by offering different theoretical discussion on the fraud causation.

The effect of corporate governance and firm-specific characteristics on the incidence of financial restatement

This paper aims to examine the effects of corporate governance and firm-specific characteristics on the incidence of financial restatement among Malaysian public listed firms.

The nexus between records management and perceived corruption in sub-Saharan Africa

This paper aims to chronicle perceived corruption cases emanating from poor records management in selected countries in sub-Saharan Africa by examining the nexus between records…

Suitability of forensic accounting in uncovering bank frauds in India: an opinion survey

Economic robustness is the heart of any country’s prosperity. It is no wonder that economic progression is a crucial force that keeps a nation rolling on its wheels. As economic…

Tax evasion, political/public corruption and increased taxation: evidence from Zimbabwe

The purpose of this paper is to examine the relationship between tax evasion, political/public corruption and increased taxation in Zimbabwe’s small and medium-sized enterprises…