Journal of Financial Crime: Volume 29 Issue 4

Editorial: Frameworks to address other issues could help us better tackle financial crime

Strengthening financial integrity in Nigeria: the national identification harmonization project

Nigeria needs to improve its national identification coverage to support improved anti-money laundering and combating of financing of terrorism and proliferation (AML/CFT…

The cross-impact of corruption and consumer culture

The purpose of this paper is to study the relationship between corruption and consumption culture from the perspective of their mutual influence on the example of the Russian…

Determinants of investment decision in a Ponzi scheme: Investors’ perspective on the Modaraba scam

This paper aims to identify the key patronage factors that encouraged the public for investment in the Modaraba scam – a Ponzi scheme perpetrated in Pakistan with a whim of…

Fraud in startups: what stakeholders need to know

This paper aims to explain the fundraising and valuation processes of startups and discuss the conflicts of interest between entrepreneurs, venture capital (VC) firms and…

Senior financial exploitation through wills, trusts, and guardianship: basics, red flags and prevention measures

The purpose of this paper is to discuss financial fraud and exploitation against seniors relating to wills, trusts and guardianship. The paper describes how this fraud affects its…

Nature of frauds in Nigeria’s banking ecosystem, 2015-2019

This paper aims to examine the nature of frauds and insider involvement in the perpetration of frauds in Nigeria’s banking ecosystem. It probes the payment platforms mostly…

Negotiating without the victim state: the exclusiveness of anticorruption settlements

Corporate foreign bribery can have devastating consequences on communities and states. Over the past decade, there have been several promising developments, both national and…

Digital currencies and economic sanctions: the increasing risk of sanction evasion

The purpose of this paper is to discuss the effect of the issuance, adoption and use of digital currencies on economic sanctions with the focus being on the increasing risk of…

Research on fraud: an overview from small medium enterprises (SMEs)

The purpose of this paper is to present a review of literature on fraud with a specific focus on small and medium enterprises (SMEs). Specifically, it aims to provide further…

Analyzing procurement fraud in the US Navy

The purpose of this paper is to analyze an ongoing fraud case in the US Navy involving the procurement of ship-husbanding services. The fraud acts will be analyzed from three…

Understanding the fraud theories and advancing with integrity model

The fraud landscape talks about the existence of fraudulent activities and can be assessed with the help of fraud literature. Taking this into consideration, this paper…

Carousel fraud in terms of price manipulation

The purpose of this paper is to analyse the effects of carousel fraud on the average price of goods, as one of the negative economic aspects of carousel fraud.

Limited liability companies in Jordan: another story for piercing the corporate veil

In different recent judgments, the Jordanian Court of Cassation, among many other Jordanian Courts, has found that a limited liability company's shareholder may be held liable in…

Perceptions on the impact of anti-bribery measures, strategies and programs on the persistence of bribery practices in Nigeria

The purpose of this paper is to assess the perceptions of the grassroots on the impact of combative policy measures, strategies and programs introduced by the government and the…

Rethinking anti-corruption efforts in international development

Corruption is commonly seen as a primary impediment to economic development, and its eradication has therefore featured high on development agendas. Most anti-corruption efforts…

Effect of quality of governance on the relationship between illicit financial flows and economic growth

The purpose of this paper is twofold. First, the study aims to examine the direct effect of illicit financial flows (IFF) and quality of governance (QoG) on economic growth…

Paying a premium for an accounting crime

This study aims to look at how the intention of a person when facing a dilemma to choose a good outcome (utilitarian) or a good and ethical process regardless of the outcome…

Challenges of combating fraudulent practices: evidence from Nigerian public sector

This paper aims to explore the challenges faced in combating fraudulent practices in the Nigerian public sector.

The incidence of accounting fraud is increasing: is it a matter of the gender of chief financial officers?

The purpose of this paper is to examine the association between accounting fraud and the gender of chief financial officers (CFOs).

Comparative study of personal data protection regulations in Indonesia, Hong Kong and Malaysia

The purpose of this paper is two-fold: to explore the legal issue of the importance of personal data protection in the digital economy sector and to propose a legal framework for…

How could external auditors assess the rationalization of fraud?

This study aims to explore methods that external auditors can use to assess the rationalization of fraud in fraud risk assessment in auditing.