Categories of financial crime

Abstract

Purpose -The purpose of this paper is to present a systematic approach to classify financial crime into main categories as well as sub categories. Design/methodology/approach -Based on a literature review, the main four categories were labeled corruption, fraud, theft, and manipulation, respectively. Findings -There is a massive variety of crime types and crime names in the literature that can successfully be allocated to main categories of financial crime.Research limitations/implications -The paper is based on exploratory research to stimulate future research in refining and improving the categories suggested here. Practical implications -The great variety of criminal activities is classified in this paper so that practitioners can organize their thinking around crime themes rather than crime examples when mapping crime. Social implications -The public and society at large will be able to understand the confusing variety of financial crime in terms of main categories. Originality/value -There has been some confusion among both researchers and practitioners when communicating about examples of financial crime. The organizing framework in this paper will help allocate crime examples to main categories of financial crime.

Characteristics of white‐collar criminals: a Norwegian study

“…White-collar crime might be classified into categories of financial crime as suggested by Gottschalk (2010), who made distinctions between fraud, theft, manipulation and corruption.…”

Sistem Pengendalian Internal, Fraud Diamond, Dan Larceny Sebagai Efek Mediasi Whistleblowingsystem (Studi Pada BPK Ri)

“…Terdapat pula beberapa penulisan mengenai pengaruh sistem pengendalian internal terhadap fraud (Sulastri & Simanjuntak, 2014;Meikhati & Rahayu, 2015;Sari et al, 2015;Nawawi & Salin, 2016). Begitu pula penulisan mengenai pengaruh fraud diamond terhadap fraud (Abdullahi & Mansor, 2015;Ruankaew, 2016;Puspasari, 2015).…”

The Coso Framework and the Organization of Internal Audit for Fighting Against Fraud // Coso Okvir I Organizovanje Interne Revizije Za Borbu Protiv Prevara

“…Navedena tri faktora koja utiču na činjenje prevare predstavljeni su kao trokut prevare (Slika 2). Odgovornost interne revizije za borbu protiv prevara Postoji osnovana sumnja da su prevare i fi nansijski skandali povezani sa slabostima korporativnog upravlјanja [Gottschalk, 2010]. Učesnici u korporativnom upravlјanju su [Rezaee, Riley 2010]: skupština akcionara, upravni odbor, odbor za reviziju, generalni i izvršni direktori, interna revizija i eksterna revizija kao što je prikazano na slici 3.…”