We examine how cybercrime impacts victims' risk-taking and returns. The results from our difference-in-differences analysis of a sample of victim and matched non-victim investors on the Ethereum blockchain are in line with prospect theory and suggests that victims increase their long-term total...

We develop a model of Ponzi schemes with asymmetric information to study Ponzi frauds. A long-lived agent offers to save on behalf of short-lived agents at a higher rate than they can earn themselves. The long-lived agent may genuinely have a superior savings technology, but may be an imposter...

Our investigation examined the impact of ESG (Environmental, Social, and Governance) activities on corporate financial distress. This research utilised data from companies listed in the FTSE All-Share index from 2014 to 2022 from the Refinitiv EIKON database. We incorporated year- and...

The pandemic has altered accounting education with the widespread adoption of remote evaluation platforms. We apply the lens of the fraud triangle to consider how the adoption of remote evaluation influences accounting students’ ethical values by measuring the incidence of cheating behavior as...

The infiltration of legal business structures by criminal networks poses profound risks to financial integrity, public safety and economic fairness. By blurring the lines between lawful and unlawful enterprises, these networks complicate efforts by authorities to detect and dismantle their...

Based on an international data set that comprises over 6,100 companies located in 44 countries in the years 2002-2018, this paper analyzes the relation between corporate scandals and board structures besides further firm-related, political, nation-level economic, and cultural variables. We...

Since 2022, the EU, Finland, France, Germany, and Sweden have joined up in a Team Europe Initiative to support Africa fight illicit financial flows and related transnational organised crime. To date, Africa's EU partners have raised more than EUR 450 million in more than 75 projects and...

Since 2022, the EU, Finland, France, Germany, and Sweden have joined up in a Team Europe Initiative to support Africa fight illicit financial flows and related transnational organised crime. To date, Africa's EU partners have raised more than EUR 450 million in more than 75 projects and...

Deferred prosecution agreements and similar arrangements are practiced in many countries when there is suspicion of corporate crime. It is an agreement based on a negotiation that permits the allegedly guilty party not to undergo a criminal trial if they avoid committing further wrongdoing for a...

This paper aims to examine the influence of controlling corruption, tax burden reduction, price stability and trade liberalization on trade-related illicit financial flows. The analysis focuses on a sample of 120 developing and emerging countries, drawn from data collected over the period...

This paper presents a meticulous bibliometric analysis of forensic accounting research conducted between 1991 and 2021, employing Scopus and VOSviewer. With a dataset comprising 232 documents, the study aims to scrutinize existing literature, identify influential authors, and discern the...

This scoping review systematically examines the definitions, challenges, and methodologies for estimating the illegal gambling market, spanning literature from 2000 to 2023. Given the clandestine nature of illegal gambling and its significant economic and social implications, understanding its...

This article examines the dynamics of relation fraud resulting in the murder of a grandparent by her grandson. While such instances are admittedly rare as forms of both murder and fraud more generally, this unique case nonetheless demonstrates that relation fraud resulting in murder is a...

This study examines the influence of fraud disclosure (FR_DISC) in annual reports on the financial stability of Takaful insurance (TKI) in Saudi Arabia over the period of 2014 to 2022. Moreover, the current study aims to explore the mediating impact of Shariah board size in shaping this...

Purpose - The purpose of this study is to evaluate the current state of forensic accounting education in the Kingdom of Saudi Arabia (KSA), as well as to identify the desired aims and skills required to practice forensic accounting as a profession. It also seeks to understand the education and...

Weltweit ist fast jedes zweite Unternehmen von Wirtschaftskriminalität betroffen. Neben einem Vertrauensverlust und Reputationsschäden führt Wirtschaftskriminalität zu finanziellen Einbußen und erheblichem Mehraufwand für Ermittlungen, Folge- und Präventionsmaßnahmen. Zur Reduktion von...

Infiltration of the legal economy by criminal organizations (OCGs) is potentially significant, though how pervasive remains uncertain. Beyond the volume, the motives driving infiltration are of serious policy concern. We introduce a conceptual framework to differentiate between OCGs' motives for...

When faced with the choice of behaving corruptly, are people more willing to accept a bribe or to embezzle money? Situations of bribery and embezzlement usually differ in their decision-making dynamics, with bribery requiring coordination between decision-makers (i.e., briber and bribee) while...

Infiltration of the legal economy by criminal organizations (OCGs) is potentially significant, though how pervasive remains uncertain. Beyond the volume, the motives driving infiltration are of serious policy concern. We introduce a conceptual framework to differentiate between OCGs’ motives...

When Russia attacked Ukraine, national states as well as multinational bodies such as the European Union imposed economic sanctions against Russia. Companies in sanctioning countries were expected to terminate their business with companies in the sanctioned country. However, the threat of...

This paper explores the police response given to rogue trading doorstep crime incidents. Using a mixed-methods Applied Thematic Analysis of a year's records of the Thames Valley Police force's crime recording database, the research draws upon police officers' own accounts to illustrate the way...

Many countries have established national authorities to investigate and prosecute serious and complex white-collar and corporate crime incidents. This article reviews research literature regarding external challenges and barriers for national agencies in Norway (Økokrim), New Zealand (SFO), the...

The Bailiwick of Jersey ("Jersey") and the UK face similar challenges when attributing criminal liability to corporate entities. Both jurisdictions have sought to meet some of these challenges by the introduction of deferred prosecution agreements ("DPAs") and failure to prevent ("FTP")...

This is a theoretical treatment of the term "Sha Zhu Pan" (杀猪盘) in Chinese, which translates to "Pig-Butchering" in English. The article critically examines the propagation and validation of "Pig Butchering," an animal metaphor, and its implications for the dehumanisation of victims of...

Across the world each year millions of people are victimised by online crime, many of whom fall victim to online fraud. One of the most enduring and prolific types of online fraud is romance fraud. Romance fraud often leads to financial and psychological devastation of those who are victimised....

Fraud uses deception to obtain a financial reward from its victim. There are strong negative stereotypes and victim blaming discourses towards fraud victims, with research indicating that fraud victims are unlikely to report incidents for many reasons, including a high degree of shame and...

This article delves into the organisation of Ivorian cyberfraudsters, known as "brouteurs", who engage in romance scams and sextorsion, and it questions the various structures through which these fraudsters operate. The study's findings are based on data collected through semi-structured...