Categories of financial crime

Petter Gottschalk

Journal of Financial Crime, 2010, vol. 17, issue 4, 441-458

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.

Keywords: Corruption; Fraud; Theft; Classification (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:13590791011082797

DOI: 10.1108/13590791011082797

Access Statistics for this article

Journal of Financial Crime is currently edited by Dr Li Hong Xing and Prof Barry Rider

More articles in Journal of Financial Crime from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().