The Impact of the Coronavirus Pandemic on the Commission of White-Collar Crimes by Ordinary Citizens

Eldad Bar Lev () and Liviu-George Maha
Additional contact information
Eldad Bar Lev: “Alexandru Ioan Cuza†University of Iasi, Doctoral School of Economics and Business Administration, Romania

Ovidius University Annals, Economic Sciences Series, 2022, vol. XXII, issue 1, 70-76

Abstract: The white-collar frauds have seen an increase in recent years, while the emerging of new digital technologies contributed to an increase of the financial frauds, especially during the global financial crisis of 2008 and in time of coronavirus (Covid-19) pandemic. This article reviews the white-collar scams that gained momentum during the coronavirus pandemic and examines why ordinary people turned into ‘white-collar criminals’ during this period. The main finding is that the pandemic crisis led to an economic crisis, while people was more focused on committed financial frauds in order to guarantee the economic welfare of their families or the business’ survival.

Keywords: scams; financial fraud; white-collar criminality; Ponzi schemes (search for similar items in EconPapers)
JEL-codes: D91 E26 K42 (search for similar items in EconPapers)
Date: 2022
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/9.pdf (application/pdf)

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:ovi:oviste:v:xxii:y:2022:i:1:p:70-76

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().