The New Technology of Financial Crime

Book excerpt: Financial crime is a trillion-dollar industry that is likely to continue to grow exponentially unless new strategies of prevention and control can be developed. This book covers a wide range of topics related to financial crime commission, victimization, prevention, and control. The chapters included in this book closely examine cyber-victimization in their investigation of online fraud schemes that have resulted in new categories of crime victims as the result of identity theft, romance fraud schemes, phishing, ransomware, and other technology-enabled online fraud strategies. This book also offers new strategies for both financial crime prevention and financial crime control designed to reduce both offending and victimization. It will be a great resource for researchers and students of Criminology, Sociology, Law, and Information Technology. The chapters in this book were originally published in the journal Victims & Offenders.