Financial Frauds

1. Theory of financial frauds and psychology of frauds;

2. Financial pyramids;

3. Tax frauds and creative accounting

4. Financial frauds in selected sectors of financial market;

5. Process of obtaining money under false pretences

6. Financial frauds detection

7. Prevention of money laundering and terrorist financing

The aim of the lecture is to explain the process of frauds in banking, finance, insurance and other financial services. The main point will be focus on the management of information in economic fraud, including investments in banks, mutual funds, insurance companies, and non-financial firms. The lecture highlights the main concepts, which are important for understanding how to improve low detectability of frauds, how to avoid tax fraud, how to supervise people responsible for money.

Literatura podstawowa:

1) Nancy E. Marion, Jason Twede, Cybercrime: An Encyclopedia of Digital Crime, ABC-CLIO 2020.

2) Barry Rider (ed.), Research Handbook on International Financial Crime, Edward Elgar Publishing 2015.

3) Abdul Rafay (ed.), Handbook of Research on Theory and Practice of Financial Crimes, IGI Global 2021.

4) Ben Carlson, Don't Fall For It: A Short History of Financial Scams, Wiley 2020.

5) Yanping Liu, Minghai Tian, Yanming Shao (ed.), Cybercrimes and Financial Crimes in the Global Era, Springer 2022.

6) Jesus Strike, Securities And Investment Fraud: History Of Financial Frauds In US: Financial Fraud, Independently Published 2021.

7) Monica V. Achim, Sorin N. Borlea, Economic and Financial Crime: Corruption, shadow economy, and money laundering, Springer 2020.

Literatura uzupełniająca:

1) Hennelore Carleton, The Financial Scams in US History: A Brief History Of Financial Fraud Laws: History Of Financial Frauds, Independently Published 2021.

2) Dan Davies, Lying for Money: How Legendary Frauds Reveal the Workings of the World, Simon&Schuster Inc., New York 2018.

3) Caollen Cross, Anatomy of a Ponzi Scheme: Scams Past and Present: The New York Times Bestseller, Slice Publishing and Investing Books, 2017.

4) Alan Doig, Michael Levi, Frauds and Financial Crimes: Trends, Strategic Responses, and Implementation Issues in England and Wale, Taylor&Francis Group 2021.

5) Robert Tillman, Henry N. Pontell, William Kurt Black, Financial Crime and Crises in the Era of False Profits, Oxford University Press 2018.

6) Majid Yar, Kevin F. Steinmetz, Cybercrime and Society, SAGE 2018.

7) Thomas J. Holt, Anita Lavorgna (ed.), Researching Cybercrimes: Methodologies, Ethics, and Critical Approaches, Springer 2021.

8) Jonathan Kirk, Thomas Samuels, Lee Finch, Mis-Selling Financial Services, Edward Elgar Publishing Limited 2019.

Kryteria oceniania:

egzamin testowy: 100.00%

1. Theory of financial frauds and psychology of frauds;

2. Financial pyramids;

3. Tax frauds and creative accounting

4. Financial frauds in selected sectors of financial market;

5. Process of obtaining money under false pretences

6. Financial frauds detection

7. Prevention of money laundering and terrorist financing

The aim of the lecture is to explain the process of frauds in banking, finance, insurance and other financial services. The main point will be focus on the management of information in economic fraud, including investments in banks, mutual funds, insurance companies, and non-financial firms. The lecture highlights the main concepts, which are important for understanding how to improve low detectability of frauds, how to avoid tax fraud, how to supervise people responsible for money.

Literatura podstawowa:

1) Nancy E. Marion, Jason Twede, Cybercrime: An Encyclopedia of Digital Crime, ABC-CLIO 2020.

2) Barry Rider (ed.), Research Handbook on International Financial Crime, Edward Elgar Publishing 2015.

3) Abdul Rafay (ed.), Handbook of Research on Theory and Practice of Financial Crimes, IGI Global 2021.

4) Ben Carlson, Don't Fall For It: A Short History of Financial Scams, Wiley 2020.

5) Yanping Liu, Minghai Tian, Yanming Shao (ed.), Cybercrimes and Financial Crimes in the Global Era, Springer 2022.

6) Jesus Strike, Securities And Investment Fraud: History Of Financial Frauds In US: Financial Fraud, Independently Published 2021.

7) Monica V. Achim, Sorin N. Borlea, Economic and Financial Crime: Corruption, shadow economy, and money laundering, Springer 2020.

Literatura uzupełniająca:

1) Hennelore Carleton, The Financial Scams in US History: A Brief History Of Financial Fraud Laws: History Of Financial Frauds, Independently Published 2021.

2) Dan Davies, Lying for Money: How Legendary Frauds Reveal the Workings of the World, Simon&Schuster Inc., New York 2018.

3) Caollen Cross, Anatomy of a Ponzi Scheme: Scams Past and Present: The New York Times Bestseller, Slice Publishing and Investing Books, 2017.

4) Alan Doig, Michael Levi, Frauds and Financial Crimes: Trends, Strategic Responses, and Implementation Issues in England and Wale, Taylor&Francis Group 2021.

5) Robert Tillman, Henry N. Pontell, William Kurt Black, Financial Crime and Crises in the Era of False Profits, Oxford University Press 2018.

6) Majid Yar, Kevin F. Steinmetz, Cybercrime and Society, SAGE 2018.

7) Thomas J. Holt, Anita Lavorgna (ed.), Researching Cybercrimes: Methodologies, Ethics, and Critical Approaches, Springer 2021.

8) Jonathan Kirk, Thomas Samuels, Lee Finch, Mis-Selling Financial Services, Edward Elgar Publishing Limited 2019.

Kryteria oceniania:

egzamin testowy: 100.00%