Prevention and Control of Economic Crime (From Annual Report for 1998 and Resource Material Series No. 55, P 44-53, 2000, -- see NCJ-190757)

• NCJ Number: 190758
• Author(s): Peter Grabosky
• Date Published: March 2000
• Length: 10 pages
• Corporate Author: United Nations Asia and Far East Institute for the Prevention of Crime and Treatment of Offenders
• Sale Source: United Nations Asia and Far East Institute for the Prevention of Crime and Treatment of Offenders
• Publication Format: Document
• Publication Type: Report (Annual/Periodic)
• Language: English
• Country: United States of America

Annotation

This paper examined initiatives in the prevention and control of economic crime, thereby reducing opportunities for fraud.

Abstract

This paper presented at the UNAFEI, 110th International Training on “Effective Countermeasures Against Economic Crime and Computer Crime" in 1998 outlined a number of social, demographic, and economic developments with the expectation of influencing the shape of economic crime in the years to come. Economic crime refers to fraud in its various manifestations and is viewed as one of the most costly of all criminal activities. The paper discussed the risks of economic crime and countermeasures to minimize them. The paper was divided into two sections: the varieties of economic crime; such as insurance fraud, money laundering, and credit card fraud; and countermeasures against economic-crime. It was stated that these crimes were beyond the capacity of law enforcement agencies alone to control.