Economic Fraud in International Business: Forms and Implications
This paper aims to highlight the main forms of economic fraud, such as mortgage fraud, charityfraud, identity fraud, insurance fraud and immigration fraud, and how the funds resulted fromthese illegal activities are converted into white-money by money laundering and used as fundsderiving from legiti...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2018-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/3.pdf |
| _version_ | 1818968661035057152 |
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| author | Florea Iulia Oana |
| author_facet | Florea Iulia Oana |
| author_sort | Florea Iulia Oana |
| collection | DOAJ |
| description | This paper aims to highlight the main forms of economic fraud, such as mortgage fraud, charityfraud, identity fraud, insurance fraud and immigration fraud, and how the funds resulted fromthese illegal activities are converted into white-money by money laundering and used as fundsderiving from legitimate sources. The whole process is affecting the economy and political stabilityof the countries in which they occur, and hence such activities must be forcefully fought and joinedforces should take strong measures, in order to destroy such organizations. This paper is anattempt to explain the concept, significance and implications of the above process. |
| first_indexed | 2024-12-20T14:08:14Z |
| format | Article |
| id | doaj.art-6f3e5d70a9fe4177836ca1adcc5d236d |
| institution | Directory Open Access Journal |
| issn | 2393-3127 2393-3127 |
| language | English |
| last_indexed | 2024-12-20T14:08:14Z |
| publishDate | 2018-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-6f3e5d70a9fe4177836ca1adcc5d236d2022-12-21T19:38:13ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272018-01-01XVIII11216Economic Fraud in International Business: Forms and ImplicationsFlorea Iulia Oana0Bucharest University of Economic StudiesThis paper aims to highlight the main forms of economic fraud, such as mortgage fraud, charityfraud, identity fraud, insurance fraud and immigration fraud, and how the funds resulted fromthese illegal activities are converted into white-money by money laundering and used as fundsderiving from legitimate sources. The whole process is affecting the economy and political stabilityof the countries in which they occur, and hence such activities must be forcefully fought and joinedforces should take strong measures, in order to destroy such organizations. This paper is anattempt to explain the concept, significance and implications of the above process.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/3.pdfeconomic fraudmoney launderingmortgage fraud |
| spellingShingle | Florea Iulia Oana Economic Fraud in International Business: Forms and Implications Ovidius University Annals: Economic Sciences Series economic fraud money laundering mortgage fraud |
| title | Economic Fraud in International Business: Forms and Implications |
| title_full | Economic Fraud in International Business: Forms and Implications |
| title_fullStr | Economic Fraud in International Business: Forms and Implications |
| title_full_unstemmed | Economic Fraud in International Business: Forms and Implications |
| title_short | Economic Fraud in International Business: Forms and Implications |
| title_sort | economic fraud in international business forms and implications |
| topic | economic fraud money laundering mortgage fraud |
| url | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2018/08/3.pdf |
| work_keys_str_mv | AT floreaiuliaoana economicfraudininternationalbusinessformsandimplications |