Sally Ramage
Published: 2005-06
Total Pages: 225
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Fraud is big business and it rots the fabric of finance and accountancy, as it is exercised by all day trading of bonds, junk bonds, loans. Twenty-five years ago, fraud was said to be rapidly expanding and manifests itself by shady deals, fraudulently converted cash. Fraudsters who are active, especially electronic fraud, do in fact treat the use of fraud as serious "business" and the execution of frauds as "work", much as other criminals treat their activities as their "job"! Identity theft poses a frightening threat of being taken in by crooks. If twenty-five years ago it was estimated that the amount of fraudulent cash around the world at any one time more than equalled the Gross National Products of several third-world countries, it would not be believed--a damning indictment indeed. In this fascinating and comprehensive study on Fraud the author takes advantage of the fact that people seem thrilled to hear about frauds, like murders. She has prepared works that will use the reader's' attention to discuss law enforcement and the consequences of breaking the law by committing frauds.