The Psychology of Fraud, Persuasion and Scam Techniques PDF Download

Author: Martina Dove
Publisher: Routledge
ISBN: 1000334023
Category : Psychology
Languages : en
Pages : 211

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Book Description
The Psychology of Fraud, Persuasion and Scam Techniques provides an in-depth explanation of not only why we fall for scams and how fraudsters use technology and other techniques to manipulate others, but also why fraud prevention advice is not always effective. Starting with how fraud victimisation is perceived by society and why fraud is underreported, the book explores the different types of fraud and the human and demographic factors that make us vulnerable. It explains how fraud has become increasingly sophisticated and how fraudsters use communication, deception and theories of rationality, cognition and judgmental heuristics, as well as specific persuasion and scam techniques, to encourage compliance. Covering frauds including romance scams and phishing attacks such as advance fee frauds and so-called miracle cures, the book explores ways we can learn to spot scams and persuasive communication, with checklists and advice for reflection and protection. Featuring a set of practical guidelines to reduce fraud vulnerability, advice on how to effectively report fraud and educative case studies and examples, this easy-to-read, instructive book is essential reading for fraud prevention specialists, fraud victims and academics and students interested in the psychology of fraud.

Author: Grace M. Duffield
Publisher:
ISBN: 9780642242242
Category : Fraud
Languages : en
Pages : 6

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Book Description
Fraud, like other crime, can best be explained by three factors: a supply of motivated offenders, the availability of suitable targets and the absence of capable guardians-control systems or someone "to mind the store", so to speak (Cohen & Felson 1979).In this, the first of two papers, the authors focus on motivation and other psychological aspects of fraud. They identify a number of psychological correlates of fraud offending, but note that these are by no means unique to fraud, and do not necessarily differentiate fraudsters from law-abiding citizens. The other two factors, opportunities and guardianship, provide more scope for fraud control and are addressed in a companion paper on "red flags", or situational indicia, of fraud risk.

Author: Sridhar Ramamoorti
Publisher: John Wiley & Sons
ISBN: 1118370554
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Get practical insights on the psychology of white-collar criminals—and how to outsmart them Understand how the psychologies of fraudsters and their victims interact as well as what makes auditors/investigators/regulators let down their guard. Learn about the psychology of fraud victims, including boards of directors and senior management, and what makes them want to believe fraudsters, and therefore making them particularly vulnerable to deception. Just as IT experts gave us computer forensics, we now have a uniquely qualified team immersed in psychology, sociology, psychiatry as well as accounting and auditing, introducing the emerging field of behavioral forensics to address the phenomenon of fraud. Ever wonder what makes a white-collar criminal tick? Why does she or he do what they do? For the first time ever, see the mind of the fraudster laid bare, including their sometimes twisted rationalizations; think like a crook to catch a crook! The A.B.C.'s of Behavioral Forensics takes you there, with expert advice from a diverse but highly specialized authoring team of professionals (three out of the four are Certified Fraud Examiners): a former accounting firm partner who has a PhD in psychology, a former FBI special agent who has been with investigative practices of two of the Big Four firms, an industrial psychiatrist who has worked closely with the C-level suite of large and small companies, and an accounting professor who has interviewed numerous convicted felons. Along with a fascinating exploration of what makes people fall for the common and not-so-common swindles, the book provides a sweeping characterization of the ecology of fraud using The A.B.C.'s of Behavioral Forensics paradigm: the bad Apple (rogue executive), the bad Bushel (groups that collude and behave like gangs), and the bad Crop (representing organization-wide or even societally-sanctioned cultures that are toxic and corrosive). The book will make you take a longer look when hiring new employees and offers a deeper more complex understanding of what happens in organizations and in their people. The A.B.C. model will also help those inside and outside organizations inoculate against fraud and make you reflect on instilling the core values of your organization among your people and create a culture of excellence and integrity that acts as a prophylactic against fraud. Ultimately, you will discover that, used wisely, behavioral methods trump solely economic incentives. With business fraud on the rise globally, The A.B.C.'s of Behavioral Forensics is the must-have book for investigators, auditors, the C-suite and risk management professionals, the boards of directors, regulators, and HR professionals. Examines the psychology of fraud in a practical way, relating it to aspects of fraud prevention, deterrence, detection, and remediation Helps you understand that trust violation—the essence of fraud—is a betrayal of behavioral assumptions about "trusted" people Explains how good people go bad and how otherwise honest people cross the line Underscores the importance of creating a culture of excellence and integrity that inoculates an organization from fraud risk (i.e., honest behavior pays, while dishonesty is frowned upon) Provides key takeaways on what to look for when hiring new employees and in your current employees, as well as creating and maintaining a culture of control consciousness Includes narrative accounts of interviews with convicted white-collar criminals, as well as interpretive insights and analysis of their rationalizations Furnishes ideas about how to enhance professional skepticism, how to resist fraudsters, how to see through their schemes, how to infuse internal controls with the people/behavioral element, and make them more effective in addressing behavioral/integrity risks Provides a solid foundation for training programs across the fraud risk management life cycle all the way from the discovery of fraud to its investigation as well as remediation (so the same fraud doesn't happen again) Enables auditors/investigators to engage in self-reflection and avoid cognitive and emotional biases and traps that lead to professional judgment errors (e.g., overconfidence, confirmation, self-deception, groupthink, halo effect, availability, speed-accuracy trade-off, etc.) Ever since the accounting scandals surrounding Enron and WorldCom surfaced, leading to the passage of the Sarbanes Oxley Act of 2002, as well as the continuing fall out from the Wall Street financial crisis precipitating the Dodd-Frank Act of 2010, fraud has been a leading concern for executives globally. If you thought you knew everything there was to know about financial fraud, think again. Get the real scoop with The A.B.C.'s of Behavioral Forensics.

Author: Ben Carlson
Publisher: John Wiley & Sons
ISBN: 1119605164
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
Learn financial and business lessons from some of the biggest frauds in history Why does financial fraud persist? History is full of sensational financial frauds and scams. Enron was forced to declare bankruptcy after allegations of massive accounting fraud, wiping out $78 billion in stock market value. Bernie Madoff, the largest individual fraudster in history, built a $65 billion Ponzi scheme that ultimately resulted in his being sentenced to 150 years in prison. People from all walks of life have been scammed out of their money: French and British nobility looking to get rich quickly, farmers looking for a miracle cure for their health ailments, several professional athletes, and some of Hollywood’s biggest stars. No one is immune from getting deceived when money is involved. Don’t Fall For It is a fascinating look into some of the biggest financial frauds and scams ever. This compelling book explores specific instances of financial fraud as well as some of the most successful charlatans and hucksters of all-time. Sharing lessons that apply to business, money management, and investing, author Ben Carlson answers questions such as: Why do even the most intelligent among us get taken advantage of in financial scams? What make fraudsters successful? Why is it often harder to stay rich than to get rich? Each chapter in examines different frauds, perpetrators, or victims of scams. These real-life stories include anecdotes about how these frauds were carried out and discussions of what can be learned from these events. This engaging book: Explores the business and financial lessons drawn from some of history’s biggest frauds Describes the conditions under which fraud tends to work best Explains how people can avoid being scammed out of their money Suggests practical steps to reduce financial fraud in the future Don’t Fall For It: A Short History of Financial Scams is filled with engrossing real-life stories and valuable insights, written for finance professionals, investors, and general interest readers alike.

Author: Yaniv Hanoch
Publisher: Routledge
ISBN: 1000572781
Category : Psychology
Languages : en
Pages : 189

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Book Description
A Fresh Look at Fraud features psychologists, criminologists, and computer scientists to address the state-of-the-art research on the rising problem of fraud, scams, and financial abuse, stimulating a cross-disciplinary exchange of ideas, theories, methods, and practices. In this timely volume, Yaniv Hanoch and Stacey Wood bring together leading international researchers to discuss and review state-of-the-art research in fraud research, adopting diverse methodologies (from experimental to neuroimaging), perspectives, and questions. The book addresses topics such as mass marketing fraud, financial exploitation, ageing and cyber fraud, risk factors associated with becoming a fraud victim and online/cryptocurrency fraud. It offers a holistic picture of emerging trends and issues in fraud research and also includes discussion of the ‘Next Frontiers’ in research and important insights on how to create solutions. This book will be a crucial read for practitioners and researchers engaged in fraud research and other fields such as Forensic Psychology, Social Psychology, Criminal Behavior, and Criminology, as well as for postgraduates training in these fields.

Author: David Curnow
Publisher: Springer Nature
ISBN: 3030744396
Category : Psychology
Languages : en
Pages : 396

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Book Description
Using recent research and case studies, this book offers an evidence-based insight into the embezzler’s mindset as they commit crimes that are costing nations, organisations and individuals increasingly more each year. This mindset is described in detail as the embezzler develops their motivation to steal from their employer, finds a method of stealing, assesses the risks, executes the theft, and then determines whether to continue to steal. The organisational landscape of security capabilities, culture and financial circumstances provide the environment that this mindset operates within. The embezzler’s approach to the crime is broken down into four stages: Pre-Existing Vulnerabilities, Induction to First Theft, Ongoing Theft and Detection to Resolution. The author recommends strategies based on the embezzler’s mindset for organisations to enhance their ability to protect themselves from such inside threats that attack their reputation, productivity, morale and, in the worst cases, financial viability.

Author: Kirwan, Gráinne
Publisher: IGI Global
ISBN: 1613503512
Category : Computers
Languages : en
Pages : 303

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Book Description
As more individuals own and operate Internet-enabled devices and more critical government and industrial systems rely on advanced technologies, the issue of cybercrime has become a crucial concern for both the general public and professionals alike. The Psychology of Cyber Crime: Concepts and Principles aims to be the leading reference examining the psychology of cybercrime. This book considers many aspects of cybercrime, including research on offenders, legal issues, the impact of cybercrime on victims, punishment, and preventative measures. It is designed as a source for researchers and practitioners in the disciplines of criminology, cyberpsychology, and forensic psychology, though it is also likely to be of significant interest to many students of information technology and other related disciplines.

Author: Robert D. Morgan
Publisher: SAGE Publications
ISBN: 1483392252
Category : Psychology
Languages : en
Pages : 1906

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Book Description
The SAGE Encyclopedia of Criminal Psychology will be a modern, interdisciplinary resource aimed at students and professionals interested in the intersection of psychology (e.g., social, forensic, clinical), criminal justice, sociology, and criminology. The interdisciplinary study of human behavior in legal contexts includes numerous topics on criminal behavior, criminal justice policies and legal process, crime detection and prevention, eyewitness identification, prison life, offender assessment and rehabilitation, risk assessment and management, offender mental health, community reintegration, and juvenile offending. The study of these topics has been increasing continually since the late 1800s, with people trained in many legal professions such as policing, social work, law, academia, mental health, and corrections. This will be a comprehensive work that will provide the most current empirical information on those topics of greatest concern to students who desire to work in these fields. This encyclopedia is a unique reference work that looks at criminal behavior primarily through a scientific lens. With over 500 entries the book brings together top empirically driven researchers and clinicians across multiple fields—psychology, criminology, social work, and sociology—to explore the field.

Author: Sean Byrne
Publisher: Taylor & Francis
ISBN: 104008558X
Category : Social Science
Languages : en
Pages : 255

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Book Description
This unique volume presents cutting-edge research on the nature and extent of a wide range of scams, cons, frauds, and deceptive activities, including sextortion, the use of ransomware, phishing, identity theft, Ponzi schemes, online shopping fraud, gift card scams, and health care fraud targeting elderly victims. The contributions to this book raise and attempt to answer several intriguing questions: Why have governments in each global region failed to respond more aggressively to these crimes? What can/should the private sector and social media giants be doing? Can the current responses of both governments and the private sector be linked to the public’s ambivalence about how to respond to these forms of offending and victimization? Does a large segment of the public admire individuals who get involved in these activities, in large part due to the positive portrayal of scammers, fraudsters, and con artists in both literature and cinema? Or does the public’s view of the harm caused by these scams and cons vary, based on our view of who is victimized (e.g., individuals or corporations) and/or why they were chosen? Will governments – as they have done in the past – attempt to influence the public’s views by restricting access to books and movies that focus on the latest scams, cons, and frauds taking place on-line and in-person via book banning and other forms of censuring? And finally, should this discussion of the influence of books and cinema on the public’s views of scams, frauds, cons, and deception be broadened to include the government’s ongoing attempts to censure a wide range of books and films that may influence the public’s view of morality—and more recently, the public’s view of our government—due to their content? Timely and thought-provoking, this book will be a key resource for researchers, scholars, and practitioners in criminology and criminal justice, sociology, law, psychology, and social work, while also appealing to interdisciplinary researchers seeking insight into the relationship between positive portrayals of scammers, fraudsters, and con artists in literature and cinema, and the public’s perception of individuals who get involved in these activities. It was originally published as a special issue of Victims & Offenders.

Author: Kolluru N Rao
Publisher: Prowess Publishing
ISBN: 9389097924
Category : Computers
Languages : en
Pages : 110

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Book Description
In the present day with the development of Technology and use of Internet, Cloud technology, Social media outburst, Frauds and Crimes have climbed to new heights and the fraudster is always one step ahead of the fraud examiners and thus it is a big challenge to stop fraud before it is committed. This book attempts to identify, the meaning of fraud, evolution of frauds and crimes, the various types of frauds, the Psychology of the persons committing the frauds and the detection and prevention of the frauds, red flags or warning signals and finally reporting of frauds, for suitable action by the courts of law. The book attempts to bring the evolution of frauds dating back to 1700s. Fraud is not a new concept of the present century but dates to 300 years or more. An attempt is also made to highlight some of the Crimes that were committed for the sake of Money.