Search results
Results from the WOW.Com Content Network
Organized crime in turn tends to diversify into other areas of crime. Large profits provide ample funds for bribery of public officials, as well as capital for diversification. [7] The War on Drugs is a commonly cited example of prosecution of victimless crime. The reasoning behind this is that drug use does not directly harm other people.
This idea also ties into Forbes' third theory, that most stock traders see unethical practices as harmless. Many see white-collar crime as a victimless crime, which is not necessarily true. Since many of these stock traders cannot see the victims of their crimes, it seems as if it hurts no one.
The "theft" of one's personal information or identity, like finding another's social security number and then using it as identification, is a type of fraud. Fraud can be committed through and across many media including mail, wire, phone, and the Internet (computer crime and Internet fraud).
“Insurance fraud is not a victimless crime. Fraudulent practices such as filing false claims not only violates the law, but it also increases insurance premiums that are passed on to the ...
Hawaii Insurance Commissioner Gordon Ito said in a written statement : Insurance fraud is not a victimless crime. Fraudulent practices such as filing false claims not only violates the law, but it ...
Other types of mail fraud to be aware of during the holidays. ... While brushing may appear like a victimless crime, the reality is that the recipient's personal information may have been stolen ...
In law, fraud is an intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law or criminal law, or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. [1]
Fraud and financial crime patterns have become more digital and faster changing, leveraging the underlying characteristics of the underlying digital payments infrastructures. This caused traditional rule based systems to be ineffective and led the way to machine learning and AI-based fraud detection techniques.