1st Edition

A Fresh Look at Fraud Theoretical and Applied Perspectives

Edited By Yaniv Hanoch, Stacey Wood Copyright 2022
    240 Pages 9 B/W Illustrations
    by Routledge

    240 Pages 9 B/W Illustrations
    by Routledge

    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.

    Chapter 1. Introduction

    Yaniv Hanoch and Stacey Wood

    Chapter 2. Mass-Market Consumer Frauds: What the Statistical Data Show

    Keith B. Anderson

    Chapter 3. Scams in the Time of COVID-19: Pandemic Trends in Scams and Fraud

    Stacey Wood, David Hengerer, and Yaniv Hanoch

    Chapter 4. Aging Online: Rethinking the Aging Decision-Maker in a Digital Era

    Natalie C. Ebner, Didem Pehlivanoglu, Rebecca Polk, Gary R. Turner, and R. Nathan Spreng

    Chapter 5. Psychological Aspects of Elder Financial Exploitation: Risk Factors, Intervention Approaches, and Case Studies

    Peter A. Lichtenberg, Rebecca Campbell, and Latoya Hall

    Chapter 6. Cognitive and Metacognitive Predictors of Financial Exploitation: Understanding Fraud Susceptibility in Adulthood

    Laura C. Walzak and Wendy Loken Thornton

    Chapter 7. Vulnerability to Financial Exploitation in Older Age: A Neuropsychology Perspective

    S. Duke Han

    Chapter 8. Do Not Distract Me While I Am Winning This Auction: The Psychology of Auction Fraud

    David Modic

    Chapter 9. Trends in Online Consumer Fraud: A Data Science Perspective

    Felix Soldner, Bennett Kleinberg, and Shane Johnson

    Chapter 10. Cryptocurrencies: Boons and Curses for Fraud Prevention

    Josh Kamps, Arianna Trozze, and Bennett Kleinberg




    Yaniv Hanoch is Associate Professor of Risk Management, Southampton University Business School, Southampton University, UK.

    Stacey Wood is Molly Mason Jones Professor of Psychology at Scripps College, USA.

    'A Fresh Look At Fraud showcases some of the leading international fraud researchers current works on fraud across the lifespan, including fraud trends such as covid related, cryptocurrency and other technology facilitated fraud crimes. It is a major contribution to theories of fraud susceptibility using indicators built on the intersectionality of psychology, neuroscience and economics (as well I would add to the field of victimology). It encompasses a systematic survey of the current research on fraud susceptibility that will hopefully drive further research and implementation of more effective programs to intervene and assist fraud victims, especially susceptible and vulnerable older adults.'  

    - Debbie Deem, FBI Victim Specialist (retired)

    'Financial fraud has existed since the dawn of the consumer marketplace, but as Hanoch and Wood expertly describe, the population is aging and becoming more vulnerable to evolving acts of deception in our digitally-enabled world. This fantastic new volume provides a stunning look at the latest science to explain who is most susceptible to fraud, presenting recent evidence from neuroscience to data science. Researchers, students, and industry professionals will benefit from this collection of insights that map our current knowledge of fraud victimization. Hanoch and Wood chart a course for the future study of fraud, identifying promising countermeasures to curb this growing threat to the financial security of individuals and society.'

    - Marti DeLiema, PhD, Research Assistant Professor, University of Minnesota, USA.