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
Chapter 9. Trends in Online Consumer Fraud: A Data Science PerspectiveFelix Soldner, Bennett Kleinberg, and Shane Johnson
Chapter 10. Cryptocurrencies: Boons and Curses for Fraud Prevention
Josh Kamps, Arianna Trozze, and Bennett Kleinberg
'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.