Financial Crime Issues : Fraud Investigations and Social Control

This volume looks at the emerging perspective to the social license and white-collar and corporate crime in criminal justice. While most scholarship explains the frequent lack of police involvement, prosecution, and punishment through various theoretical perspectives that reflect the legal license to operate, the social license to operate illustrates punishment of violations that can cause termination of executives, market loss, and other serious harm to individuals and firms. This book presents several case studies where fraud examiners reviewed the legal license, while the social license was ignored, distinguishing between punishment from violations of the legal license and punishment from violations of the social license to operate. This volume is ideal for crime analysts and scholars of corporate and white-collar crime. Preface Contents Chapter 1: Introduction References Chapter 2: Theory of Social License Sources of License Authority Substance of Social License Value of Social License Australian Case Study References Chapter 3: Cooperative Member Revolt Challenging the Social License Motive Convenience Themes Opportunity Convenience Themes Willingness Convenience Themes Investigation Report Outcome Violations of the Social License Regaining the Social License References Chapter 4: Police Deviance and Criminality Opportunistic Officer Behavior Principal-Agent Perspective Rotten Apple or Basket Metaphor Officer Convenience Themes The Fraud Investigation Report Regaining the Social License References Chapter 5: Military Regime Cooperation Challenging the Social License Bestseller’s Convenience Themes The Fraud Investigation Report Regaining the Social License References Chapter 6: Whistleblowing Failure Challenging the Social License Management’s Convenience Themes The Fraud Investigation Report Regaining the Social License References Chapter 7: Whistleblowing Deviation Offender Convenience Themes Fraud Investigation Outcome Municipal Convenience Themes Regaining the Social License References Chapter 8: Fishing Rights Corruption Al Jazeera News Investigation Kveikur News Investigation Samherji Fishing Press Release DNB Bank Corrupt Transactions Whistleblower Johannes Stefansson Wikborg Rein Fraud Investigation White-Collar Crime Convenience Regaining the Social License References Chapter 9: Banking Mismanagement German House of Wirecards Offender Convenience Themes Project Panther Deutsche Bank Fraud Investigation Outcome Regaining the Social License References Chapter 10: Social License Issues Fraud Investigation Reports Sources of License Authority Substance of Social License References Chapter 11: Bottom-Up Status Control Disclosure of Executive Language Removal of Powerful People Detection of Misleading Attribution Disregard of Offender Humor Correction of Power Inequality References Chapter 12: Bottom-Up Access Control Restrictions on Access to Systems Disclosure of Entrepreneurialism Review of Specialized Access Limits to Strategic Resources References Chapter 13: Conclusion References Bibliography Index This volume looks at the emerging perspective of the social license and white-collar and corporate crime in criminal justice. While most scholarship explains the frequent lack of police involvement, prosecution, and punishment through various theoretical perspectives that reflect the legal license to operate, the social license to operate illustrates punishment of violations that can cause termination of executives, market loss, and other serious harm to individuals and firms. This book presents several case studies where fraud examiners reviewed the legal license, while the social license was ignored, distinguishing between punishment from violations of the legal license and punishment from violations of the social license to operate. This volume is ideal for crime analysts and scholars of corporate and white-collar crime