Crime and Fraud at the Community level: Social Networking Understanding into Economic crimes and Psychology Motivations

Abstract

The paper provides  an  in-depth  study  of  economic  crimes,  utilizing  social  network  dynamics  and psychological factors to present a full analysis. This innovative publication examines the dynamic relationship among individuals, organizations, and society systems, unraveling the complex of financial fraud, cybercrime, and  white-collar offenses.  The  chapter  draws  on  several  academic  disciplines  to  offer  a  detailed  insight  into how criminal behaviors occur within social networks and the underlying motivations of the perpetrators. The case  study  examines  the  complex  dynamics  involved  in  economic  crimes,  such  as  Ponzi  schemes  and corporate wrongdoing. These studies provide insight into individuals who commit fraud's behavioral patterns and   decision-making   processes.   Moreover,   the   chapter   explores   technology's impact on enabling   and countering  financial  crimes,  providing  valuable  perspectives  on  novel  methods  for  detecting  and  preventing such  activities. Using sophisticated  analytics  and  computational  techniques,  academics  and practitioners acquire  practical  insights  to  detect  suspicious  actions  and  protect  against  fraudulent  schemes.  Furthermore, "Crime  and  Fraud  Detection"  examines  the  psychological  aspects  of  economic  crimes,  investigating  the cognitive  biases,  personality  traits,  and  situational  circumstances  that  impact an individual’s  inclination  to participate  in  illegal  activities.  The  chapter  also  offers  a  comprehensive  view  of  the  complex  relationship between  human  psychology  and  criminal behaviors,  using  a  combination of  empirical  data  and  theoretical frameworks.  "Crime  and  Fraud Detection"  provides an essential  view  into  combatting  financial  misconduct and  upholding  integrity  in  the  digital  age  by  uncovering  the  complex  workings  of  social  networks  and psychological motivations.