Retrieved from https://studentshare.org/law/1596819-cj40-opportunity-perspective-for-fraud-wk-4
https://studentshare.org/law/1596819-cj40-opportunity-perspective-for-fraud-wk-4.
CJ40 Opportunity Perspective for Fraud Wk 4Fraud is the act of attaining something considered to have a lot of value or trying to avoid a responsibility by dishonesty and cheating. The frauds committed may be from various conduct forms such as false claims against an individual or a corporate. Duffield & Grabosky (2001) assert that there are various explanations that are based on features of financial strains in nearly every fraudulent doings. These explanations may come from misfortune, imprudence or combining imprudence and misfortune.
Financial strains may be termed as items that are subjective. In addition, people who are above average material comfort may be deprived economically in contrast to what they notice to be one of their pertinent standards. It mainly comes to one having a desire in possessing what he or she cannot meet the expense of, even if there may be non existence of true financial withdrawal. In another way, financial strains may rise due to loss threats of some goods owned currently. According to Nettler (1982), an example is when the entrepreneurs who are doing properly in their businesses encounter business conditions that are adverse which place them in a financial vulnerability position.
To some people, fraud may be viewed as a short term result. Other financial stresses sources may be due to different choices of lifestyles such as uncontrollable gambling. In conclusion, another motivation aspect that may be used in application of fraud is power or self-esteem. By one having power sensation over another person may be a strong inspiring force for other offenders of fraud activities. Other perpetrators of fraud like to take a disapproving delight in fraud acts than the outcomes achieved.
This is by manipulating their victims. One of the psychological fraud aspects is rationalization which diminishes the inhibition of an offender. Motivation is one of the factors that drive to fraud. On the other hand, neutralization nullifies moral objections that are internal and leads to fraud. Despite the kind of fraud committed, many offenders seek to rationalize or justify their activity (Duffield & Grabosky, 2001).ReferencesNettler, G. (1982). Lying, Cheating, Stealing. Cincinnati, Ohio: Anderson Publishing.
Duffield, G., & Grabosky, P. (2001). The Psychology of Fraud. Australia: Australian institute of Criminology.
Read More