Abstract
Purpose: In analyzing the current state of financial fraud aimed at embezzlement of other people's funds, it must be said that this problem requires both national and international legislation to deal with this crime. Design/methodology/approach: The work presents a detailed study of the concept and types of financial fraud, as well as an analysis of the state in the Russian Federation. Findings: Fraud is an “intellectual tool,” and the forms of its manifestation in the context of economic development are becoming more susceptible to change and difficult to disclose. Fraud causes significant financial damage to the economy, fraud is adaptive and volatile, while it extends to all types of economic and financial activities. Originality/value: The authors concluded that fraud in the modern economy is becoming the most attractive for unscrupulous people. Therefore, only the struggle of all branches of state power can be the key to further transformation. It follows that only in this case it is advisable to talk about the potential impact on preventing and reducing the growth of fraudulent activities in the field of the economy, as well as ensuring the economic security of the state.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Antonov, A. M. (2016). Secure ATM use and prevent card fraud. Herald, 2016, 16–37.
Bailo, A. Y. (2014). Description of methods of fraud in the field of lending (pp. 78–83).
Balalaeva, M. V. (2015). Credit fraud. Messenger. (pp. 65–67).
Izotov, D. S. (2015). Types of fraud with bank cards Bulletin NGIEI, (pp. 24–26).
Khakimova, G. M. (2016). Bank lending fraud. Lambert Academic Publishing.
Kondrat, E. N. (2019). International financial security in a globalizing world. Justicinform.
Pukhov, A. V. (2019). Payment fraud. Alpina Didgital.
Revenkov, P. V. (2016). Payment fraud. Dashkov and K.
Troshin, A. N. (2018). Finance and credit. NIC INFRA-M.
Taranova, I. V., Aydinova, A. T., Cherepuhi, T. J., & Putrenok, E. L. (2015). Identification and alignment of regional typological differences by the lever of development of the banking industry and the intensity of its interaction with the non-financial sector of the economy of territories. Asian Social Science, T.11, 7, 128–137.
Taranova, I. V., Gunko, A. Y., Kurennaya, V. V., Alekseeva, O. A., & Bunchikov, O. N. (2015). Development of methodical approach on identification of cluster forms of the organization of economy of the traditional and agrarian region. Asian Social Science, T.11, 14, 95–103.
Taranova, I. V., Sklyarova, Y. M., Sklyarov, I. Y., Latysheva, L. A., & YuPiterskaya, L. (2019). The main directions of development the banking and financial management system: Theory and practice. Indo American Journal of Pharmaceutical Sciences, 6(3), 5615–5619.
Zverev, V. A. (2019). How to protect yourself from fraud in the financial market. Dashkov and K.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Taranova, I.V., Kasaeva, T.V., Shavrina, J.O., Tekeeva, H.E., Boeva, K.Y. (2022). Methods of Fraud Management in the Financial Services Market of the Region. In: Popkova, E.G. (eds) Business 4.0 as a Subject of the Digital Economy. Advances in Science, Technology & Innovation. Springer, Cham. https://doi.org/10.1007/978-3-030-90324-4_47
Download citation
DOI: https://doi.org/10.1007/978-3-030-90324-4_47
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-90323-7
Online ISBN: 978-3-030-90324-4
eBook Packages: Earth and Environmental ScienceEarth and Environmental Science (R0)