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A Journal of Applied Scam, Fraud, and Cybercrime Psychology – and Allied Sciences

A dedicated site for psychology, victimology, criminology, applied sociology and anthropology, and allied sciences, published by the SCARS INSTITUTE™ – Society of Citizens Against Relationship Scams Inc.

Case report on enormous economic losses caused by fraud from Japan to the world

Principal Category:  Criminology

Authors: Yoshiyasu Takefuji, Faculty of Data Science, Musashino University, 3-3-3 Ariake Koto-ku, Tokyo 135-8181, Japan
Date:  March 2023
DOI LINK:  https://doi.org/10.1016/j.jeconc.2023.100003
LICENSE:  N/A
Source:  https://www.sciencedirect.com/science/article/pii/S2949791423000039

Abstract:

This paper reports case studies on economic injustice or fraud in Japan, the US, the EU, the UK, and Moldova respectively. This paper is intended to alert governments and leaders of the international community to fraud. A literature review on fraud was conducted. First, this paper presents recent fraud cases related to COVID-19 and why cases are increasing in Japan. Digitization and digital governance can reduce instances of fraud. In order to improve or enhance digitization and digital governance, artificial intelligence (AI) and the role of council with expert scientists will be critical in Japan. Malicious scammers are already using AI to commit fraud, but we and our defenders in the world are hardly using AI. In general, the less digitization and AI governance, the more fraudulent it becomes. Second, the fraud problem is an international issue. This is because the largest fraud case in a generation, in which hundreds of billions of US dollars were stolen, was reported in the US. Similar fraud cases have been reported in the EU, the UK respectively. World leaders do not recognize the enormous economic losses caused by fraud due to fraud deviancy attenuation and the circle of attenuation is widening. There is a lack of investment in countermeasures, the number of reports is low and the circle of attenuation is widening. Governments and the international community need to cooperate, share tools and help each other against organized scammers.

Research Study/Article/Document

https://scampsychology.org/wp-content/uploads/2023/07/Case-report-on-enormous-economic-losses-caused-by-fraud-from-Japan-to-the-world.pdf

Published On: July 6th, 2023Last Updated: July 6th, 2023Categories: • CRIMINOLOGY, • PDF, • RESEARCH STUDY, • SPECIAL REPORT, 20230 CommentsTags: , , , , , , , 302 words1.5 min readTotal Views: 560Daily Views: 2

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A Note About Labeling!

We often use the term ‘scam victim’ in our articles, but this is a convenience to help those searching for information in search engines like Google. It is just a convenience and has no deeper meaning. If you have come through such an experience, YOU are a Survivor! It was not your fault. You are not alone! Axios!

Statement About Victim Blaming

Some of our articles discuss various aspects of victims. This is both about better understanding victims (the science of victimology) and their behaviors and psychology. This helps us to educate victims/survivors about why these crimes happened and to not blame themselves, better develop recovery programs, and to help victims avoid scams in the future. At times this may sound like blaming the victim, but it does not blame scam victims, we are simply explaining the hows and whys of the experience victims have.

These articles, about the Psychology of Scams or Victim Psychology – meaning that all humans have psychological or cognitive characteristics in common that can either be exploited or work against us – help us all to understand the unique challenges victims face before, during, and after scams, fraud, or cybercrimes. These sometimes talk about some of the vulnerabilities the scammers exploit. Victims rarely have control of them or are even aware of them, until something like a scam happens and then they can learn how their mind works and how to overcome these mechanisms.

Articles like these help victims and others understand these processes and how to help prevent them from being exploited again or to help them recover more easily by understanding their post-scam behaviors. Learn more about the Psychology of Scams at www.ScamPsychology.org

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The information provided in these articles is intended for educational and self-help purposes only and should not be construed as a substitute for professional therapy or counseling.

While any self-help techniques outlined herein may be beneficial for scam victims seeking to recover from their experience and move towards recovery, it is important to consult with a qualified mental health professional before initiating any course of action. Each individual’s experience and needs are unique, and what works for one person may not be suitable for another.

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