Profiling victims of investment fraud: Mindsets and risky behaviors

M Deliema, D Shadel, K Pak - Journal of Consumer Research, 2020 - academic.oup.com
Millions of Americans are targeted by investment scams, resulting in billions of dollars lost
each year. Previous research indicates that investment fraud victims are more likely to be …

[HTML][HTML] How financial literacy shapes the demand for financial advice at older ages

HH Kim, R Maurer, OS Mitchell - The Journal of the Economics of Ageing, 2021 - Elsevier
We investigate how financial literacy shapes older Americans' demand for financial advice.
Using an experimental module fielded in the Health and Retirement Study, we show that …

Consumer surveillance and financial fraud

B Bian, M Pagel, H Tang, D Raval - 2023 - nber.org
In today's digital economy, firms near constantly collect, analyze, and profit from consumers'
personal information, which might expose consumers to financial fraud. We examine the …

Risk factors for fraud victimization: The role of socio-demographics, personality, mental, general, and cognitive health, activities, and fraud knowledge

L Koning, M Junger… - International review of …, 2024 - journals.sagepub.com
Fraud against individuals is a major and growing problem. Understanding why some people
fall victim to fraud, while others do not, is crucial in developing effective prevention …

In their own words: deception detection by victims and near victims of fraud

M Junger, L Koning, P Hartel, B Veldkamp - Frontiers in psychology, 2023 - frontiersin.org
Aim Research on deception detection has usually been executed in experimental settings in
the laboratory. In contrast, the present research investigates deception detection by actual …

Predicting fraud victimization using classical machine learning

M Lokanan, S Liu - Entropy, 2021 - mdpi.com
Protecting financial consumers from investment fraud has been a recurring problem in
Canada. The purpose of this paper is to predict the demographic characteristics of investors …

Online consumer fraud victimization and reporting: A quantitative study of the predictors and motives

C Fonseca, S Moreira, I Guedes - Victims & offenders, 2022 - Taylor & Francis
Online consumer fraud is one of the most fast-growing crimes. It corresponds to situations
where, for instance, the products that are bought, but are not delivered. The present study …

Older and wiser: age differences in susceptibility to investment fraud: the protective role of emotional intelligence

EA Mueller, SA Wood, Y Hanoch… - Journal of Elder Abuse …, 2020 - Taylor & Francis
There have been inconsistent results regarding whether older adults are more vulnerable to
fraud than younger adults. The two main goals of this study were to investigate the claim that …

Key Considerations to be Applied While Leveraging Machine Learning for Financial Statement Fraud Detection: A Review

D Lin - IEEE Access, 2024 - ieeexplore.ieee.org
Financial statement fraud (FSF) is a challenging issue in capital markets and severely affects
their overall health and stability. The effective prediction of FSF has become an urgent need …

Financial fraud victimization: an examination of distress and financial complications

KA Golladay, JA Snyder - Journal of Financial Crime, 2023 - emerald.com
Purpose This study expands the empirical understanding of financial fraud victims and the
consequences that emerge as a result of financial fraud victimization. In addition, this study …