“Control frauds” as financial super-predators: How “pathogens” make financial markets inefficient

White-collar criminology scholarship shows that “control frauds” (frauds led by the CEO) use accounting fraud to deceive (or suborn) sophisticated financial market participants. Large control frauds cause greater financial losses than all other forms of property crimes combined. Weak regulation, supervision and ethics produce epidemics of control fraud that cause systemic economic damage. As with the natural world, these financial super-predators act like pathogens that take over a firm and act as a “vector” to cause ever greater damage. Control fraud theory poses a major challenge to the efficient markets hypothesis and the resulting praxis that devalues financial regulation.     

The case of the random telephone numbers

An unusual pattern of telephone numbers recorded on suspect credit-card purchases led to the development of a generalized multinomial distribution. One usage of credit cards included 26 telephone numbers with a pattern of 7 unique numbers: 16 of one kind, 4 of another, 2 of another, and 4 different ones. With the assumption that the probability of any digit appearing in a telephone number is 1/10, the pattern of the 26 telephone numbers is found to have a probability of occurrence on the order of 1/10⁶⁵. That is, the chance of such a pattern occurring at random is roughly equivalent to winning nine times in a row the popular ottery, LOTO 6/49.     

基于非线性-主成分Logistic回归的会计舞弊识别研究

混沌理论认为,人类行为大多具有非线性特征。会计舞弊属于行为会计的研究范畴,而传统上基于统计理论构建的舞弊识别模型大多受限于线性约束假设,可能存在模型设定偏误和信息提取不充分的缺陷。以沪深A股受到监管处罚的上市公司及其配对公司为样本,借鉴Taylor展开式的非线性思想,并使用主成分分析消除变量多重共线性,构建了非线性-主成分Logistic回归的会计舞弊识别模型。与线性回归模型对比发现,前者具有更高的舞弊识别正确率,模型拟合度更优。应用这一模型有助于更加充分提取舞弊识别信息,提高舞弊识别效率。     

是达到了最高学术水平,还是罕见的假冒伪劣--评荆贵生主编的《古代汉语》

河南师范大学教授荆贵生宣称由他主编的<古代汉语>达到了最高学术水平,本文则以大量无可辩驳的事实揭露该书是一部罕见的假冒伪劣之作.此外,作者谴责了庸俗的书评,并对如何制止践踏学术道德、违背学术规范的不良现象,提出了自己的看法.     

信用证机制的法律漏洞和立法救济

独立抽象性原则和表面真实性原则是信用证机制存在的基础。信用证仅要求单据有效容易给不法商人留下法律漏洞。解决此矛盾的关键是在不影响信用证正常交易的基础上,通过严格定义欺诈例外和违法例外来进行国内立法救济。     

我国农产品流通的成本构成与利益分配—基于大连蔬菜流通的案例研究

目的/意义粮食是关系我国国计民生的重要农作物,交易过程中价格欺诈问题严重损害了农户利益,打击农户种粮积极性,影响了粮食生产和流通。设计/方法通过应用演化博弈方法,分析粮食交易参与主体之间的博弈关系,探讨政府监管与补贴双重干预下粮食交易主体的策略选择及驱动因素,为政府有效监管提供理论依据。结论/发现结果表明,相比于单纯监管或补贴,政府监管结合补贴政策对欺诈行为约束效果更好;政府监管的积极性随社会效益、监管效率及交易规模的增加而增加。为有效约束价格欺诈行为,政府最好同时实施监管结合补贴双重干预政策,同时可以完善奖惩机制、健全监管体系、加大监管力度、发展农业经济组织来约束粮食交易欺诈行为。     

国际贸易中的提单欺诈问题探析

提单欺诈是一种比较常见的海事欺诈,在国际贸易中,尤其是涉及货物运输、保险的贸易中,单证交易已经越来越占据主要地位。利用单证进行欺诈也就日益成为一种主要的海事欺诈手段。海事欺诈使提单信誉大大受损并影响到整个国际贸易体系,日益成为航运界比较重要的危害,我国成为海事欺诈的主要对象。对提单制度的完善正是其发展的新契机。     

民事诉讼中恶意抗辩行为的法律分析

民事诉讼中恶意抗辩是指在民事诉讼中对明知是真实的证据加以否定的行为。这种行为具有一定的社会危害性,不但违反了诚实信用的原则,而且影响了法律追求的公平、公正和效率。应从行为的主体上、主观上和发生的时间上对此加以界定;然后通过合理分担证明责任,根据现有法律加以制裁等方式来规制这种行为。     

诈骗罪若干问题探究

本文探讨诈骗罪的犯罪目的和犯罪客观方面两个问题，分析了诈骗罪中“非法占有”的含义，以及刑法上“占有”与民法上“占有”的质的差别，指出了诈骗罪客观方面的若干种特殊情况。     

Reverse Mortgage Fraud Against Seniors: Recognition and Education of a Burgeoning Problem

With the senescent population and the popularity of aging in place, many seniors are attracted to reverse mortgages to plan for retirement and to maintain their existing housing situation. Although theoretically reverse mortgages represent a viable investment product for those considering retirement, several pitfalls are possible for seniors, who can be unsuspecting victims of fraud. This article provides information detailing the etymology of fraud activities within this market through a storyboard that depicts the various stages of the fraud process. It is hoped that such a tool can enhance the education of consumers on this mortgage product.