Chander Gupta

• Doctor of Philosophy
• Professor (Associate) at Shoolini University

Purpose The purpose of this paper is to study the concept and procedure of creative accounting as how is it worked around and how it can lead to financial crimes. The procedure which are followed and which are the people who are involved and who are the victims of such crimes. The methods which are used to perform the action and how is it done. Wha...

Purpose This paper aims to study the concept of identity fraud and how these identity thefts can actually lead to financial crime. These crimes which usually were done in the traditional way now have taken leaps with the increase in the use of cyber world. Design/methodology/approach Several research papers, articles and newsfeeds were referred to...

This book examines the field of fintech and the impact of crime legislation on its development. Divided into four parts, it discusses: The background of fintech and its evolution. Financial implication of fintech on practitioners. Criminal opportunities of fintech. Global legal approaches to regulating and prevent criminal activity associated with...

his book discusses the role of whistleblowing in the detection of white-collar crime through examination of publicly available internal investigation reports and evaluation of allegations and suspicions of potential misconduct. The analysis focuses on offender convenience, considering factors such as motive, opportunity, and willingness to engage i...

Fintech is a term which is the most common and used in the financial sector these days around the globe. Its growth has made it clear that it is there to stay, and it is going to cause a major disruption on the globe level, when talked about in relation to financial markets. It is an old saying, "With great powers come great responsibilities" and t...

Fintech can be seen as a bridge between the traditional banking methods and financial crisis. This sector has a great potential to grow. The span of fintech has expanded more over the last 5 years transforming the adamant Indian behaviour of using cash only. Cybercrime in simple terms is a crime done via computer and a network. Cybercrimes include...

Financial technology, or fintech, is a commonly used phrase, yet the subject has received very little theoretical attention. The goals of this chapter are to provide readers a high-level summary of the fintech conversation, review recent academic publications and suggest potential new lines of inquiry. In order to analyse, and interpret, a collecti...

Purpose This study aims to identify perceptions of financial crime among students in six different countries. Design/methodology/approach Survey research was conducted among students in India, Iran, Malaysia, Norway, Romania and the USA to compare the ranking of perceptions. Findings The following three propositions for financial crime had most a...

Managing allegations and accusations within organizations is crucial for maintaining focus on performance and preventing institutional decay. However, relying on external examiners for internal investigations can represent a form of leadership abdication. This study explores approaches to mitigate abdication, emphasizing the importance of client in...

This case study explores allegations of fraudulent time sheet reporting in Ringerike municipality, Norway, aimed at inflating funding from the state. The whistleblower’s claims led to an internal investigation by Viken municipal auditors, who examined archival records, conducted interviews, and reviewed case files. Despite findings of inaccurate ti...

Corporate internal investigations play a crucial role in uncovering misconduct and wrongdoing within organizations, aiming to clarify events, identify causes, and evaluate failures. This study reviews publicly available internal investigation reports, focusing on two key aspects: assessing offender convenience and examination maturity. Investigator...

This study delves into a crisis situation within the Norwegian Ski Federation, triggered by a conflict between the jumping manager and the federation’s leadership. The evaluation committee termed the incident a crisis, emphasizing the importance of effective communication in mitigating reputational risks and engaging stakeholders. The scandal surro...

The case study delves into the concept of criminal conformance deviance within the realm of economic crime, using the example of the Norwegian housing company Obos. Despite legal compliance, Obos faced criticism and labeled economic crime due to deviations from its social housing mission, causing a member revolt. The company’s actions violated its...

The internal investigation by PwC (Det skal nytte å si ifra. Evaluering av Forsvarets system for varsling (It shall work to speak up. Evaluation of the defence’s system for notification) (178 pp.), internal investigation report by PricewaterhouseCoopers, Oslo, Norway, 2022) revealed significant deficiencies in the Norwegian military, encompassing e...

This study delves into the high-profile controversy surrounding Gautam Adani, Asia’s richest person, who faced allegations of fraud and market manipulation by Hindenburg Research. As Adani’s empire faced significant challenges, questions arose regarding the motives behind the accusations and the methods employed by activist investor Nathan Anderson...

This case study examines the financial challenges faced by the Norwegian Research Council due to complexities in grant management and changes in government funding policies. The council’s commitment to multi-year research projects clashed with annual funding allocations, leading to a financial crisis and subsequent dismissal of the board. An extern...

The Rødtangen Bath House insurance fraud case presents a complex narrative of white-collar crime involving deliberate arson for financial gain. The fire, occurring in 2002, led to substantial insurance compensation, prompting investigations and legal proceedings lasting over two decades. The case exemplifies issues of crime convenience, revolving a...

This study delves into the realm of corporate investigations, focusing on a case study from Norway that mirrors findings from various other jurisdictions. The case involves a university researcher accused of misconduct, highlighting procedural irregularities and lack of adherence to legal standards. Through a meticulous examination, the study expos...

The case study examines the misuse of government funding by the Change Factory foundation, focusing on founder Marit Sanner’s role in deviant activities. Despite receiving substantial grants, the foundation failed to fulfill its intended purpose, leading to an internal investigation and the termination of state funding. KPMG’s findings revealed a p...

Fintech is a term which is the most common and used in the financial sector these days around the globe. Its growth has made it clear that it is there to stay, and it is going to cause a major disruption on the globe level, when talked about in relation to financial markets. It is an old saying, “With great powers come great responsibilities” and t...

The 2030 Agenda for Sustainable Development was introduced in 2015 with its 16 th goal which has targeted enhancing the concepts of the rule of law and universal access to justice. This goal, along with the current trend of directing investment projects towards sustainable development, has brought the mechanisms for investor-state dispute settlemen...

The current inclination to direct investment efforts towards sustainable development, coupled with the 2030 Agenda for Sustainable Development, unveiled in 2015, which included the 16th goal of granting equal access to justice and reinforcing the rule of law on a universal level, has brought investor-state dispute settlement (ISDS) mechanisms to th...

Purpose This paper aims to understand the involvement of women in white-collar crime (WCC) also referred to as pink-collar crimes. WCC is present around the globe and has created a word for itself. Design/methodology/approach The paper is designed by studying the WCC in the area of Iran, Portugal, Norway, India and the USA. Findings The paper att...

Purpose This paper aims to examine the options available to arbitrators when they suspect money laundering during arbitration proceedings, considering their compatibility with fundamental principles and concepts of arbitration. Design/methodology/approach Using a doctrinal analysis approach, the paper draws on legal principles, antimoney launderin...

This chapter presents two court cases from Norway: In the first case, defense performance was concerned with negligence fraud, while prosecution performance was concerned with intentional fraud. In the second case, defense performance was concerned with friendship services, while the prosecution performance was concerned with municipal corruption....

This chapter discusses the increasing attractiveness of corruption in the sport industry due to the influx of money and the growing prestige of sport events. It introduces the theory of convenience, which suggests that financial motives, organizational opportunities, and personal willingness contribute to deviant behavior and corruption. The chapte...

The literature explores the relationship between deviant human resources at the top level of organizations and white-collar crime. It introduces the theory of convenience, which suggests that financial motives, organizational opportunities, and personal willingness contribute to white-collar offenders exploiting possibilities and avoiding threats....

This text focuses on white-collar crime, which involves individuals of high social status who commit financial offenses in the course of their occupations. It highlights the distinction between white-collar criminals and street criminals, emphasizing that the former can afford knowledgeable defense, often hiring famous lawyers known for successfull...

This chapter presents and compares survey research in India, Norway, and the United States regarding the extent of understanding the phenomenon of white-collar crime. Understandability reflects the extent to which white-collar crime makes sense to respondents. While respondents in India agree slightly with the suggestion that crime is understandabl...

Craig Stanland in the United States is a white-collar convict who recently wrote his autobiography. The title of his autobiography is Blank Canvas: How I Reinvented My Life After Prison (Stanland, Blank canvas – how i reinvented my life after prison. Lioncrest Publishing, 2021). The book focuses on the terrible consequences that he suffered from hi...

The said chapter talks about Boris Benulic, the former CEO of Swedish energy and culture corporation Kraft & Kultur, who was sentenced to three and a half years in prison for accounting fraud. He chose to engage in criminal behavior based on a cost-benefit analysis, perceiving that the benefits would outweigh the costs. Over time, there was a behav...

Bernard Kerik, appointed by Mayor Rudolph Giuliani, served as the 40th police commissioner of New York City. He had a distinguished career, including prior service in the United States Army and receiving awards for his heroic service. Kerik’s leadership during the September 11, 2001, attacks earned him recognition. However, his downfall came when i...

This text examines the main audience in European courtrooms and their role as theater scenes. It highlights the judges as the primary audience, unlike in the United States where the jury takes on this role. The difference between European and American legal systems is discussed, emphasizing the regulation and control of emotions and affects in lega...

Svea (Case B 5582-12. Svea hovrätt (Svea court of appeals). Sweden, November 29, 2017) court of appeals in Sweden acquitted former Telia chief executive Lars Nyberg on Uzbekistan corruption charges. Telia had already accepted the charges against the company. In 2017, the Swedish telecommunications company paid a penalty of $ 965 million for paying...

In some countries, if a defendant admits to all charges, there is no theatrical trial process. In Norway, this is known as a confession verdict, where the defendant agrees with all accusations, and the court hearing becomes a brief formality. The defendant’s main performance is expressing remorse and seeking sympathy from the judge. However, in som...

What Podgor (J Crim Law Criminol, 97(3): 1–10) found to be the most interesting aspect of Sutherland’s work is that a scholar needed to proclaim that crime committed by a member of the “upper socioeconomic class” was in fact crime that should be prosecuted. When prosecuted in court, white-collar criminals are defended by lawyers. White-collar defen...

Touches every aspect of financial crimes and understanding its importance Investigates unique and overlapping motives behind financial crimes Provides precautions that can be taken to curb financial crime

Everyone in the human generation is eager to achieve the best in life. However, in the hopes of getting the best, sometimes people resort to illegitimate means such as fraud. Frauds have been known since the very beginning of humankind. This kind of behavior has been justified in various disciplines, such as rational behavior in economics and the s...

White-collar crimes (WCC) or financial crimes (FC) are the crimes that are linked with the top-level management representatives who are responsible to make the right decisions for the better functioning of the organization, these individuals are highly respectable as they hold a position of high repute. However, when the same individuals either und...

Sustainable development could not be envisaged regardless of protection of the environment and natural resources and achieving economic growth detached from resource use, in other words, sustainable development relies on environmental sustainability. On the other hand, Goal 16 of the 2030 Agenda for Sustainable Development, calls for peace, justice...

Financial Crimes are the fire that has not let off any media platform and are giving jolts to every economy in the world. India in the South Asian Pacific is not an exception to it. The loss to the economy is in Trillion Dollars and is growing daily with a multiplier effect. Several preventive measures have been developed and still in process. One...

The paper intends to highlight an insight on the increase in window dressing and absence of professional ethics in the field of accounting. With the ever-increasing accounting frauds in the corporate world the faith of consumers and acceptability of financial statements have tainted. Accounting frauds first came into limelight in the year 1998 with...

Numbers are very important for anyone may it be a class 1 student to a company or a nation. Even a single zero can play a major role in giving a person a heart attack. When Financial Statements are made they are more of a face of the firm to the insiders and outsiders of the firm who take a lot of decisions based on the numbers projected in these F...